Listening to this was truly fascinating, and it makes me wonder where the payments space will be in 10 years. As a recent graduate, I find these podcasts incredibly insightful. They not only inspire me but also provide a clearer understanding of the challenges, solutions, and future directions within the financial sector. These discussions motivate me to pursue a career in the industry, even though finding opportunities in the UK right now feels tough. Still, all you can do is keep striving to make your dreams a reality.
Would have liked him to actaully answer why Apple or Fintech startups might develop alternatives / decide to go on their own vs. partner with Mastercard.
Thanks for a great chat with the Michael. I thoroughly enjoyed the session on AI and how the different parts of the world differ in the payment systems and methods. You always ask the right questions which opens the space more in to a deep understand of the CEO's.
Fantastic interview, but CEO's understanding of fast moving fintech and defi is worrying. I would hope mastercard be pioneers in this. Its clear P2P payments not will be handleded by traditional transaction systems. Mastercard need to invest in defi to stay competetive. You want to protect yourself against them, instead you should allign yourself. Great interview Michael
I wouldn't want Nicolai interviewing me - tough! There was a bit too much corporate rhetoric from Michael. I'm not sure Michael believed some of his answers. Some of this comes down to a symptom of working within a big corporate and working within an echo chamber environment. Reminds me of other large corporates such as L'Oréal. I watched the Ikea CEO interview before this and was impressed. As a listener I'd appreciate more candour and directness like Nicolai himself. I'd appreciate more if the CEO said if any start-up got too big we'd either kill their product or buy them out. Maybe this is symptom of being an employee, protecting a job rather than entrepreneur or multi-millionaire where you don't care on back lash. Anyhow Nicolai this is one of my favourite channels.
Has anyone told him how dystopian he sounds? No I don't want the government to be able to track where I am and how much I spent on a sandwich. I want a card I can give to my parents or friends at anytime and its nobody's business what they do with it.
I was expecting deeper insight into crypto and where it will end up. I wa surprised with his comment 'my son bought half a blockchain'. Not only is that incorrect (you don't buy blockchain, you buy bitcoin) but also shows a dismissal of something which is now part of BlackRock's model portfolio.
Why would any 1 need Mastercard in 10 years? Beats me. There r much easier ways to pay, like using your phone (Africa model). These are dinosaurs! Plus Miebach seems uncertain on crypto and tech. Banks love it because of late payment fees.
Lots of predictions about where things are going way too quickly. He talks about how checks still get heavily used and 2 minutes later, he’s basically saying everyone will be paying via facial recognition at the pizza shop. I think not.
@sunenrodriguez3916very easy, Mastercard can partner with crypto wallet/exchange app to make payment accepted at all merchants that accept Mastercard. It’s happening now
Who would like to buy “half a blockchain” with a MasterCard? Interesting perspective from a payments company not understanding the full potential of blockchain. The only advantage of this company is the ignorance of the many who don’t seek alternatives.
How many alternatives will you use in everyday life? 20, 30, 40? How do you organize them? How do you keep track of them? Usually, 1 or 2 payment methods are sufficient.
They dont know what to do with Bitcoin. He is talking about "the underlying technology, the blockchain". This is the CEO of Mastercard?? Seriously?? This is not good.
I cannot believe how lucky we are to be able to listen to this podcast freely, thank you Norges.
Listening to this was truly fascinating, and it makes me wonder where the payments space will be in 10 years.
As a recent graduate, I find these podcasts incredibly insightful. They not only inspire me but also provide a clearer understanding of the challenges, solutions, and future directions within the financial sector.
These discussions motivate me to pursue a career in the industry, even though finding opportunities in the UK right now feels tough. Still, all you can do is keep striving to make your dreams a reality.
Would have liked him to actaully answer why Apple or Fintech startups might develop alternatives / decide to go on their own vs. partner with Mastercard.
He did
These interviews are all excellent. I hope you keep producing them. Thank you!
Thanks for a great chat with the Michael. I thoroughly enjoyed the session on AI and how the different parts of the world differ in the payment systems and methods. You always ask the right questions which opens the space more in to a deep understand of the CEO's.
Waited a while for the new podcast ❤ , keep going on 💪🏻
Thank you. Good conversation.
Fantastic interview, but CEO's understanding of fast moving fintech and defi is worrying. I would hope mastercard be pioneers in this. Its clear P2P payments not will be handleded by traditional transaction systems. Mastercard need to invest in defi to stay competetive.
You want to protect yourself against them, instead you should allign yourself.
Great interview Michael
Future of digital payment so exciting.
39:06
I wouldn't want Nicolai interviewing me - tough!
There was a bit too much corporate rhetoric from Michael. I'm not sure Michael believed some of his answers. Some of this comes down to a symptom of working within a big corporate and working within an echo chamber environment. Reminds me of other large corporates such as L'Oréal.
I watched the Ikea CEO interview before this and was impressed.
As a listener I'd appreciate more candour and directness like Nicolai himself. I'd appreciate more if the CEO said if any start-up got too big we'd either kill their product or buy them out. Maybe this is symptom of being an employee, protecting a job rather than entrepreneur or multi-millionaire where you don't care on back lash.
Anyhow Nicolai this is one of my favourite channels.
Charlie Scharf form Weels Fargo... It would be an amazing conversation!
Awesome stuff
Has anyone told him how dystopian he sounds?
No I don't want the government to be able to track where I am and how much I spent on a sandwich.
I want a card I can give to my parents or friends at anytime and its nobody's business what they do with it.
Absolutely right, I to was thinking the same
The Audio quality is Quite disturbing...
“What is mastercards role in this world without cards”... We might need a rebrand!
2025
I was expecting deeper insight into crypto and where it will end up. I wa surprised with his comment 'my son bought half a blockchain'. Not only is that incorrect (you don't buy blockchain, you buy bitcoin) but also shows a dismissal of something which is now part of BlackRock's model portfolio.
A German running a fintech.. the least fintech country in the EU, you need cash everywhere 😂
BNPL is a cancer from the user's perspective. Is a Credit but a different perspective.
Why would any 1 need Mastercard in 10 years? Beats me. There r much easier ways to pay, like using your phone (Africa model). These are dinosaurs! Plus Miebach seems uncertain on crypto and tech. Banks love it because of late payment fees.
👒👔
Facial recognition payment in front of a camera was already popular in China for many years. It’s not a new thing that will pop up in 10 years 😂😂
Michael Miebach, the man who believes he has the right to decide what people can buy, actual laws be damned.
Lots of predictions about where things are going way too quickly. He talks about how checks still get heavily used and 2 minutes later, he’s basically saying everyone will be paying via facial recognition at the pizza shop. I think not.
10 years ago EM were cash-based. Now they leapfrogged us and are more digital than we are in Europe.
It's already happening in China.
Mastercard & Visa are destined to die. I said.
Any reason why this CEO would not talk about Bitcoin or any crypto coin as payment alternative. Or maybe Mastercard is not focused on cryptocurrency
In your opinion how can mastercard support bitcoin? I’m interested in understanding this.
@sunenrodriguez3916very easy, Mastercard can partner with crypto wallet/exchange app to make payment accepted at all merchants that accept Mastercard. It’s happening now
Who would like to buy “half a blockchain” with a MasterCard? Interesting perspective from a payments company not understanding the full potential of blockchain. The only advantage of this company is the ignorance of the many who don’t seek alternatives.
How many alternatives will you use in everyday life? 20, 30, 40? How do you organize them? How do you keep track of them? Usually, 1 or 2 payment methods are sufficient.
They dont know what to do with Bitcoin. He is talking about "the underlying technology, the blockchain". This is the CEO of Mastercard?? Seriously?? This is not good.
What do you mean? Pls explain
You should be the CEO right 😂🤡
don't start the podcast by reading from a paper , just have some confident and talk like normal human being