May 30, 2017
Allison Beer is the Managing Director, Global Head of Digital Payment Strategy & Partnerships at JPMorgan Chase & Co. Allison has seen the latest FinTech wave from the early days when she was at American Express, working on what we know now as mobile payments. This has given Allison a front row seat to collaborative, partnership-driven innovation in financial services. We were very honored to speak with Allison to get her thoughts on mobile payments over the years and her view today at JPMorgan Chase. We hope you enjoy the conversation.
Please note, this interview has been edited for clarity and brevity.
Patrick Rivenbark: Allison, thanks again for taking the time to speak with LTP. I want to start with a little history. Before your payments work at Chase, you were part of pioneering work in mobile wallets and payments at American Express. How do you remember that time?
Allison Beer: Sure. This is way before Apple Pay, Samsung Pay, or Android Pay. I first became heavily involved with mobile wallets and digital wallets several years ago when the carriers stepped in and worked to create a joint venture to establish an interoperable wallet for mobile payments. I had a lot of interaction with the stakeholders in the industry as we worked to set up the infrastructure for what would become the mobile payments industry today.
PR: Can you expand on who exactly you were working with and why you were doing it? A lot of this work is taken for granted now. What were you thinking about, what ...