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The Future of
Payments
James Hickson, Group CEO
Mash
Payments Under Pressure......
• PSD2 driving new business models
• FOMO Syndrome (Microsoft Pay, Instagram,
Union Pay). Everyone has a payment method
• Varied Customer Demand & Segmentation
• Incumbents squeezed (i.e. Cards, Device
players)
11.05.2018 The future of payments 2
What Is The Future of Payments?
11.05.2018 The future of payments 3
0. CROSS ECO-SYSTEM POLLINATION
11.09.2017 4
• mPos & FinTech players
• Payment and PFM
• Payment & SMB Lending
• …and more
• Partnerships matter more than ever
before
1. EVERYTHING
IS A
PAYMENTS
DEVICE…
EVERYTHING
GenZers will be
40%
of adults by 2020
5
A Connected World
“Imagine a world where your card, based on your
driving pattern, route and usage negotiates a new
insurance premium and optimizes the payment
experience for you. That’s the very real future”
James Hickson, CEO MASH Group
11.09.2017 Presentation title 6
2. IT IS ONLY ABOUT CUSTOMER EXPERIENCE
•Just like Google with
search, providers that
are present across the
payments journey in
the moments that
matter will win
•Payments will become
the lynch pin of
broader services.
82%
of consumers spend more
when they feel valued
11.05.2018 The future of payments 7
3. HORIZONTAL PLATFORMS DOMINATE
11.09.2017 8
(…Banks by the back door)
4. Gimme Gimme More…Rewards
• Consumers crave personal rewards
and will share personal information to
get it
• Payments players have a huge
opportunity….
• Rewards will go beyond cards and
consumers digitizing their coupons,
rewards will shift to experiences and
reflect lifestyle needs and delivered in
real-time
11.05.2018 The future of payments 9
48%
of consumers would switch
their primary rewards card to
get more value for their
purchases, and
42%
would switch for large
upfront bonus
Mash partners
to build a
future we can
believe in.
11.05.2018 The future of payments 10

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James Hickson, The Future of Payments (Mash Group CEO, FinTech Conference Keynote 2018)

  • 1. The Future of Payments James Hickson, Group CEO Mash
  • 2. Payments Under Pressure...... • PSD2 driving new business models • FOMO Syndrome (Microsoft Pay, Instagram, Union Pay). Everyone has a payment method • Varied Customer Demand & Segmentation • Incumbents squeezed (i.e. Cards, Device players) 11.05.2018 The future of payments 2
  • 3. What Is The Future of Payments? 11.05.2018 The future of payments 3
  • 4. 0. CROSS ECO-SYSTEM POLLINATION 11.09.2017 4 • mPos & FinTech players • Payment and PFM • Payment & SMB Lending • …and more • Partnerships matter more than ever before
  • 6. A Connected World “Imagine a world where your card, based on your driving pattern, route and usage negotiates a new insurance premium and optimizes the payment experience for you. That’s the very real future” James Hickson, CEO MASH Group 11.09.2017 Presentation title 6
  • 7. 2. IT IS ONLY ABOUT CUSTOMER EXPERIENCE •Just like Google with search, providers that are present across the payments journey in the moments that matter will win •Payments will become the lynch pin of broader services. 82% of consumers spend more when they feel valued 11.05.2018 The future of payments 7
  • 8. 3. HORIZONTAL PLATFORMS DOMINATE 11.09.2017 8 (…Banks by the back door)
  • 9. 4. Gimme Gimme More…Rewards • Consumers crave personal rewards and will share personal information to get it • Payments players have a huge opportunity…. • Rewards will go beyond cards and consumers digitizing their coupons, rewards will shift to experiences and reflect lifestyle needs and delivered in real-time 11.05.2018 The future of payments 9 48% of consumers would switch their primary rewards card to get more value for their purchases, and 42% would switch for large upfront bonus
  • 10. Mash partners to build a future we can believe in. 11.05.2018 The future of payments 10