Presented at Chicago AMA's BrandSmart 2010, June 24 at the UIC Forum.
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1. Innovate or Die: Brand Innovation in the Payments Industry
Farhan Ahmad, General Manager of Prepaid and Director of Emerging
Payments, Discover Network
2. Innovate or Die
Innovation is not for the faint of heart and takes risk which
is outside of the traditional comforts.
Geoff Nicholson, 3M Post-It Note Inventor
3. What Do These Companies Have in Common?
Named Business Weeks Top 10 Most Innovative Companies for
2010
4. The Power of Business Innovation to Create Brands
5. Innovate or Die
Insanity is defined as doing the same thing over and over again
and expecting different results.
- Albert Einstein
6. Companies who are doing it differently.
7. Payments Evolution
8. New Payment Forms Impact Consumer Interactions New Forms of
Marketing New Types of Commerce New Demands of Payments New
Interactions Where do traditional Payments Brands fit?
9. The Perfect Storm for Payments is Brewing
10. In Payments, Innovation is Coming From Unexpected Sources
31% Alternative Payment Company Share of Internet Payments by 2012
$526 Billion Expected Prepaid Load in US by 2012
11. Consumer/ Buyer Merchant/ Seller Roles are Changing and
Competition is Increasing Payment Network Consumer Card Issuing
Bank Merchant Service Bank
12. New Payments Innovation Frontiers
13. The Rise of New Payments Brands DEAL WITH IT.
14. Mobile Phones are the Next Frontier Access Availability 2
Way Communication
15. Mobile Payments: Why Hasnt Innovation Hit the U.S.? ?
16. Mobile Payments: Why Hasnt Innovation Hit the U.S.?
Inconsistent set of standards Convenience and security issues
Payments Infrastructure Value Proposition
17. Mobile Payments: Changing the Way We Do Business
18. How Will Innovation Affect Payments Brands? What if every
consumer becomes a merchant?
19. Which Brands will Innovate? Online Payments Social Media
Online Games
20. Innovate or Die
Life is 10% what happens to you and 90% how you react to
it.
-Charles Swindoll, American Clergyman
21. Innovate or Die: Brand Innovation in the Payments Industry
Presented by: Farhan Ahmad, General Manager of Prepaid and Director
of Emerging Payments, Discover Network Thank You!
