What's next next in payments? Futurism Forum, Frank Schwab
•
1 like•1,815 views
„What’s next next in payments?“ What happened so far? The profession of cashier in banks has disappeared Credit cards Decline of cash & cheques What is happening right now? Smartphone & social media age mPesa / Safaricom What’s next? GAFA payments M2M payments What’s next next? Money becomes programmable Blockchain and crypto currencies
More Related Content
What's hot
What's hot (20)
Similar to What's next next in payments? Futurism Forum, Frank Schwab
Similar to What's next next in payments? Futurism Forum, Frank Schwab (20)
More from Frank Schwab
More from Frank Schwab (20)
Recently uploaded
Recently uploaded (20)
What's next next in payments? Futurism Forum, Frank Schwab
- 1. What‘s next next in payments? Frank Schwab Costs Convenience Speed /“ < >; < > “/ Futurism Forum, 6th October 2020
- 4. 10.8 bn EUR
- 5. Pic: dpa/Jan Dube The profession of cashier in banks has disappeared
- 6. Source: Deutsche Bundesbank 2010 48.3 12.8 2017 Number of checks in Germany in millions
- 7. 1998 Online, 10 % Call Center, 90 % 2002 Call Center, 10 % Online, 90 %
- 9. Paper Call Center Internet 1 Euro 1 Cent Factor 10 10 Cent Factor 100 Money transfer costs FrankSchwabSpeaks.com
- 10. Costs
- 11. No fees No card number No CVV code No signature No expiration date
- 13. Convenience
- 16. PayPal = 13x Deutsche Bank Market cap in bn EUR, Sept 2020 14 Deutsche Bank 182 PayPal 20 Deutsche-Commerz-Bank
- 18. Speed
- 19. Change happens
- 21. 75 %
- 23. What happens?
- 24. 4 % < 1 20 % 1 - 3 29 % 3 - 5 21 % 5 - 7 26 % > 7 Source: Statista Smartphone age hours Year 2017, world wide
- 25. Social Media
- 27. What´s next?
- 30. Quelle: Amazon
- 31. M2M payments
- 32. New: Machine
- 33. In the future, paying will no longer be something we do Paying will happen in the background simply invisible
- 35. INSTEX
- 37. Satoshi Nakamoto Peer to peer De-central Anonymous Secure Real time Low costs
- 38. „Money is central to us. Money and all forms of transferring money are our core business.“ Source: CFS-Conference, 8th Mai 2019 Burkhard Balz, Board member of Deutsche Bundesbank
- 39. Digital Operational Resilience Framework for financial services: Making the EU financial sector more secure „MiCa“ "Markets in Crypto-assets" Source: European commission, Sept 2020
- 40. > 7,100 crypto currencies > 29,500 markets Source: CoinMarketCap.com
- 41. Venezuela
- 45. Smart Contracts Public ledger Transaction block with condition condition Example Stocks: dividend payment www.FrankSchwabSpeaks.com
- 46. Trade finance
- 47. Islamic banking
- 48. Source: Jaguar Data sharing Car sharing Parking deck Road charge Parking ticket Battery charging
- 49. Source: Jaguar
- 50. Source: espiota.com Espiota A micropayment device that is specialized in receiving and sending IOTA to gain full control over time usage and energy consumption of your devices.
- 52. All just hype?
- 53. > 10 Bn USD in crypto startups invested in millions USD 2014 900 2015 1,100 2017 1,500 2013 600 Sources: cointelegraph, PitchBook, Diar 2018 2,500 2016 1,300
- 54. Crypto Valley
- 55. P2P Bitcoin volume keeps hitting all-time highs
- 57. Pic: Jamen Percy. http://instagram.com/jamenpercy
- 60. „The only way to ultimately save civilization will be to deprive governments of their power over money. The current instability of the market economy is a consequence of the fact that the most important regulator of the market mechanism, money, has been excluded from regulation by the market process.“ "Denationalization of money“, 1976 Friedrich August von Hayek, Nobel Prize Winner 1974
- 61. Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust Trust
- 62. World Economic Forum - 2015 By 2025 10% global GDP
- 63. Crypto currenciesAll money (M2) 95.7 trillion USD 338 billion USD
- 64. 0.35 %
- 65. We are at the beginning We are here
- 66. Diffusion of innovation Longer than you think Faster than you think time Diffusion