Dwolla was invited to participate in a conversation involving leaders, innovators and disruptors from the payment industry last month in Las Vegas.
Money 20/20 is a four-day conference focused on revolutionizing the payment industry and the financial system as a whole. Thousands of the most brilliant minds in the industry met to share ideas, launch new projects and understand where the industry is headed.
Dwolla’s CEO Ben Milne participated in a 30-minute discussion on how the internet changes the way individuals and businesses transact, and overcoming a lack of proper identifying documentation to boost the global economy. The session was called “Digital Identity & Payments Collide!” and featured globaliD CEO Greg Kidd and Brendan Miller, Principal Analyst from Forrester, serving as the moderator.
“For a lot of people it just works, if you want to get a bank account, you get a bank account,” Milne said during the discussion. “But from another perspective, now that we know we can make it more efficient and reduce a lot of costs, the question is how do we do that? Historically we’ve looked to banks to solve that for us, now we’re recognizing third-party providers are likely the ones going to solve it.”
Money 20/20 is a ‘Must-Attend’
Along with Milne, Dwolla’s Vice President of Marketing Stephanie Atkin attended Money 20/20 and called it a “must-attend conference” for anyone in the payments industry.
“Hearing from innovators—like Greg Kidd at globaliD—about building an identity layer for the internet, that’s a game changer for sure,” Atkin says.
Atkin said being able to meet and connect with current customers to hear their feedback directly gave her “all the feels.”
“Hearing about their excitement and how their product is, that’s amazing,” Atkin says. “The passion they bring is inspiring and knowing we (Dwolla) are a key part of their success is rewarding.”
View an interview with Atkin at Money 20/20 by FinTech Insiders here.
Passionate About Payments
Money 20/20 is four days filled with networking opportunities and chances to hear speakers from Google, Paypal, Amazon and Coinbase.
Genny Couch, a Sales Manager at Dwolla, said being surrounded by people who are also passionate about the payments industry was enthralling.
“I love speaking with current and prospective customers about how Dwolla is approaching the market and how we can support their platforms as they grow and scale,” Couch says.
Lenmo is a mobile app for peer to peer lending where users can lend or borrow money directly from peers using its simplified and intuitive interface. (From left) Albert Mansour and Mark Maurice of Lenmo, with Genny Couch and Steph Atkin of Dwolla at the Money 2020 in Las Vegas.
Inspired by Innovation
Adam Steenhard worked in the insurance industry before he became Dwolla’s Director of Professional Services and he said his insurance experience made him naive to how many different competencies are required to accept payments. But Money 2020 served as a reminder, with companies in attendance running the gamut of payments from banks and credit unions, to card providers, identity verifiers and data aggregators.
“With more than 2,000 companies in attendance, I was inspired by the amount of innovation, collaboration and genuine passion towards making payments a better experience,” Steenhard said. “My personal conviction was taken to the next level.”
Money 2020 is committed to the changing the way payments are made. Dwolla is at the forefront of that cause. Being surrounded by and participating with thousands of other like-minded payment revolutionaries puts our vision of creating the ideal platform to move money into stark focus. 20/20 vision, in fact.
Top photo courtesy of Money 2020.