ฝึกพูดภาษาอังกฤษด้วยเทคนิค Shadowing จากวิดีโอ: Inside the Future of Payments: Adyen CEO

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So we say winning is more important than ego.
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We have very strongly a culture where the whole company wins and the whole company should celebrate that.
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There's nobody who can just say like, hey, that was me.
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We have to do it as a company.
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Welcome to another session of Talks at GS.
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I'm Cliff Marriott, and I'm delighted to be joined today by Peter van der
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Dos, who is the co -founder and co -CEO of Adyen, one of Europe's leading fintech companies.
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Well, thank you for having me.
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Thank you for coming, Peter.
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So you've built Adyen to transform the payments landscape.
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The company has grown from a startup in Amsterdam to a global company with operations in six continents
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and a market cap of $45 billion.
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You have two decades of experience in the payments industry before founding Adyen.
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You were co -founder and chief commerce officer at BitBit, which was acquired by RBS in 2004.
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Let's first just dig into your origin story, the Adyen origin story.
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The company is actually named, I guess in Dutch, is Start Again.
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What did you see in the market that gave you
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that idea to start a new company? the original idea was
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that we had this payment company which was a layer over existing bank network
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so we were partnering with acquiring banks who would run their systems
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which connected to the payment methods like visa mastercard or local method
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and we worried at the time how long we could run such a model being dependent on being
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so dependent on banks so that was the reason why we sold,
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then I agreed to stick for two years with the company.
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And then after those two years, we saw that there was so little innovation that we thought like, wow, there is an opportunity.
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But when, if at the moment that we sold, if you would have asked me to sign that I would never work in the payments industry,
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I probably would have signed it because there were no plans at all to start again, which is Atien in Sranam, a Suriname language.
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But at the time, you also could, as a non -bank, become a direct acquirer for Visa and MasterCard.
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And we thought, wow, we can basically build a system which takes away, which does all layers in one and then get to a higher quality.
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And at that time, the assumption was that acquiring systems are boring.
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And then we felt like, no, if we really invest in it, you can make a difference.
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You can make a difference in acceptance rates.
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You can make a difference in performance.
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There is an opportunity.
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So what was the process like leaving RBS?
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Did you just leave one day, start up the next day?
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Did you have the idea?
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I left exactly after two years as agreed.
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I think you could read that contract both ways.
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If you agree to stay for two years, you also agree to leave after two years.
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And then I went on sabbatical to Brazil with the whole family because I thought if I don't do it now, I'll probably never do it.
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So we lived on a small beach.
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My main goal in life was to get bored, to get that feeling like, hey, I'm on the beach and I'm really, really bored.
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It took a while before that happened.
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And then my co -founder called me and he's like, maybe we should do something again.
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And how quickly did it take for it to start to take off?
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you felt like you had something new you had something
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that was working and maybe what was that secret spark at
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that point in time with hindsight it all looked like plain sailing
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but it was really really hard because we did something
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which i wouldn't advise to any other person starting a company
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usually company starts with with working with merchants with the detail
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that large companies don't care about and from
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that you sort of shape a product and then you slowly move up market
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but what we were doing is we were building a system
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which outperformed but the small merchant didn't care because
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if you do 10 transactions per week
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and it's five percent better you cannot measure
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that the large ones cared about it
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so as a startup we were dealing with large merchants
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so in 2008 i was talking to amazon hey what about this
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and of course amazon then doesn't say like yeah why don't you do brazil
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and mexico for us that takes time yes so it took us a
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while to find a company which would roll out globally and it turned out to be my city deal
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which was from the somewhere brothers oh yeah okay they were uh
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they were very good at doing american concepts uh in europe it later got acquired by groupon Yeah.
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so then we had group on as a merchant and they were
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so fast in rolling out that they really needed the payment company to keep pace
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and that helped us with volume and at certain point
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that was more than 50 percent of volume of the company then after
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that things became easier and very quickly we had many large customers
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and we didn't have that dependency anymore on a very small group of merchants.
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And you do the credit processing better.
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So when I first started meeting you,
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the key differentiator was we will basically allow for the merchant to close more transactions out of 100 than the competing company.
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Was that the key driver of your success in terms of building the company?
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Yeah, we could provenly do that, which is pure authorization rate. So
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if you buy something online why does your transaction gets uh gets turned down
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it's related to running fraud systems how do you make sure you don't do false positives
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because it's not just about authorization rates in transactions
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that you send in but it's also identifying what looks like fraud
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but it's not typically in those days it were the flower shops
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that were suffering because it were always people from abroad
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that were ordering and then it all looked not aligned
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because the origin of the cart was different than where the
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person was ordering the flowers was sitting was different than where it was being shipped
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so that's a part of the business
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which of course totally got disrupted by ai yeah
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so we are each
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and every transaction currently runs through ai to be very exact
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in flagging fraud to be very good at also allowing transactions
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which in a rule -based system would look like fraud
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and another component that got added to it is um least cost routing
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merchants became way more aware that there are some payment methods
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which might be a bit riskier but have lower costs and
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when do you offer them and when don't you offer them
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so least cost routing became a thing and it's also sometimes value dependent
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which method works well fixed fee method
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if you have a high value then that's of course cheaper
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and for a low value the other way around
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so the business became more complex
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so now you're doing 900 billion dollars of transaction processing per
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year as of last year your clientele includes tech companies like spotify facebook Netflix, eBay, et cetera, et cetera.
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What propelled that growth from starting off with my city deal
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and then moving into those big merchants and then to the business that you have now?
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We've always been very focused on what we do.
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We don't interact with consumers.
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We only help merchants.
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We are invisible.
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Many of you might not know us
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and we want to be in the background we are very deep on a single problem
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which is helping merchants to accept consumer payments
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so i think it's a combination of the focus in
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and having the patience to go very very deep into a
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product where a lot of the companies around just wanted to build a shell over what's already there
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and make a quick win and a quick splash
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and we were actually intrigued in really trying to solve the
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problem rather than than blowing up a balloon as you would
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say how did the business grow with each of the merchants
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we started to have traction with the out of our u .s office with u .s companies
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but we didn't get their u .s business
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so you would do a european business
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or a latin american business for u .s for u .s brands
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and then typically only after getting traction there we would also get us domestic traffic
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but we measuring merchants by legal entity that we work with
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so for us an uber could be measured by a legal entity in europe
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so then we flag it as european traffic
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and not as the the head entity of the company
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so that's how it works you can win traffic in countries
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so winning the customer is not related to where you have the traffic in the most simple culture
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you have one team that wins and then one team
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that celebrates and at the end therefore we have very strongly a culture where the whole company wins
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and the whole company should celebrate that
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because you win as a salesperson in the u .s
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and its account managed maybe uh out of uh out of the netherlands
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or out of france um that is more complicated than
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if it's all on the national level
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so we have uh it requires a culture where you really share your winnings together
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and where you cooperate very very intensively together
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you cannot work with small units we're going to get to culture in a second
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because i think that's one of the very very unique things about your company.
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Let me go to your IPO in 2018.
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That was also a critical year in terms of banking license, expanding the product suite.
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As I observe Adia and you, it has been about simplicity of focus on certain products.
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Has it been difficult to scale to new products away from your core?
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How has that gone?
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For us, if you look at the IPO,
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it's a logical step for highly regulated business and as a financial services company we have banking licenses
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so to also have the regulatory pressure of the public markets
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that all sort of fits together so
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that wasn't a huge the a huge difference if you look at how the market is evolving
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of course we now have more products than at the time
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when we were more a single product company for us at the time it was online payments
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and in -store terminals if you now go to say a citizen m you see our terminals
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if you go to nike you see our terminals
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so we're both online and in store and make
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that work together right now we have extended that to financial services
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so loans small loans to mid -size merchants um card issuing
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so you see that the portfolio gets wider over time
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and we use our banking licenses to do
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that small merchants we don't sign up directly but through platforms
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so we support platforms in in signing up many small sellers
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so if you go to a yoga studio
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that yoga studio will be on the platform and then if
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that yoga studio has our terminal
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then people say like wow why did you sign up my logo yoga studio well
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we didn't sign it up we signed up the platform on
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which the yoga studio runs
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so we need to be able to onboard large amounts of smaller merchants
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and we need to give them services because for such a yoga studio
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if your if your coffee machine breaks maybe you want a loan of a few thousand
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and that's exactly what we can do
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because we have all the data we can do the assessment
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so for us that's very effective to to give a loan there because we can do it at a relatively low cost
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Where do you think you are on that journey?
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Are you 10 % of the way there in terms of expanding products or a little bit further?
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No, we are early on that journey.
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But we have all the building blocks to do it.
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So I would more say we're very well positioned to expand there than that we currently totally capitalized on that.
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That's great.
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I want to get to that.
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Maybe that's a good segue to the next question.
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I mean, the payment sector has been highly consolidating over the last few years.
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So a number of companies that you sold your previous company to,
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those types of companies, the old merchant acquirers have merged and spun out and bought things.
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You have been steadfast and focused on your platform.
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Do you see more consolidation in the space and are you happy with your kind of focus on your platform?
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I tend to look very much at our own company
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and to talk to our merchants to hear what's the next thing on their journey and take inspiration from that.
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So we don't implement what they need, but we look at the common denominator and that's what we implement
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so that you get a scalable business because
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if you fall for the trap of custom -made solutions at a certain point you cannot help all your merchants
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because you're veering off your strategic path but
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if you listen to okay this is a problem
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that this merchant has which is
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if we solve it for this merchant we also solve it for others that's the way we go about so
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if you ask me for a view about what do you
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think is happening in this industry our focus is on the new the new players
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they have a small part of the market
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and the vast vast majority is still with the incumbents
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so our focus is let's make sure
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that the delta between what we can deliver
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and what the incumbents deliver is maximized so that we are the one
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that everybody's moving to of course we have about a third of the company is engineering
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so that means that we by now have a large group of engineers working on this
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so yes as a smaller company it's more difficult to compete with
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that we've been very very disciplined in not going through acquisitions
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so we have one platform one stack so our overhead is way lower than
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if you compare that to other companies who went through acquisition processes
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and are constantly into migration processes now so let's get into kind of innovation
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and ai what is changing in the payments landscape in terms of how people are buying goods
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and how are you adapting to that
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There are a few trends in the payments and what you see is that merchants all became very,
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very educated on payments.
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So companies are increasing their standards and are increasing measuring how good you are, which is both an opportunity and also,
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of course, something which we're always up against.
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There is a huge scale, so there is way more than when we started
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if you look at now that the the deal size
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that we have access to is is enormous there is a demand for other services
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if you want to
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if you want to win in this market what we do is we talk about the online world combining
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that with the physical world
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there's an endless need for really understanding your shopper being able to identify who it is
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and being able to identify do i have in my shop now somebody who's a recurring customer
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or a first -time shopper having that history at hand
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and being able to give a customized treatment to
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that shopper on the spot that is still the holy grail
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that everybody is investing in makes sense anything about payment methods i mean has
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that started to change i would say people will want to hear about crypto for example being used
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The payment methods which are in demand for the large merchants that we have are not in the area of crypto.
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In countries which are very unstable, then that makes more sense.
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Whereas now it's a complication if you add crypto to it.
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So there has been no demand from our merchants at the moment.
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So our merchant group is large international, often listed companies.
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Yeah, that's interesting.
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Having spent some time with Adyen, you're not the type of company that goes and talks a lot about AI,
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AI, AI, and all the great things you're doing.
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I also suspect under the hood there is quite a lot going on.
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You mentioned it briefly earlier on about how AI is involved in every one of your payment kind of approvals.
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There are a few areas which are intriguing.
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And so for one, all transactions for us run through AI to optimize for authorization rates,
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to optimize for cost, to identify potential fraudsters.
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So in that sense, we are a huge AI user.
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A part of the business that's really different and which I find complicated is that for anti -money laundering,
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anti -terrorism financing
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so the whole kyc part of course there we use a lot of ai as do the fraudsters yeah
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so there's there's a bit of a competition going on there
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where the old rules to make a fake password is quite easy with ai
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so a traditional check like send me a photocopy of your
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passport might not be as useful anymore as it was in the past
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so whilst that that's a game changer because think about it
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if we sign up a platform they could have 500 000 sellers
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so you have to bring 500 000 sellers through kyc
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if you can do that in a highly automated way uh
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which we can that's that's an enormous game changer in uh in in functionality
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what i do hope is that the european regulators also uh keep up with
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that pace because
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if they there has been a case in the netherlands where
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a neo -bank was fighting over whether they still should ask
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somebody who opens a bank account what the intended use of the bank account is
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that might be in an AI age not the best check and maybe a little outdated.
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So it requires also for the regulator to really understand what you can do with AI
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and to understand how to keep the pace with where the business is going.
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Great.
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So let's move into culture.
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And you mentioned some of the things already on culture.
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When we first started meeting, you talked about hiring people with a certain type of skill set and culture,
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and the fact that the founders and then I think the management team have to interview every candidate.
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How important was that to building the culture that you have now, that hiring formula?
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We're actually still doing that.
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So every employee
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that is hired somewhere goes through a final interview with a few people out of the global leadership team
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and the idea is as a manager
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when you're hiring you're solving for a problem and it can be
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that you are very busy and you think like hey maybe this person is
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six and a half on the scale from one to ten
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but i want to add that person to my team
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that at least i'm less busy from a philosophy point of view we see
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that as a deterioration of the level of the team
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and therefore the attractiveness to hire the next person
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because you want to play tennis with the top players
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and not with uh with the other league
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and that's part of the the fun that we promise that we give to you if you work for Adyen, a high density of quality people.
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So in a final interview, it's nice because you get to interview a person, but you don't directly feel the pain.
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So it's easier to hold the high standard and to make sure that you don't dilute on that.
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That's the idea behind it, that you have more an outside, more an independent view on is this a good addition?
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Is the motivation right?
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so that's why we do it to keep the culture
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and how much of that is personality fit cultural fit versus brains effectively
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or is it a combination you don't get to a final interview
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if you didn't if you didn't make it through your case to your coding test
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so that means that you are that you are likely a smart person
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so what we are testing more for is for the cultural fit and things.
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If you look on our website, you could find Altian Formula.
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And that are things, cultural things that we hold people to.
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One of the things is we expect you to be more focused on winning as a company.
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So we say winning is more important than ego.
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The reason is we are in so many countries.
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And as I was just explaining, sometimes you win H &M, you win them in Sweden and they roll out in the US.
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So there's nobody who can just say like, hey, that was me we have to do with as a company.
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So I was going to ask about the Adyen formula.
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You have a global workforce in more than, obviously more than six continents, but then with 115 different nationalities.
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How much of your employee base is based in Holland versus externally?
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And then how do you keep the culture the same?
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Is it really that hiring process or is it a continuous cultural investment that keeps that culture going?
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We have a little bit less than half in the Netherlands, I would say.
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And so the Netherlands is still very important because that's where the majority of our engineers are.
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We do a number of things around that culture.
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In every assessment we look at cultural fit.
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But we do various things.
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We have everybody together at least once a year
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to make sure that those global teams see each other not only over Zoom, but also face -to -face.
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But there are slight interpretations of it because, of course, an office, I mean,
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even the San Francisco office is slightly different than a New York office.
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And each office is within its own cultural boundaries.
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I don't expect that we have a single culture.
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That's not a realistic ask.
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So what are the big things that you're looking forward to for both Adyen
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and for the sector in general over the next five years or so?
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I think the next big thing is capitalizing on the global element of our business,
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on the opportunity that we have with having everything in one place.
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Because of that, we can build a lot of products which will help us in the next phase, in the phase where the market is going.
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So that's actually what I'm looking forward to.
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And I think that right now we are very well positioned to harvest on all the decisions
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that we took in the past.
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Great.
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Well, that sounds exciting.
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Really appreciate you coming, Peter.
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And thank you very much for all of your great answers.
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All right.
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Thank you.

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บทเรียนฝึกพูดนี้ใช้วิดีโอ “Inside the Future of Payments: Adyen CEO” เป็นสื่อ วิดีโอนี้มี 331 ประโยค และ 3931 คำ สำหรับฝึกพูดตาม ช่วงที่มีเสียงพูดยาว 23:57 ผู้พูดพูดด้วยความเร็วเป็นธรรมชาติ ประมาณ 164 คำต่อนาที ใกล้เคียงกับบทสนทนาในชีวิตประจำวัน 85% ของคำอยู่ใน 3,000 คำที่ใช้บ่อยที่สุดในภาษาอังกฤษ ส่วนที่เหลือควรดูไว้ก่อนเริ่มฝึก

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คำที่ควรเรียนรู้ 15 คำจากวิดีโอ พร้อมคำอ่านและความหมาย:

คำศัพท์คำอ่านความหมาย
merchant คำนาม/ˈmɝt͡ʃənt/วาณิช, คนค้า
hire คำกริยา/ˈhaɪɹ/จ้าง
yoga คำนาม/ˈjoʊ.ɡə/โยคะ
founder คำนาม/ˈfaʊ̯n.dəː/ผู้สร้าง, ผู้ก่อตั้ง
solve คำกริยา/sɒlv/แก้, แก้ไข
fraud คำนาม/ˈfɹɔːd/การฉ้อโกง, การโกง
terminal คำนาม/ˈtɚmɪnəl/อาคารผู้โดยสาร
formula คำนาม/ˈfɔː.mjʊ.lə/สูตร
expand คำกริยา/ɪkˈspænd/ขยาย
seller คำนาม/ˈsɛlɚ/ผู้ขาย
bore คำกริยา/boɹ/เจาะ, ไช
vast คำคุณศัพท์/væst/ว้างเวิ้ง, ไพศาล
complicated คำคุณศัพท์/ˈkɑm.plɪˌkeɪ.tɪd/ซับซ้อน
layer คำนาม/ˈleɪ̯ɚ/ชั้น
compete คำกริยา/kəmˈpiːt/แข่ง, แข่งขัน

กริยาวลีที่คุณจะได้ยิน

คำศัพท์ความหมาย
take off คำกริยาถอด

ประโยคที่ควรฝึกพูดซ้ำ

ประโยคสั้น ๆ ที่สมบูรณ์จากวิดีโอ ซึ่งนำไปใช้ในบทสนทนาประจำวันได้:

  • Did you just leave one day, start up the next day?
  • Did you have the idea?
  • We've always been very focused on what we do.
  • We don't interact with consumers.
  • Where do you think you are on that journey?

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โครงสร้างที่ผู้พูดใช้บ่อยที่สุด พร้อมคำพูดจริงจากวิดีโอ:

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Present perfect have/has + กริยาช่อง 3 — เหตุการณ์ในอดีตที่ยังเกี่ยวข้องกับปัจจุบันyou've built · has grown · We've always been
Passive voice be + กริยาช่อง 3 — เน้นสิ่งที่เกิดขึ้น ไม่ใช่ผู้กระทำbe joined · was acquired · is actually named
Relative clauses who / which + อนุประโยค — ข้อมูลเพิ่มเติมเกี่ยวกับคนหรือสิ่งของBitBit, which was · company which was · again, which is

การออกเสียงที่ควรระวัง

ผู้พูดใช้รูปย่อและรูปลดเสียง 43 ครั้ง เช่น don't, you're, didn't ให้พูดแบบสั้นตามที่ได้ยิน

  • เสียง “sh” และ “zh”: transaction /tɹænˈzækʃən/, authorization /ˌɔːθəɹaɪˈzeɪʃən/, innovation /ˌɪn.əˈveɪ.ʃən/, acquisition /ˌæk.wɪˈzɪʃ.ən/, traction /ˈtɹæk.ʃən/
  • คำยาว — ลงเสียงหนักให้ถูกพยางค์: entity /ˈɛn.tə.ti/ [-tʰi], authorization /ˌɔːθəɹaɪˈzeɪʃən/, complicated /ˈkɑm.plɪˌkeɪ.tɪd/, innovation /ˌɪn.əˈveɪ.ʃən/, acquisition /ˌæk.wɪˈzɪʃ.ən/

เสียงที่คนไทยมักออกเสียงยาก:

  • เสียงท้ายคำ — ออกเสียงให้ครบ ไม่เปลี่ยนเป็นตัวสะกดแบบไทย: solve /sɒlv/, terminal /ˈtɚmɪnəl/, pace /peɪs/, versus /ˈvɝsəs/, enormous /ɪˈnɔː.məs/
  • /v/ — ไม่ใช่ /w/ ให้ฟันบนแตะริมฝีปากล่าง: solve /sɒlv/, vast /væst/, innovation /ˌɪn.əˈveɪ.ʃən/, invest /ɪnˈvɛst/, versus /ˈvɝsəs/
  • /z/ — เสียงก้อง ไม่ใช่ /s/: transaction /tɹænˈzækʃən/, authorization /ˌɔːθəɹaɪˈzeɪʃən/, acquisition /ˌæk.wɪˈzɪʃ.ən/, visa /ˈviːzə/, whereas /(h)wɛɹˈæz/

วิธีฝึกกับวิดีโอนี้

  1. ฟังวิดีโอให้จบหนึ่งรอบโดยยังไม่ต้องพูด แล้วจดคำที่ยังไม่รู้จัก
  2. เริ่มที่ความเร็ว 0.75× พูดตามทีละประโยค แล้วกลับไปใช้ความเร็วปกติเมื่อเริ่มคล่อง
  3. อัดเสียงตัวเองแล้วเทียบกับต้นฉบับ โดยสังเกตคำอย่าง merchant, hire, yoga เป็นพิเศษ

เทคนิค Shadowing คืออะไร?

Shadowing เป็นเทคนิคการเรียนรู้ภาษาที่ได้รับการรับรองทางวิทยาศาสตร์ พัฒนาขึ้นสำหรับการฝึกนักแปลมืออาชีพ วิธีการนี้เรียบง่ายแต่ทรงพลัง: คุณฟังเสียงภาษาอังกฤษจากเจ้าของภาษาและพูดตามทันที — เหมือนเงาที่ตามผู้พูดด้วยช่วงเวลาห่าง 1-2 วินาที การวิจัยแสดงว่าเทคนิคนี้ปรับปรุงความแม่นยำในการออกเสียง ทำนองเสียง จังหวะ การเชื่อมเสียง การฟังเข้าใจ และความคล่องแคล่วในการพูดได้อย่างมีนัยสำคัญ

เทคนิค shadowing: อ่านคู่มือฉบับเต็มทีละขั้นตอน →