From Leather to Smartphone: The Wallet Evolves
As the smartphone evolves into a mobile commerce device, is the traditional wallet becoming an endangered species? What exactly is this elusive digital wallet and what can it do that a leather wallet can’t? Imagine a wallet that gives you real-time status of all your money and bills, before you make that next purchase. A wallet that holds offers personalized for you – no more clipping coupons or forgetting to redeem a deal. This session will look at the vision for – and reality of –digital wallets. Beyond waving your smartphone at the register, a digital wallet makes you smarter about your finances, gives you tailored offers and remote control over all your accounts.WSJ All Things Digital eMoney Columnist Tricia Duryee will moderate a panel bringing together the perspectives from three companies at the heart of the wallet of the future — Pageonce, Visa and PayPal. Get a 360-degree perspective on what tomorrow’s wallet will bring.
Devaraj has been actively working at the intersection of business, online media and mobile technology for more than fifteen years. Devaraj joined American Express from iThink Labs and Yureekah where he was Founder and President of an online media services, and advertising technology agency. Devaraj also founded 30Seven Design, an interactive design agency which was successfully sold in 2008. Prior to his digital agency life, Devaraj spent his career in management consulting, strategic planning, marketing and operations. He has held positions at Accenture and Deloitte Consulting, where he consulted for such companies as Avaya, AXA Financial, Bristol Myers Squibb, GE, JP Morgan, Morgan Stanley, PepsiCo, Pfizer, and Altria. Devaraj holds Bachelor of Science degrees in Organizational Psychology and Journalism from Ohio Wesleyan University, and studied Business, Entrepreneurship and Japanese at Kansai International University in Osaka, Japan. He currently serves as an LP to ENIAC, a mobile venture fund, an Investor to Textbuk.in, India’s first online textbook rental company, and Vice Chair to The Second Chance Foundation, a not-for-profit formed to alleviate poverty and promote food security in India. Devaraj has been quoted in numerous publications including the Washington Post, OMMA, Media Post, The Economic Times, and Times of India. Devaraj and his wife happily welcomed their first baby, Ahnika Mae, last October.
As vice president of retail and prepaid products, Don Kingsborough brings experience in consumer product development, technology, retail, point-of-sale, and merchant relationships. In his current role, Kingsborough oversees PayPal’s market expansion offline and into traditional retail stores.
Prior to PayPal, Kingsborough was president and CEO of Blackhawk Network, a leader in third-party prepaid card products that he founded in 2001. He also founded and served as CEO of toy manufacturer Worlds of Wonder, Inc., where he propelled this startup business to one of the nation’s fastest growing companies in just two years.
Before Worlds of Wonder, Kingsborough was president of the consumer products division at Atari Corporation. There, he played a key role in the development and introduction of new products, marketing strategies, and innovation efforts for Atari products. Kingsborough led the introduction of the sales phenomenon Nintendo to America through an exclusive four-year sales and marketing agreement, during which period sales for Nintendo rose from zero to more than $2 billion.
Kingsborough holds a BA in Business Administration from the University of California at Berkeley.
Pageonce helps people make sense out of their money by making it simple to track cash and pay bills from a mobile device. Pageonce is an Apple Best of 2011 app and an Android Editor's Choice. I lead product and business strategy at Pageonce. Prior to Pageonce, I was GM of Yahoo! Finance and Yahoo! Real Estate.