Live From All Payments Expo & FinTech Partnerships - Evening of Day 1

This evening at All Payments Expo there was an insightful panel - New Tender Types: The Payments Evolution

Panelists:
Ben Milne - Dwolla
John Berkley - Mercury Payment Systems 
Rob Pfeifer - Affirm, Inc

Moderator: 
Matt Harris - Bain Capital Ventures

Take Aways: 

"One of the hardest things to do in capitalism is create a new tender type" - Matt Harris

Merchants are worried about user adoption and ROI - needs a high return and low price while being hassle free.

Interchange is a big deal - there is a better way. Big business and small business both need a better way. The internet will eventually replace the card.

Emerging Tender Types Hot or Not:
Bitcoin - will have less than 1% market share in 10 years
Level Up - Focus on merchant and consumer experience merchant funded rewards drives loyalty
Chase Wallet & Merchants - If merchants adopt theoretically it will become a new tender type. 

Be sure to check back tomorrow for more updates on All Payments Expo & FinTech Partnerships! 

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Partnering Round Up: 12/9 - 12/13

All Payments Expo is committed to catalyzing value add partnerships for the betterment of the ecosystem. Here’s the weekly roundup of partnership news:

• “Lemon, a digital wallet platform which allows users to store their ID, payment, loyalty cards and more on their smartphone, has been acquired by identity theft protection service LifeLock for approximately $42.6 million, the companies [announced.] LifeLock is also now launching a new application called “LifeLock Wallet,” which is based on Lemon Wallet Plus technology.” To learn more about this partnership, click here.
• “Barclays Accepting Applications for New UK Fintech Accelerator – Barclays announced Monday a partnership with Techstars to launch a three-month accelerator program in the UK next year.” To learn more about this partnership, click here.
• “Wells Fargo & Company and Isis, the mobile commerce joint venture created by AT&T Mobility, T-Mobile USA, Inc. and Verizon Wireless, has announced the first phase of an agreement that allows Wells Fargo Visa consumer credit card holders to load their cards into the Isis Mobile Wallet.” To learn more about this partnership, click here.
• “Payment processing firm Dwolla on Thursday announced the launch of a partnership with online service marketplace Fiverr in a move to help spur adoption of its payment option.” To learn more about this partnership, click here.
• “Coda Payments scores $2.3 million to make mobile payments without credit cards a cinch” To read more click here.
• “MasterCard is partnering with Samsung to bring tap-to-pay functionality to Australian shoppers who own a Samsung Galaxy S4 and have the Commonwealth Bank of Australia app loaded on their phone.” To read more click here.

Click here for more information on partnering and how you can guarantee ROI at All Payments Expo.

See you in Las Vegas!

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