Mobile Payments: Global Markets, Empowered Consumers and New Rules?

More than two-thirds of the world’s population has a mobile phone, creating opportunities for new payment platforms in both developed and developing nations. In the former, where the market for mobile telephony is mature, mobile payments are seen as a potential source of revenue by mobile operators, who are trying to diversify their services. In the latter, mobile payments could transition the unbanked into mainstream financial services, and could create new opportunities for commerce as mobile devices can make transactions more efficient and provide merchants and consumers with new access to information.This one-day conference explored the benefits of mobile payments in to consumers – both in developed and developing markets and the types of regulatory approaches that increase consumer adoption and provide incentives for businesses to compete in this emerging space.

Conference Speaker Biographies

Program Agenda

Welcome Remarks:
Professor Jane K. Winn, University of Washington Law School, Seattle

Video

What Will it Take to Make Mobile Payments Mainstream in North America?

Introduction

Panelists:
Professor Adam Levitin, Georgetown University Law Center, Washington, D.C.

Video

Professor Benjamin Geva, Osgoode Hall Law School York University, Toronto

Conference Chairs

Anita Ramasastry, D. Wayne & Anne Gittinger Professor of Law
Chris Jay Hoofnagle, Senior Fellow, Samuelson Law, Technology & Public Policy Clinic, UC Berkeley Law

Sponsor

This event was made possible by cy pres funds in litigation led by Reed R. Kathrein, Managing Partner of the Hagens Berman Sobol Shapiro LLP Berkeley office and the support of the Berkeley Law Consumer Advocacy and Protection Society.

Conference Summary

Elizabeth Eraker, Colin Hector & Chris Hoofnagle, Mobile Payments: The Challenge of Protecting Consumers and Innovation, 10 PVLR 212 (Feb. 7, 2011), Reproduced with permission from Privacy & Security Law Report, 10 PVLR 212, 02/07/2011. Copyright 2011 by The Bureau of National Affairs, Inc. (800-372-1033) http://www.bna.com

More Resources

Chris Jay Hoofnagle, Jennifer M. Urban, and Su Li, Mobile Payments:
Consumer Benefits & New Privacy Concerns (April 24, 2012), available at: http://ssrn.com/abstract=2045580.

Marion Bergeret & Babak Siavoshy, Apple’s Dispute Over iTunes Data Collection May Have Implications for the Future of Mobile Payments, BTLJ Bolt, Dec. 7, 2012, available at http://btlj.org/2012/12/07/apples-dispute-over-itunes-data-collection-may-have-implications-for-the-future-of-mobile-payments/.

PowerPoint – Video

Ms. Carol Coye Benson, Founding Partner, Glenbrook Partners, Menlo Park

PowerPoint – Video

Moderator: Thomas Brown, Partner, O’Melveny & Myers LLP, San Francisco

Questions & Answers

A User Centric Model for Mobile Payments

Introduction

Panelists:
Professor Jane K. Winn, University of Washington Law School, Seattle

PowerPoint – Video

Professor Mark Budnitz, Georgia State University College of Law, Atlanta

PowerPoint – Video

Ms. Gail Hillebrand, Financial Services Campaign Manager and a Senior Attorney, West Coast Office of Consumers Union, San Francisco

PowerPoint – Video

Moderator: Mr. Chris Hoofnagle, Director, Information Privacy Programs, University of California Berkeley School of Law, Berkeley

PowerPoint

Questions & Answers

Keynote Address
Mr. Ignacio Mas, Deputy Director, Financial Services for the Poor program, Bill and Melinda Gates Foundation, Seattle

PowerPoint – Video

Mobile Payments in Other Markets – Emerging Regulatory Frameworks

Introduction

Panelists:
Professor Bill Maurer, Director, Institute for Money, Technology and Financial Inclusion, University of California, Irvine

Paper: Nonbank E-Money Issuers: Regulatory Approaches to Protecting Customer Funds

Paper: Design Principle

Video

Ms. Maria Stephens, U.S. Agency for International Development, Washington, D.C.

Paper: Mobile Payments in Other Markets – Emerging Regulatory Firmworks

PowerPoint

Video

Mr. Andrew Bennett, International Trade Administration, U.S. Department of Commerce

PowerPoint – Video

Moderator: Professor Joel Ngugi, University of Washington Law School, Seattle

Questions & Answers

Emerging Regulatory Frameworks (continued)

Mr. Scott Morris, Senior Vice President and General Counsel, Trilogy International P Partners, LLC, Bellevue

PowerPoint – Video

Mr.Thaer Sabri, Electronic Money Association, Surbiton, UK

Paper: DIRECTIVE 2000/46/EC OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 18 September 2000
on the taking up, pursuit of and prudential supervision of the business of electronic money institutions

Paper: DIRECTIVE 2007/64/EC OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 13 November 2007 on payment services in the internal market amending Directives 97/7/EC, 2002/65/EC, 2005/60/EC and 2006/48/EC and repealing Directive 97/5/EC

Paper: DIRECTIVE 2009/110/EC OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 16 September 2009 on the taking up, pursuit and prudential supervision of the business of electronic money institutions amending Directives 2005/60/EC and 2006/48/EC and repealing Directive 2000/46/EC

PowerPoint – Video

Closing Remarks

Mr. Chris Hoofnagle, Director, Information Privacy Programs, University of California Berkeley School of Law, Berkeley
Professor Jane K. Winn, University of Washington Law School, Seattle