The Future of Money
summary
Panelists describe concrete products and metrics: TransferWise moves about $5 billion moved, $180 million saved by cutting hidden bank margins; a Kreditech-style service issues credit in minutes using self‑learning algorithms on social and mobile data to score unbanked customers; BitReserve prototypes holding multiple asset types; PayPal rolls out OneTouch web login; transfers hit 60% under an hour and remittance corridors show $30B sent with $3B in fees; Bitcoin market cap ~$3.2B with ~1,000 wallets holding 50%
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chapters (9)
- 0:00Start
- 0:42Credit Tech
- 1:07Anthony Watson
- 2:34Will We Ever Hit the Paperless Cash Register
- 6:17To Become Cashless What Hurdles Do You Have To Get Over for the Consumer
- 6:49Disrupting Financial Industry and Institutions
- 8:15Scope of Unbanked Customers
- 16:35The Impact on the Business Side of the Merchant
- 17:35What Is the Consumer Experience Going To Look like
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