MIT Ent Forum - NFC Event: Mobile Wallet Wars and Warriors

When: Mon December 17, 2012 6:00 pm

Organization: MIT Enterprise Forum of Cambridge

Location: MIT EG&G Education Center, 34-101, 34-101 50 Vassar Street Cambridge, MA 02139

Speaker(s): Karen Webster, CEO Market Platform Dynamics and Editor in Chief, Pymnts.com; Prat Vemana, Director Velocity Lab and Mobile STAPLE; John Squire, CMO, CorFire; Toni Stinton, Director Strategic accounts, PayPal;Mung Ki Woo, Head of Mobile, MasterCard

Website: http://www.mitforumcambridge.org/events/nfc-event-mobile-wallet-wars-and-warriors/

Mobile Commerce has reached a tipping point as smartphone adoption in the US around the world is escalating and the options for consumers and merchants to use these dynamic computing devices to enhance the commerce experience are proliferating. Now, the battle lines are being around the technologies that will drive the experience for merchants and consumers  - NC, barcodes, cloud-based options – and the virtual form factor that will facilitate the transaction that these technologies enable – the wallet.
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Just about everyone in this space has or plans to release a mobile wallet for one big reason  – control of the consumer. But how many wallets can a consumer have or will they want? How many wallets can or will a merchant want to support? And what do both of these big stakeholders do while this is all being sorted? And what is the role of other key stakeholders like mobile operators, bank issuers and payments networks?

Our panel consists of the most important mobile wallet warriors who are on the front lines of this very exciting commerce battleground where the winner could really “take all.”  They’ll speak openly about what they are doing, how merchants and consumers are responding, and where they see all of this ending up.

Mung Ki Woo, Head of Mobile, MasterCard

Toni Stinton, Director Strategic accounts, PayPal

John Squire, CMO, CorFire

Prat Vemana, Director Velocity Lab and Mobile STAPLE

Moderator

Karen Webster, CEO Market Platform Dynamics and Editor in Chief, Pymnts.com