To wrap up Day 1, the “New Payment Platforms for Innovation” panelists shared their ideas on the next great payments app that has yet to be created:
- David S. Evans (Founder, Market Platform Dynamics): An online competitor to PayPal for merchants who can’t or don’t want to accept PayPal
- Tim Attinger (Market Platform Dynamics Managing Director and Former Global Head of Products, Visa): Any way for those in developing countries to access finances via a mobile device
- Mario Shiliashki (SVP & Group Head, US Emerging Payments, MasterCard): Anything that kills cash
- Dan Schatt (Sr. GM Innovation, PayPal): A mobile payments solution that integrates cash and check payments
PYMNTS.com Blog Entries from the Innovation Institute
Day 1
- David S. Evans: Why the Time Is Right for Innovation (and Cash Is Not Dead) (9 a.m.)
- No Need to Give a Eulogy for Venture Capital (10 a.m.)
- There’s Two Sides to Every [Payments Platform] Story (11:30 a.m.)
- The Key to Igniting and Launching Mobile Payments Platforms (12:30 p.m.)
- Fed’s Proposal for Interchange Rates to Be Announced Within a Few Weeks (2:30 p.m.)
- What Payments Professionals Can Learn from FarmVille (4 p.m.)
- Driving Network Effects with Platforms (4:30 p.m.)
- What Is The Next Great Payment App That Has Yet To Be Created? (5 p.m.)
Day 2
- Can the U.S. Replicate Japan’s Mobile Payments Success? (8:30 a.m.)
- POS Opportunities around Social Networking (9:30 a.m.)
- POS Innovation in the Cloud (10:30 a.m.)
- American Idol: Payments Innovation Style (Noon)
- Federal Reserve: Cash Usage Increased in 2009 (1:30 p.m.)
- Tips for Catering to Consumers’ Payment Preferences (2:30 p.m.)
- How Walmart Views Consumer Payments Behavior (3 p.m.)