DOCSLIB.ORG

GTRH2013 Presented on 3.14.2013

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
GTRH2013 Presented on 3.14.2013 Presented on 3.14.2013 at: #GTRH2013 Presenters Steve Mott, Andrew Lorentz, Principal Partner 2 #GTRH2013 1st Quarter STEVE MOTT 3 #GTRH2013 Kickoff Commentary The Mobile Restaurant Sector Transformation—it IS appears to be the The Mobile Marketing happening; to ignore it epicenter for young opportunity—why is to become road-kill adult adoption and EVERYONE is chasing (but there IS time to ground-zero for the it—and YOU can, too! master it before the transformation consumer shows up…) 4 #GTRH2013 Where to Begin? ‘Downfield’ opportunities So first are much more ‘formations’ interesting: employed • empowering the mobile wallets; customer to define The ‘Legacy transacting but this experience Payments League’ approach looks favored a low- • reducing likely to be transaction risk innovation ‘three-and-out’ • re-inventing buyer- ‘ground-game’ seller relationships The first ‘play’ called NFC (near- with mobile is mobile field marketing payments—a communications) typical ‘run-up- the-middle’ 5 #GTRH2013 A Growing Array of Technology Choices 6 #GTRH2013 First-Generation Mobile Wallets—Divergent Paths, But Can Anyone Score? Wallet Provider Target Channel Deployment Strategy POS Orientation Began focused on POS, now back Hedging bets on SE/NFC; OTP Was seeding market with NFC to online; more than two dozen online (liabilities?); cards and terminals; 2.0 virtual MC national merchants testing phones for POS leveraging prepaid option will use existing TXVia acquisition; data = big rails with CNP rate prize Extending to POS; online going Cards and phones for POS, Cards and numbers now, 18092 very well; nearly two dozen with two-way offers coming; soon in handset, other modes national merchants acceptance via Discover coming Focused on POS, considering NFC 14443 for POS; 18092 on Straight NFC for terminals, with online; nearing a dozen national the way offer push merchants Focus was on digital/online, but OTP online, NFC 14443 for Using EMV to lead market to now pushing POS; a dozen online POS, but considering 2D proprietary PayWave? Offering merchants and handful of POS barcode, others full encryption if Issuers, merchants testing Merchant want it Leveraged contactless lead at OTP online (maybe PayPass is global standard, POS, now moving online; several liabilities?); NFC at POS for pitching open platform that key merchants now but exploring options can work anywhere with white-label wallet Current focus on POS with more Believed to be offering a QR codes with OTP resolve in than two dozen merchant owners combined credit/debit facility cloud; big emphasis on on private rails data/privacy protection 7 #GTRH2013 Other Entrants to Wallet Market . Apple’s Passbook for storing all kinds of passes . Facebook’s two-step mobile checkout for digital content . Sprint’s Touch wallet . Amex’s Serve platform (repurposed as a wallet) . Burger King wallet (with Firethorn) . Lemon’s wallet management system 8 #GTRH2013 NFC: Not the ‘National Football Conference’ in terms of Adoption Tags: Interesting for specific marketing campaigns, but durability and general-use questions persist MicroSD: Offers are easier to do from the cloud, don’t require an SE, and what happened to all the pilots? “Regular” NFC: Jury still out • Isis offers approach will be closely watched • Google?!? • 18092 might bail NFC out of implementation woes • Brands hedging on their monolithic support The good news? It’s still early… 9 #GTRH2013 Original Business Case for 2-way NFC Customer Relevant recognition coupons: 1-to-1 (supplying data All this data can targeting, real- Location-based and receiving Shopping items be used (with time, refreshing, services (e.g., offers and can be sufficient etc. can reduce queries on Products can be Loyalty updating automatically consumer opt- billions of waste nearest brand pitched inside programs can be rewards scanned/read in) to better from $400 store or the store, while integrated and programs) upon while shopping, address offers, billion annual restaurant, shopping— instantly entering stores; facilitating self- promotions, spend on paper where including updated for data can be checkout financial and broadcast promotional competitive real-time harvested for (where payment services media (where offers can be offers redemptions banking options can be needed, only 8% of returned with products and pitched) targeting of ads, consumers info) joint etc. collect and just bank/merchant 1% redeem) promotions 10 #GTRH2013 Starbucks Solution: It’s QR codes; Apple (?) Sources Mobile World Live; RetailCustomerExperience.com 11 #GTRH2013 The Cloud: Ready for Prime-Time? Netflix Hit by Outage, Blames Amazon By Greg Bensinger, All Things Digital December 25, 2012 Netflix Inc. said Tuesday it restored streaming video services a day after an outage triggered by technical problems at Web service provider Amazon.com Inc. stretched across the Americas. The service was running for all customers by Tuesday morning, Netflix said, after its and Amazon's engineers worked through the night to repair it. Netflix, of Los Gatos, Calif., said the outage started about 3:30 p.m. Eastern Time on Monday. It prevented video streaming on a number of devices, such as Roku Inc. players. "We are investigating the cause and will do what we can to prevent reoccurrence," a Netflix spokesman said. Other websites, such as software company Heroku Inc. and social media app Scope, also reported via Twitter service problems of their own that were traced to Amazon operations. Scope Chief Executive Amit Kumar said his engineers devised a way to bypass AWS and restore service. Heroku couldn't immediately be reached for comment. 12 #GTRH2013 Apps Empower Consumer Experience Bigger, sophisticated merchants already defending and driving business with mobile apps Early user adoption motivates embedding of payments and routing in apps and cultivation of merchant-specific offers and loyalty Users are oriented to apps, not wallets; too many incompatible wallets and erratic merchant adoption will confound them Apps will grow in depth and breadth—and independence A handful of generic wallets might persist; handsets likely to become containers for payment/marketing utilities The big battle (and big payoff) is how to monetize the personalized, targeted data, and who gets to do it (and profit from it) It’s still VERY early in the game… 13 #GTRH2013 What Real-time Mobile Brings to the Party Customers Line-busting and POS integration develop intimate choice of ordering Incentives and supports digital scenarios speeds rewards can be immediate relationships with access (and narrowcast and gratification restaurants and defers personalized (without waiting) bars abandonment) Capacity and Digital Payment is in utilization can be interactions can control of managed with provide customer—not incentives and entertainment the server alternatives while waiting 14 #GTRH2013 Collaboration on Data and Risk Management Key to Getting to Mobile Largesse •Information on buyer at given merchant •Account history with merchant payment type •Buyer history with other bank payment types •Risk management history •Transaction session •Full information on information buyer •Full account history across multiple merchants Mobile device/network data •Risk management Mobile usage and session history information Mobile marketing experiences 15 #GTRH2013 Near-term ROI: Make payments transparent and optimize marketing costs Estimated Annual Costs to Merchants for Payments and Marketing ($B) $700 $600 Payments Acquiring Revenue $500 Issuing Revenue Potential Reduction/ $400 Reallocation Commerce of costs: Platforms $100-$200 B Data/Loyalty $300 Advertising Marketing $200 Marketing/Promos $100 $0 Total Purchase Revenue Source: Amex 16 #GTRH2013 Consumer Opt-in for Sharing SKU Data a Must LOCATION/AFFILIATION MARKETING REFERRAL MARKETING Handset provision of consumer data Product references and referrals via for promotions based on social media (with bounties and referral geodata/LBS; wallet composition— commissions); brand and experience payment and loyalty; affinity testimonials re-selling Real-time product promotions Location-aware interactions 3rd party, 1-to-1 placement Dynamic pricing COUPON AND DISCOUNT OFFERS PARTNERSHIP MARKETING Product and service coupons and Response to mobile marketing and discount offers (e.g., pre-, during, advertising among product partners; post-shop) competitive product selected channel placements and promotions; promotions 17 #GTRH2013 2nd Quarter ANDREW LORENTZ 18 #GTRH2013 Game Plan See mobile Practical tips when payments in the Explore main legal considering a retail payment risks mobile commerce context offering 19 #GTRH2013 The Four Corner Payment System Payer (Consumer) Payee (Merchant) Financial Institution Financial Institution Legend: Blues lines represent the flow of information and Red lines represent the flow of funds. 20 #GTRH2013 The Four Corner Payment System - Annotated Payer (Consumer) Payee (Merchant) (NEARLY) UNREGULATED HEAVILY LIGHTLY REGULATED REGULATED REGULATED Financial InstitutionAND FOR Financial Institution BANKS- ONLY* Legend: Blues lines represent the flow of information and Red lines represent the flow of funds. *With apologies to PayPal and American Express 21 #GTRH2013 “Heavily Regulated” FDIC Deposit Insurance Bank Secrecy Act Anti-Money Laundering Compliance Data breach/security State Privacy and Security Statutes OFAC Truth in Savings Act Truth in Lending Act / Reg Z TruthNo in Billingspecific “mobile payments”Electronic regulatory Fund Transfer paradigm Act / Regulation
Load more

Recommended publications
  • View December 2013 Report
    MOBILE SMART FUNDAMENTALS MMA MEMBERS EDITION DECEMBER 2013 messaging . advertising . apps . mcommerce www.mmaglobal.com NEW YORK • LONDON • SINGAPORE • SÃO PAULO MOBILE MARKETING ASSOCIATION DECEMBER 2013 REPORT A Year of Transformation The new-year invariably kicks off with a slew of predictions, many of which are being usefully defined and shared by our global and regional board members, and many of which are likely to come to fruition or certainly build in momentum. The one area that we feel is certain to gain momentum and have a huge impact on how the mobile industry develops in 2014 is the number of brands that we will see moving from the sidelines and fully into the game. The impact of this will be seen both in the gains in mobile spend as brands move away from the 1% average that we’ve been seeing and start moving towards 10-15% mobile spend with increased ROIs as a result. We will also start to see how mobile is driving both innovation in marketing and transformation of business. As always, the MMA will be providing support and guidance for the entire industry, shining a light on inspiration, capability development, measurement and advocacy allowing all constituents to continue building their businesses, with mobile at its core. We look forward to supporting you and the industry. I wish you much success in 2014. Onwards, Greg Stuart INTRODUCTION 2 MOBILE MARKETING ASSOCIATION DECEMBER 2013 REPORT Table of Contents EXECUTIVE MOVES 4 PUBLIC COMPANY ANALYSIS 7 M&A TRANSACTIONS 9 FINANCING TRANSACTIONS 13 MMA OVERVIEW 25 HIDDEN RIVER OVERVIEW 26 Greg Stuart Todd Parker CEO, Mobile Marketing Association Managing Director, Hidden River [email protected] [email protected] MOBILE MARKETING ASSOCIATION DECEMBER 2013 REPORT Executives on the Move Name New Company Old Company New Company Summary Date T-Mobile is a mobile telephone operator headquartered in Gary King Chief Information Officer, T-Mobile Chief Information Officer, Chico's FAS 12/20/13 Bonn, Germany.
    [Show full text]
  • The Mobile Wallet Report, 13 December 2013
    13 December 2013 December 13 In the news this week: Wendy’s uses toll tags to speed AllSeen Alliance • Barclays Bank • Bluetooth SIG • CGI up drive-through sales • Chick-fil-A • Clinkle • Coda Payments • Coinbase Fast food chain Wendy’s is piloting an RFID solution provided by technology • Disney • Estimote • Hema integrator iDriveThru.com that enables customers at five locations in Staten • iDriveThru • ING Direct Island, New York to place orders, make payments and collect loyalty rewards at • JP Morgan Chase T • Lemon • LifeLock • MCX the drive-through using their existing E-ZPass toll tag. or • Microsoft • P97 Networks The system means that consumers don’t have to stop to make a payment. They P • Panasonic • PayPal e • Qualcomm • Seamless simply enter the drive-through and place their order using the intercom and r • SecureKey • Smarty Ring can then bypass the payment window and continue straight on to pick up T • Square • Tesco • The their meal. Payment is automatically deducted from either a credit or debit card Linux Foundation • TV account that has been previously registered and linked to their toll tag. lle App Agency • Ural Bank A for Reconstruction and The E-ZPass electronic tolling Development • Wendy’s system is used in 15 states in the North East of the US and there are around 25m obile W obile tags in circulation. These are m typically affixed to the car windscreen and contain a The The transmitter so that, when a consumer drives through a toll plaza, the tag is read and Editor Sarah clark payment is deducted from [email protected] the consumer’s bank account.
    [Show full text]
  • Mobile Smart Fundamentals Mma Members Edition January 2014
    MOBILE SMART FUNDAMENTALS MMA MEMBERS EDITION JANUARY 2014 messaging . advertising . apps . mcommerce www.mmaglobal.com NEW YORK • LONDON • SINGAPORE • SÃO PAULO MOBILE MARKETING ASSOCIATION JANUARY 2014 REPORT CMO as Chief Innovator As the MMA continues to help CMO’s build their team’s mobile marketing capabilities, we’ve been thinking about how this in turn contributes to a shift that has been happening in many quiet corners for some time. In 2013 however, CMO’s such as Walmart’s Stephen Quinn started to talk directly about the need for CMO’s to be the ones to make innovation happen within their own organizations. Given mobile’s power to transform marketing, the MMA will continue to make innovation a key focus of all our programs in 2014, not least of which, will be our Mobile CEO & CMO Summit, running July 13-15, 2014 at Hilton Head in South Carolina. Gathering the industries leaders each year at this event has become an essential part of our calendar. It not only serves as a unique opportunity for this busy group to be in the same place at the same time, but given the insights and experience of those in attendance, also allows us to truly focus the conversation on transformation. This, once again, will be front and center at this year’s meeting. It’s a unique opportunity to be in business today and be confronted with something that will and is already having, such a dramatic effect on the status quo. I look forward to supporting you, your business and all our members as we navigate these changes ahead.
    [Show full text]
  • An Empirical Study About the Awareness of Paperless E-Currency Transaction Like E-Wallet Using ICT in the Youth of India
    Journal of Management Engineering and Information Technology (JMEIT) 2394 - 8124 Volume -3, Issue- 3, Jun. 2016, ISSN: Website: www.jmeit.com | E-mail: [email protected]|[email protected] An Empirical Study about the Awareness of Paperless E-Currency Transaction like E-Wallet Using ICT in the Youth of India Pawan Kalyani Pawan Kalyani,, MRES [email protected] Abstract: When we talk about the transaction in earlier times when there was no currency system, people used to In Indian financial system 19 nationalized commercial banks, work on barter system, later on people started transaction SBI group of 06 banks including State Bank of India, 14 old in terms of currency notes /coins. In the modern digital age and 07 new private sector banks and 32 foreign banks are people are using money in many form to pay the bills like dealing banking business as on March, 2012. The through credit card, debit card, using Internet and Mobile mechanization and computerization of banking were started devices. In today’s era people are making transaction from 1985 by the first phased plan of bank automation in India. digitally over the internet. People are purchasing, making Now in India, 97 percent of public sector bank branches, cent transactions through mobile devices, ATM, Credit cards, percent private and foreign banks are computerized. These Bitcoin, E-wallet, third party like PayPal etc. they feel banks are offering lots of ICT based banking service to bank convenience, easy to use design for transaction and customers and using modern technology to internal business perceived usefulness of the system.
    [Show full text]
  • Summary of Findings Silo Summaries
    REPORT David Franklin, [email protected], 215.493.4104 PayPal Well Positioned Once Consumers Take to Mobile Payments in Stores Companies: AAPL, AMZN, AXP, DFS, DNKN, EBAY, EPA:ING, GOOG, GRPN, INTU, MA, PAY, SBUX, V March 1, 2013 Research Question: Will an increased retail presence and recent partnerships spur consumer utilization of and growth for PayPal’s offline and mobile payment strategies? Silo Summaries Summary of Findings 1) MERCHANTS All Fourteen merchants, PayPal (eBay Inc./EBAY) competitors These three merchants representing more than 4,390 stores and industry specialists said PayPal‟s partnerships with 23 either already accept or are in the process of integrating PayPal as an in-store payment option. Consumers‟ use of national retailers and Discover Financial Services (DFS) will PayPal or other mobile payment options is limited. However, expand the use of its mobile and offline options for in-store all three sources expect PayPal transactions to increase payments. during the next two years as in-store mobile payments become more mainstream. PayPal needs to address the lack Consumers‟ in-store use of alternative payment options is very of consumer awareness, the need for an NFC solution, and limited. Adoption will not become widespread for two to five its customer service. Competition is expected from Google years. Wallet and Apple. Lack of consumer awareness, the absence of rewards points or 2) PAYPAL COMPETITORS airline miles, minimal NFC capability, and a crowded and Six of these seven sources cited PayPal‟s partnerships with confusing market have slowed the adoption and use of PayPal retailers and Discover as advantages, but now it must and other mobile payment options.
    [Show full text]
  • Tight Credit Markets Lead to New ISO, MLS
    News August 13, 2012 • Issue 12:08:01 Industry Update .........................................14 Major retailers reject proposed interchange settlement ........................... 24 Tight credit markets LevelUp offers interchange-free mobile solution ...................................... 26 lead to new ISO, MLS Google Shopping to take on Amazon? ........ 28 Trade Association News .............................30 financing options Features he persistent weak economic conditions haven't been easy for busi- ness owners, especially those in the small to midsize range, includ- SellingPrepaid: ing many ISOs and merchant level salespeople (MLSs). Banks have Prepaid in brief ......................................32 T tightened credit standards, so even the strongest companies have Prepaid, mobile and money been forced to seek new funding alternatives. This article explores resources laundering .............................................33 available to ISOs and MLSs looking for capital to meet their own business needs. A prior article, "Financing options proliferate in payments sphere," The Understanding merchant needs Green Sheet, May 14, 2012, issue 12:05:01, focused on financing options ISOs and is critical ...............................................37 MLSs can offer their clients. GS Avisory Board: New times, new strategies: Several years into what is often called the Great Recession, financing and other cash-flow issues continue to plague small businesses throughout the nation, What are you doing? – Part 2 .................42 according
    [Show full text]
  • July 26Th, 2013 Edition #364 Categories TSG Resources Trending This Week
    July 26th, 2013 Edition #364 New to NewsFilter? Next Gen Dine Restaurant Point of Sale Now Available on the Apple iPad Trending This Week... This week, following their Q2 earnings release, Vantiv Want to Advertise announced it is acquiring Element Payment Systems - a in NF? payments technology company that manages more than $10 billion in annual transactions. Click here to learn more. In other news, five individuals were charged in connection with what many call the largest hacking and data breach case ever in the U.S. which affected at least 160 million Categories credit/debit card numbers and involved companies such as Featured Heartland Payment Systems, Global Payments, and many others. Mobile Payments Also, be sure to check out TSG's new report series below Regulation & Security centered around attrition, profitability, vertical attractiveness, and more. Economy Other highlights include: Payments Press Visa, MasterCard Look to Gain Bigger Foothold in Mobile Payments TSG Resources First Data Staying The Course With ISOs Debit Networks Offer EMV Compromise That Would TheStrawGroup.com Allow Visa, MasterCard apps NEW TSG Resource Center SMB Merchant Survey: POS Feature/Functionality This 49 page report highlights results from an online survey of PaymentsPulse.com small business owners and those responsible for small business payments. A total of nearly 300 surveys were gathered covering TSG Overview five segments: restaurants, retail sales, retail food/liquor, business/personal services. and auto/boat/mobile Transaction Advisory dealers/shops. Click here for a preview of this report. This enhanced preview contains a table of contents containing Acquisition Multiples & the outline for the full report, you will know everything you Attrition Summary are getting before you purchase.
    [Show full text]
  • Underfunding Threat Can the States Resolve the Looming Crisis in Their Teacher Retirement Systems?
    SUMMER 2013 The Pension Underfunding Threat Can the states resolve the looming crisis in their teacher retirement systems? Retirement Income Strategies How Do I Move My Money? com•mit•ment noun (kə-’mit-mənt) 1. The state or quality of being dedicated to a person, activity or cause; see also National Life Group Through our member company Life Insurance Company of the Southwest, we are the defi nition of commitment—fi rmly dedicated to keeping our promises to the 403(b) market, to our agents, to our hundreds of thousands of policy owners, to the retirement savings market and to the communities we serve. Over 160 Years of History Dedicated to 403(b)/457(b) Market Strong History of Financial Strength #1 Indexed Annuity1 Wards Top 50 Guaranteed2 Lifetime Income Retirement Planning 800-906-3310 www.NationalLifeGroup.com Life Insurance Company of the Southwest™ 1 According to Barron’s fi nancial magazine, June 20, 2011, based on our average annual 5 year return through 2010. 2 Based on the claims paying ability of the issuing company. National Life Group® is a trade name of National Life Insurance Company, Montpelier, VT, Life Insurance Company of the Southwest (LSW), Addison, TX and their affi liates. Each company of National Life Group is solely responsible for its own fi nancial condition and contractual obligations. LSW is not an authorized insurer in New York and does not conduct insurance business in New York. Form No. 11275(0313); LR12300(0313) 11275.indd 1 3/19/13 10:33 AM Summer 2013 COVER STORY 18 T HE PENSION UNDERFUNDING THREat What are states doing to resolve the looming crisis in their teacher retirement systems? STEVEN SULLIVAN Cover: Illustration by Robert Meganck FEATURES 24 AN OVERVIEW OF 30 HOW DO I MOVE MY RETIREMENT INCOME MONEY? StratEGIES Navigating the minefield Guaranteed income of contract exchanges, products do best plan-to-plan transfers and when used as part of a rollovers.
    [Show full text]
  • Quarterly Review of the Software & Internet Sector Q4 2013
    Quarterly Review of the Software & Internet Sector Q4 2013 Member: FINRA/SIPC About Navidar Navidar is an investment banking firm providing companies and investors in dynamic industries with strategic M&A advice, capital raising solutions, vital insights and breakthrough opportunities. ■ Big Firm Experience Combined with Senior Banker Attention ■ Global Relationships With Top Tier Investors and World-Leading Companies ■ Greater Creativity & Customized Solutions ■ Focused on the Middle Corridor of the United States Navidar’s Differentiation “Navidar’s global technology relationships, understanding of our business, cross-border deal experience and commitment to providing senior banker attention throughout the process were critical differentiators for us.” Gurvendra Suri, Founder and CEO of Optimal Solutions Integration “Navidar consistently provided sound, unbiased advice and we felt that they always put Techniks’ interests ahead of their own.” John Stagge, Co-President of Techniks “Navidar’s global reach, understanding of current technology trends and ability to navigate complex deal issues really sets them apart from the competition.” Eric Tobias, CEO of iGoDigital “Senior banker attention led to a creative deal structure which resulted in a better outcome for our shareholders.” Joel Haspel, Founder and CEO of Sentient Health “Navidar’s ability to quickly understand our business and its drivers, deal-savvy banking team and global reach set them apart.” Chris Welsh, General Manager of MWM Acoustics Note: Transactions above only represent
    [Show full text]
  • Future of Finance Fintech’S Brazil Moment
    May 12, 2017 Future of Finance Fintech’s Brazil Moment Equity Research Brazil’s overbranched banking system is ripe for disruption by new entrants The global trend travels to Brazil Carlos G. Macedo “Fintechs,” or companies that leverage technology to provide financial (212) 902-7211 [email protected] services, are starting to emerge in Brazil, bringing with them the potential to Goldman Sachs and Co. LLC disrupt the country’s branch-dependent market. In this report, we survey the ecosystem and size the opportunity for new entrants, while also exploring Marcelo Cintra the likely response and implications for incumbents. +55(11)3371-0833 [email protected] Goldman Sachs do Brasil CTVM S.A. Why is Brazil different from other markets? Steven Goncalves While fintech disruption has proven a common trend in many countries, we (212) 902-4175 [email protected] believe the Brazilian financial system is particularly susceptible. The banking Goldman Sachs and Co. LLC market is concentrated relative to global standards, and penetration, by most metrics, lags developed peers especially in lower income classes. Nelson Catala (801) 884-4957 [email protected] Prices for financial services and spreads for loans are also among the Goldman Sachs and Co. LLC highest in the world. We believe this unique market structure positions fintechs to have a larger impact in Brazil than in other developed markets. Why are fintechs becoming more relevant now? Several trends are converging that are likely to boost fintechs’ relevance. Recent mergers have concentrated the financial system further, increasing the appeal for new entrants.
    [Show full text]
  • Magister Advisors Blockchain & Bitcoin in 2016 a Survey of Global Leaders
    MAGISTER ADVISORS BLOCKCHAIN & BITCOIN IN 2016 A SURVEY OF GLOBAL LEADERS DECEMBER 2015 Private and Confidential BITCOIN & BLOCKCHAIN IN 2016 A SURVEY OF GLOBAL LEADERS Executive Summary Jeremy Millar - [email protected] . Partner at Magister Advisors (London, UK) . Bitcoin and Blockchain markets have fundamentally . Mentor at Barclays/TechStars FinTech Accelerator diverged over the past 12 months . Angel Investor: Origin, Ravelin, EngageSciences . Bitcoin governance (as a ‘standard’), compliance and . Previously regulation is maturing quickly. Lack of clear ‘Bitcoin Goldman Sachs—Advised on >$25B of transactions native’ use cases in developed markets giving way to Oracle—Senior roles building Oracle’s Java business from 1998–2005 consumer finance apps with ‘Bitcoin inside’ combined Etienne Brunet - [email protected] with a surge of developing economy applications . Analyst at Magister Advisors (London, UK) . We estimate over $1bn will be spent by large financial . MSc Stockholm School of Economics (SE) & Saint Gallen (CH) institutions on Blockchain over the next 24 months Companies Surveyed . $474m of venture funding covered Bitcoin Blockchain . Equivalent to 51% of global funding in Bitcoin/Blockchain . 33 companies ( 21 EU, 10 US and 2 from RoW) 12 Blockchain companies 21 Bitcoin companies including 6 Exchanges, 2 Miners, 4 Wallets, 5 Payments and 4 Others . Large Financial Institutions, Hedge Funds and Investment Banks were also part of the survey 2 ALMOST $1BN OF TOTAL INVESTMENT OVER THE PAST 36 MONTHS North
    [Show full text]
  • (Mark One) X ANNUAL REPORT PURSUANT to SECTION 13 OR 15(D) of the SECURITIES EXCHANGE ACT of 1934
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2013 or ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission file number: 000-54960 Nxt-ID, Inc. (Exact name of registrant as specified in its charter) Delaware 46-0678374 (State or other jurisdiction of incorporation or (I.R.S. Employer Identification No.) organization) One Reservoir Corporate Centre 4 Research Drive, Suite 402 Shelton, CT 06484 (Address of principal executive offices)(Zip Code) Registrant’s telephone number, including area code: (203) 242-3076 Securities registered pursuant to Section 12(b) of the Act: Title of each class: Name of each exchange on which registered: None None Securities registered pursuant to Section 12(g) of the Act: Common Stock, par value $0.0001 (Title of class) Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Act. Yes o No x Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes o No x Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter periods that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
    [Show full text]