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The video of this presentation is available at https://www.youtube.com/watch?v=b3nB6kZQeaQ As startups and innovation hubs push towards grand notions of technology innovation, connecting the world around them, and building towards a truly online commerce profile, there is a huge segment of the population that falters and is left behind. The underserved community represents over 1 out of every 5 people in the US, and as we explore cash heavy societies, and heavily underbanked populations worldwide, that number increases dramatically. These are markets that are massively underserved by technology and commerce, yet represent a potential hotbed of growth for any business. As we explore this large segment of the world population, we'll dive into how the banking and commerce industries are primed for disruption to build up the underserved communities around the planet into a new digital commerce world. From digital currency to the struggling banking industry, we'll explore how we're on the cusp of a commerce revolution, one that will completely disrupt the banking industry, and our notion of technology reach worldwide.
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Rebuilding Commerce Jonathan LeBlanc (@jcleblanc) Head of Global Developer Advocacy at PayPal + Braintree
A Little Story twitter: @jcleblanc | hashtag: #cpbr8
Entrepreneurial Growth vs Economic Growth Driven by Basic Needs Driven by Efficiency Driven by Innovation twitter: @jcleblanc | hashtag: #cpbr8
The Missing Market twitter: @jcleblanc | hashtag: #cpbr8
50% of adults on the planet do not have bank account twitter: @jcleblanc | hashtag: #cpbr8
Underserved? twitter: @jcleblanc | hashtag: #cpbr8
The Unbanked The Underbanked twitter: @jcleblanc | hashtag: #cpbr8
Global Underserved East Asia: 59% South Asia: 59% Latin America: 65% Central Asia / E Europe: 49% Arab States: 67% High Income: 8% Total Underserved: 53% twitter: @jcleblanc | hashtag: #cpbr8
Why are People Unbanked? Not Enough Money Geography Culture Past Behavior Language Barriers Trust twitter: @jcleblanc | hashtag: #cpbr8
Systems are Different Everywhere twitter: @jcleblanc | hashtag: #cpbr8
The Whole System is Broken twitter: @jcleblanc | hashtag: #cpbr8
Most Commerce Targets the Technology Privileged twitter: @jcleblanc | hashtag: #cpbr8
The Main Barrier twitter: @jcleblanc | hashtag: #cpbr8
Prepaid Cards twitter: @jcleblanc | hashtag: #cpbr8
Manipulation of the Underserved twitter: @jcleblanc | hashtag: #cpbr8
Move to a Cashless Society twitter: @jcleblanc | hashtag: #cpbr8
The Opportunity twitter: @jcleblanc | hashtag: #cpbr8
Cell Phones Everywhere twitter: @jcleblanc | hashtag: #cpbr8
More People Have Mobile Phones than Toilets twitter: @jcleblanc | hashtag: #cpbr8
Case Studies twitter: @jcleblanc | hashtag: #cpbr8
Qiwi https://qiwi.com/ twitter: @jcleblanc | hashtag: #cpbr8
Installments twitter: @jcleblanc | hashtag: #cpbr8
Person to Person twitter: @jcleblanc | hashtag: #cpbr8
Hackathon Products and Ideas twitter: @jcleblanc | hashtag: #cpbr8
Technology Leadership twitter: @jcleblanc | hashtag: #cpbr8
How We’re Changing for the Market twitter: @jcleblanc | hashtag: #cpbr8
Omni Commerce twitter: @jcleblanc | hashtag: #cpbr8
Bluetooth Smart twitter: @jcleblanc | hashtag: #cpbr8
Bitcoin twitter: @jcleblanc | hashtag: #cpbr8
The Market is Shifting The Market is Shifting twitter: @jcleblanc | hashtag: #cpbr8
Thank You! Jonathan LeBlanc (@jcleblanc) Head of Global Developer Advocacy at PayPal + Braintree