Mobile Money Conference

Launching the Next Payments Platform
11 October 2013 :: UC Berkeley

Sponsored by:
   Center for Research in Telecommunications Policy
   Institute for Business Innovation

Click here to see a description of the conference.
Click here to see conference speakers.


Conference Program

The event was held in the Wells Fargo Room
at the Haas School of Business, UC-Berkeley.

8:45-9:00     Welcome & Overview

Glenn Woroch (Executive Director, CRTP, UC Berkeley)

9:00-9:45     Keynote Address

David Evans (Global Economics Group): “Igniting Mobile Payments Platforms”

9:45-11:00  Mobile Payment Use by U.S. Consumers and Merchants

Moderator: Sujit Bob Chakravorti (The Clearing House)

Marc Rysman (Boston University):
“Mobile Payments in the United States at Retail Point of Sale: Current Market and Future Prospects”

Max Schmeiser (Federal Reserve Bank):
“Results from the 2012 FRB Survey of Consumers’ Use of Mobile Financial Services”

Terri Bradford and Fumiko Hayashi (Kansas City Federal Reserve Bank)
“Mobile Payments: Merchants’ Perspective”

Len Waverman (McMaster University):
“Mobile Money: What Does the Enterprise Want?”

11:15-12:15  Some Lessons from the Developed and Developing World

Moderator: Tarek Ghani (Haas School of Business)

Nick Economides (NYU) and Przemek Jeziorski (Haas School of Business):
“Mobile Money in Tanzania”

Jake Kendall (Gates Foundation):
“Payment Habits and Mobile Adoption in South Asia”

Kenji Kushida (Stanford University):
“The Mobile Payment Industry in Japan: Leading Without Followers Again?”

1:30-3:00     Dispatches from the Front: Industry Leaders Roundtable

Moderator: Glenn Woroch (Berkeley)

Dickson Chu, Principal, DCAnalytics
Charise Flynn, COO, Dwolla Inc.
Bill Gajda, Head of Global Mobile Products, Visa, Inc.
Richard Kang, CEO, Wipit, Inc.

3:30-4:15     Endnotes: Reflections on the Day

Moderator: John Mayo (Georgetown University)

Thomas Brown, Partner, Paul Hastings LLP
Andrei Hagiu, Harvard Business School
Joanna Stavins, Federal Reserve Bank of Boston


[back to top]

Conference Description

“Mobile Money” will bring together academic and government researchers who are investigating the forces driving mobile payments in the U.S. and abroad with business leaders and entrepreneurs from the payments, financial and mobile services industries who have first-hand experience building and managing payment platforms. The goals of the meeting are to gain an understanding of reasons underlying the history of mobile payments in the U.S. and to identify promising strategies leading to success in the near future.

A central issue will be the merits of strategies that promise to spark the growth needed for this technology to take off, as well as the obstacles that stand in the way of success. It will examine recent survey and market data on consumer and merchant behavior as they consider mobile payments alongside traditional options of cash, check and credit. It will also ask whether U.S. can draw lessons from the successes and failures in other advanced economies as well as the experiences from developing countries. In particular, what business strategies for payments industry participants are likely to lead to market success?

One product of this meeting is to identify a short list of key factors that explain the development of mobile payments in the U.S. up to the present. A second product would be a set of economic conditions that are necessary to clear a path to successful mobile payments industry in the future. Finally, we hope to develop questions for future research projects and identify data sources that could provide answers.

The program will include research sessions, industry panels and keynote addresses with emphasis on discussion and networking. Attendance is open to all provided space is available, though there will be no press coverage of the proceedings. A follow-up meeting to take place at Georgetown University’s McDonough School of Business is being planned. A date has not been set but that meeting will focus on legal and public policy issues that arise in mobile payments industry.

Conference Speakers