Whether scanning a cell phone to purchase a bullet train ticket in Japan or buying cattle in sub-Saharan Africa, the ubiquity of mobile phones is revolutionizing traditional banking and commerce. Gartner estimates by the end of 2009, 74.4 million people will use mobile devices to purchase goods and services worldwide, and will double by the end of 2012 . DoCoMo's Japanese consumers have been buying mass transit tickets and vending machine goods via cell phones for ten years. Over 5 years ago, the m-Pesa project brought mobile phone micro-payments to the un-banked regions of Kenya. The proliferation of mobile phones brings new business models and opportunities to third world countries, and provides a chance to break cycles of poverty. The cell phone also creates opportunities for new business models, and new revenue streams for established players in finance and telecom.
This program will examine the emerging and existing business models enabling the mobile wallet in the US and abroad, plus the underlying trends which are driving growth opportunities. Technologies such as SMS based transactions, Near Field Communication and Direct Mobile Billing will be explored, along with security and the role of mobile carriers.
Come join us to find out about how entrepreneurs will change the way we pay, when we're on the go.
How the mobile payment markets are evolving?
What are the opportunities for entrepreneurs?...in traditional and non-traditional businesses?
Would social networks and virtual goods catalyze mass adoption of mobile money? What are the roadblocks?
What are the complexities and differences between the markets in US and Asia?
Who would be the "big cheese" in the mobile payment transactions, financial institutions or carriers?
Scott Ellison - Vice President/Mobile and Wireless, IDC
Scott Ellison leads IDC’s analysis efforts on the mobile consumer digital marketplace including the mobile Internet; mobile content and entertainment; mobile app stores; mobile advertising; location-based services; the competitive dynamics among mobile operators, Internet-based companies, and content providers; and the rapidly evolving competitive landscape among major mobile ecosystems including Android, Apple, Blackberry, BREW, Symbian, webOS, and Windows. A 20 year mobile industry veteran, Mr. Ellison's mobile career includes the Personal Communications Industry Association (PCIA), MCI, Destia (where his work lead to Destia’s IPO and subsequent sale to Viatel), Viatel, and since 2001, IDC. At IDC he founded three analysis programs including Mobile & Wireless Entertainment, Wireless Business Network Services, and Mobile Data Services Qview. Mr. Ellison has won IDC’s Research Quality Award twice for individually authored research, and serves on the Advisory Board of the Mobile Giving Foundation. His media quotes and appearances include BusinessWeek, CTIA, Forbes, Mobile World Congress, NBC Nightly News, The New York Times, NPR MarketWatch, Reuters TV, USA Today, and The Wall Street Journal.
Wenceslao Casares - Founder, Co-Chief Executive Officer and Director, BlingNation
Wenceslao Casares is a founder, co-Chief Executive Officer and member of the Board of Directors of Bling Nation. In this role, he is responsible for overseeing the long-term direction and growth of Bling Nation. He also is a cofounder of MECK, Ltd, a private investment firm based in Santiago, Chile.
Prior to Bling Nation, Casares, as a global entrepreneur had founded multiple ventures: Patagon, Latin America’s first comprehensive financial service portal, which was sold to Banco Satandar. He was also a cofounder of Banco Lemon that serves the unbanked population in Brazil; Wanako Games and Fundación Síntesis, a non-profit foundation based in Chile.
Casares is a member of the Young Presidents’ Organization and an elected member of the World Economic Forum’s “Global Leaders of Tomorrow” Class of 2001. Casares studied business administration at the Universidad de San Andrés in Buenos Aires, Argentina and completed the Owner/President Management program at Harvard University.
Eric Duprat - General Manager Mobile, Paypal
Eric Duprat is a global executive who specializes in the strategic development of mobile payment systems. In his current position as General Manager of Mobile at PayPal, he has worked with such industry leaders as RIM, Apple, Sprint Nextel and Chase to develop and launch mobile payments systems.
During the past two decades, he has established a reputation as a results-oriented marketing and business development executive with a track record of directing global organizations to exceed corporate market penetration objectives by means of innovative strategies and gaining high customer satisfaction for Fortune 500 companies and customers in wireless, security and payment systems.
A raconteur with a gift for explaining how complex technologies drive changes in consumer products and behaviors, Mr. Duprat is a graduate of Columbia Business School and INSEAD (Institut supérieur d’Electronique de Paris).
Dev Khare - Vice President, Venrock
Dev Khare is Vice President at Venrock, a premier venture capital firm with offices in Palo Alto, New York, Cambridge, MA, and Israel. Dev sits on the board at Aha Mobile and SlideShare and is actively involved with Asoka, FutureDial, INRIX and Lavante. Dev previously co-founded Covigo, a mobile software company, which was acquired by Symbol Technologies (now part of Motorola). Venrock has a history of investments in payments- and billing-related ventures, including Qpass (mobile premium SMS payments), AthenaHealth (billing management), Aria (on-demand billing platform), IPCommerce (payment integration) and Semtek (credit card payments security). Dev blogs at http://www.NextWala.com and is on Twitter @dkhare.
Margaret Mackenzie - SVP Operations and Chief Financial Officer, Boku
Margaret brings over 20 years of venture andcorporate finance and operational management to the BOKU team. Mostrecently, Margaret co-founded Paymo and as CFO/COO, she was responsiblefor financial management of the company’s growth as well as for globaloperations. Prior to co-founding Paymo, Margaret was the CFO for mBlox,Inc, where she helped build the company into a leading mobiletransaction network. Before her success in international mobilepayments companies, Margaret was a Managing Director of SVB Securities,where she raised debt and equity capital, provided acquisition anddivestiture advice, and underwrote structured financings forventure-backed clients. She began her career at Itel Corporation, a SanFrancisco-based equipment leasing company.
Tyler Sloat - CFO, Obopay
As Chief Financial Officer for Obopay, Tyler is responsible for all of the company’s finance and accounting matters. His professional career spans various executive and leadership roles in finance and operations for several software and hardware technology companies varying in size from start-up to Fortune 500.
Most recently, Tyler was the Controller of the Emerging Products Group at Network Appliance, Inc, a position he was promoted into after the successful acquisition of Decru by Network Appliance in 2005. Earlier in his career, Tyler was the head of finance for the OnDemand business unit of Siebel Systems and prior to that was the Controller for POET Software Corporation, for which he played an integral role in their IPO.
Tyler is a registered C.P.A. in the State of California, has an M.B.A. from the Stanford Graduate School of Business and has a B.A. from Boston College.