“As consumers we purchase things all the time. Our businesses get paid by consumers and other businesses, and make payments to employees, vendors, and service providers. Yet most of us don’t think about the magical mechanics of moving money, despite the fact that how we pay and get paid is in the midst of dramatic transformation. This panel will examine the profound and prosaic changes happening in the world of payments, impacting us as consumers and finance professionals. Incumbent and challenger providers will share perspectives on the market forces enabling electronification, competitive dynamics, and what you can expect as real time payments mature in the U.S. We’ll wrap up with a discussion of FinTech investment trends and why payment providers are attracting so much attention.”

“Moving money has become big business. More customers using cards instead of cash has boosted Visa Inc. and Mastercard Inc.’s stock, but introduced new competitors. Silicon Valley’s steady march into lending and payments was on display this week at the Money 20/20 conference in Las Vegas, where more than 11,000 people gathered to discuss the future of payments.”

Fintech startups are an important part of Money 2020 and this year organisers have said they are putting startups at “the heart of the event”. However, it is equally evident as you walk in to the main foyer, the imposing presence of major international payment brands.