[Dave Birch] One thing that struck me about PayPal's "Innovate 2010" conference in San Francisco, in (I have to say) fairly stark contrast to many of the events I attend in the more traditional banking world is just how much innovation was actually going on. Too often I'm tempted into a presentation on radical innovation in international payments only to find that the radical innovation being discussed is changing field 27 of message type 94 from two bits to three bits. At Innovate, though, the innovation was real: entirely new products and services that depend on the existence of the new payment platform underneath them.