Specialist
Senior executive at Intrepid Ventures
Agenda
- Impact of the US election and regulatory sentiments out of Brussels, Beijing and Delhi on payments landscape
- Potentially disruptive emerging payment trends and technologies, highlighting digital fiat currencies and tech platform stablecoins
- Big tech company payments prospects and potential threats to incumbents – Google (NASDAQ: GOOGL) and Facebook (NASDAQ: FB) vs Visa (NYSE: V), Mastercard (NYSE: MA), American Express (NYSE: ASP), Discover (NYSE: DFS) and PayPal (NASDAQ: PYPL)
- Potential winners and losers across payments landscape in 2021 and beyond
Questions
1.
What are your thoughts on the state of the global payments industry? What are you monitoring for 2021 and beyond?
2.
What regulatory impacts might the newly elected Biden administration have in the US? What other regulatory catalysts would you highlight globally?
3.
What do you think could be the most disruptive emerging payment trends and technologies in 2021 and beyond? What changes could happen along the value chain?
4.
You mentioned it’s a mixed story around the acquirers and integrated payments. How do you think integrated payments are changing the value proposition and the retention of merchant acquirers? How could competition among the acquirers evolve?
5.
How might the new fintech players impact the card networks and acquirers? Could the US ever resemble regions such as China regarding payments, with consumers predominantly using apps and pushing payments between bank accounts?
6.
What alternative sources of revenue do you think firms will focus on as monetisation of core payments and transactions is challenged, especially in geographies such as India where take rates are under pressure? Does this differ by geography and other factors? Which firms might have an advantage or disadvantage as competition shifts to alternative monetisation sources?
7.
What M&A and consolidation could occur in 2021 and beyond? Which companies do you think could be winners and losers over that time frame?
8.
You mentioned the disruptive potential of digital fiat currencies and stablecoins. What needs to happen for those opportunities to develop? What would you say investors should monitor? What roadblocks could
appear? How do you think about the networks’ role if this scenario plays out? Would they still have a role?
9.
Do you have any closing remarks on global payments? Is there anything that we haven’t covered that you think we should touch on?
