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Industry Focus

CG: Money 20/20

Industry Focus

The Motley Fool

Interview, Money, Consumergoods, Business, Businessnews, Ceo, Technology, Investing, Stocks, Energy, Fool, Financial, Economy, Healthcare, News, Banking, Motley, Tech, Business News, Investments

4.6854 Ratings

🗓️ 5 November 2019

⏱️ 21 minutes

🧾️ Download transcript

Summary

IF Regular Dan Kline spent some time at Money 20/20 – a conference focused on the payments and fintech space. We recap his big takeaways on how BaaS (banking as a servce) plays into the retail strategy for companies like Wal-Mart, T-Mobile, and Apple, and get some industry details from some of the insiders he spoke with.

Stocks: GDOT, AAPL, WMT, TMUS

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Transcript

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0:00.0

Welcome to Industry Focus, the podcast that dives into a different sector of the stock market every day.

0:07.0

It's Tuesday, November 5th, and we're talking Money 2020.

0:11.0

I'm your host Dylan Lewis, and I've got Fool dot com's Dan Klein with me on Skype Dan what's going on?

0:16.8

Survived four or five days in Vegas so anytime that happens it's you got to chalk it up as a win.

0:22.3

Yeah, you want to at least net even on a work trip to Vegas right?

0:26.0

I think I came out a little bit ahead but I will thank the Nationals for that.

0:30.7

Matt Franklin and I put a fairly big bet in on game six and

0:34.7

game seven at very good odds and that sort of covered up some of the stupid

0:38.3

bets we made earlier in the week. So you're happy our producer Austin Morgan and Market Foolery producer, Dan Boiter, also very happy.

0:46.0

Yeah, it's a pretty good time to be a DC sports fan Dan.

0:50.0

Not a DC sports fan, but I made the decision that I wasn't going to bet against my friends.

0:56.0

And I figured if Austin found out I'd bet on the Astros, he would have taken me out.

1:00.0

So all of my bets were on the Nationals.

1:02.0

That's an easy way to lose the rotation of industry-focused contributors.

1:07.0

Hey, I haven't been on in three months. I wonder why.

1:10.0

Yeah, it's like what color hat are you wearing?

1:12.0

Is it orange or red?

1:15.0

Red. Red socks are coming back next year though.

1:18.0

Yep, I'm right there with you man. I'm a socks fan.

1:20.0

Dan, all right, so we are chatting today because you went to Money 2020, that's why you were in

1:25.5

Vegas, that was the work trip that we were talking about before. We're going to talk about

1:29.4

some of your big takeaways, some of the folks that you spoke with at that conference. But first you want to give people a quick overview of exactly what that is because it's kind of a newer conference.

...

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