Corporate Payments Solutions

The Corporate Payments Solutions track speaks to the payment and treasury interests of corporate users—billers, retailers, merchants, and trading partners—businesses large and small from across industries that are seeking to learn from their colleagues’ experiences in selecting, implementing, operating, and evaluating solutions provided by the financial services community. Sessions by and for corporate practitioners analyze best practices, metrics, challenges, trends, and practical experiences.                                                                                                                               

                                                                                                                                
 Proposal 12
NACHA's Business-to-Business Payments Strategy

While electronic B2B payments through the ACH continue to increase each year, the majority of B2B payments are still made by check. NACHA has defined a business payments strategy and is moving forward with proposed solutions to increase B2B payments via the ACH Network. This session presents the solutions under development and those that are contemplated to make the ACH Network a more viable consideration for business-to-business payments.

Speakers:
Alenka Grealish
Manager Director, Banking Services, Celent, LLC
Julie Hedlund AAP
Senior Director, Business Payments, NACHA - The Electronic Payments Association

Proposal 50
Reading into the Crystal Ball: ACH Reporting

As an Originator, your ODFI provides you with a series of information regarding your ACH transactions including return and notification of change notices, reversal, deletions, redeposits, etc. What should you be doing with this information, besides applying the item to your A/R system? What trends can you identify? And how can you use this information to minimize risk and save your company money? This session highlights the types of ACH trend reporting that a company might want to consider to improve collection rates, decrease return rates, highlight potential risk management issues and reduce banking fees.

Speaker:
Laura Listwan AAP, CCM
First Vice President, Bank of America

Proposal 70
Managing Cash Flow Across a Complex Supply Chain

As companies implement sophisticated supply chains to source material, manufacture products, and serve an international customer base, the Treasurer/Cash Manager must understand payment flows for the entire company, including payments initiated outside of the Treasury group. In order to make informed decisions on investment, borrowing and inter-company funding and transactions, the treasury staff must forecast, monitor, and reconcile an ongoing stream of payment transactions. The complexity of getting a clear corporate payment picture is multiplied by the number of incoming and outgoing payment streams, subsidiaries and operating divisions, and countries in which you do business. A new generation of Internet-based workstations is bringing secure and affordable technology to companies to provide the automation needed to obtain timely and consolidated information on all payment streams. Hear from a corporate practitioner who has used the old technologies and the new and learn which she prefers and why. Attendees learn to evaluate the pros and cons of various cash flow information automation tools on the market and determine which tools and technologies are most appropriate for their company and work processes.

Speaker:
Tleytmas Stephenson CTP
Vice President, Wells Fargo

Proposal 75
Torn Identity: Preventing New Forms of Corporate Identity Theft

This session examines several recent horror stories about corporate identity theft including: how one company's account number was obtained online and used to purchase services of ill repute; how another company's banking information was used by an employee to fund personal accounts; and how yet another organization's account information taken from a payroll check was used to make credit card payments by phone. While tried-and-true bank services such as positive pay have been actively reducing fraud for many years, check conversion and electronic payments are presenting thieves with new opportunities and leading to emerging forms of fraud. Learn about next generation bank services, including proxy account numbers for both ACH and wires that can help companies protect against identity theft and proactively monitor and reduce fraud on emerging payment types.

Speakers:
Greg Hansen
VP, Product Manager, Wells Fargo
Bonnie Hertz CTP
Corporate Cash Manager, North Pacific Group

Proposal 91
Streamline Corporate-to-Bank Relationships with SWIFT Connectivity

Traditionally, corporations with multiple banking relationships have been faced with an array of proprietary electronic banking systems, or they have had to use one concentrating bank to pass through payments and collect bank account statements on their behalf. Since SWIFT opened its network (SWIFTNet) to corporations, they can now streamline these banking relationships and improve visibility and lower transaction costs. Hear from leading corporate treasurers on why they have opted to join the SWIFT network as well as steps you can take to implement SWIFTNet connectivity, including streamlining connectivity to banking relationships, increasing STP, improving auditing processes, harmonizing and optimizing payment flows, adhering to SWIFT standards and security, supporting a range of message formats, and complying with SCORE and SEPA.

Speakers:
Michael Bosacco
Regional Manager, Corporate, SWIFT
Colin Day
VP, Market Insights, SunGard AvantGard
Jeremy Kidd
IT Consultant, Cargill, Inc.
Gary Park
Directory, Treasury Operations, Schlumberger

Proposal 95
Which Came First The Chicken or the Payment?

In the ever-evolving world of payments, a cash manager must be prepared to manage what the industry is calling the payments convergence. In this session, attendees learn some best practices in managing the vast array of transaction types that will affect a corporation's receivables. The session explores suggestions for more efficient ways in which to handle a variety of electronic and paper-based receivables arriving as point-of-sale, mail and exception items. In today's environment, with so many types of payment vehicles from which to choose, corporations have to be equipped to handle atypical transactions of all types, and must be able to efficiently handle them wherever they may be received. Perdue Corporation provides insight regarding the product choices they made and how those choices affected their internal processes, receivable efficiency and overall cash flow.

Speakers:
Sandra Schlesinger
Cash Manager, Perdue Farms, Inc.
Kelly Bradshaw-Moran
VP, Cash Management, Citizens Bank
Tom Kettell
Strategic Business Manager, Emerging Markets, Epson America, Inc.

Proposal 98
The New Expense Management Using ACH & Card

You think of corporate credit cards for T&E, vehicle expenses, maybe even purchasing, but have you ever thought of using cards to replace employee expense reports? Corporate credit cards can replace paper on the front end of transactions by eliminating petty cash requests and purchase orders. They also can replace paper on the back end of transactions with electronic reporting systems that automatically reimburse expenses by ACH credits and collect personal charges by ACH debits. In this session, you hear a question and answer discussion by a panel of corporate practitioners who have leveraged corporate credit card programs in their migration from paper to electronic. Hear how cards have helped their companies reinvent their expense payment, tracking and reimbursement processes. Learn what value-added services you should look for in selecting a corporate credit card program.

Speakers:
Mary W. Mazzochi
Senior Vice President, Wells Fargo
Rachel Cahn
Director, Financial Reporting & Analysis, Deckers Outdoor Corporation
Linda Kollman
Senior Accountant, Accounts Payable, Ameritas Life Insurance Corp.

Proposal 121
Just What the Doctor Ordered: Achieving Revenue Cycle Efficiency

Today's health care providers face ever-increasing competitive pressures, escalating business expenses and a complex regulatory/reimbursement environment. In this case study, speakers look at how HIPAA-compliant technological innovations are making it possible to streamline patient claims, improve inquiry resolution and reduce administrative costs. Speakers share best practices, from a health care provider's perspective, on how to shorten DSO and increase operating margins. Speakers also examine how health care providers can partner with a financial institution to implement an integrated receivables solution that will automate claims processing and shorten the revenue cycle.

Speakers:
Mike Griffin
Chief Financial Officer, Prexus Health Partners
Scott Krah
VP, Healthcare Solutions, Fifth Third Bank

Proposal 123
Converting 40-70% of Your Checks to Electronic Payments within Three Months

What are the obstacles that are limiting the growth of B2B payments? What are the keys to converting vendors to electronic payments? How can you go deeper into the supply chain to push less paper in the payments process? Hear how one organization has made card and ACH payments and the electronic delivery of remittance data attractive to businesses of all sizes. In this session, speakers examine trends in client payment needs, discuss some of the possible solutions, and review a case study of how one corporation has implemented a solutions-based approach to increasing their use of electronic payments.

Speakers:
Elizabeth K. Ashey
Senior Vice President, Bank of America
William A. Cunningham
VP, Controller, LIN Television Corporation

Proposal 132
The Return of The XML All-Star Team

ISO 20022 XML messages for corporations and banks are now beginning to be exchanged on B2B interfaces on a daily basis. Corporations continue to seek automated solutions in order to increase their efficiencies and transparency of transaction processing. Banks have collaborated so that a consistent usage is applied to the message content, and they have worked with ERP vendors to validate the data support within the business applications. Discover the initiatives being advocated by corporations and the benefits they have realized with their ISO XML integration. Hear how U.S. clearing systems, including the ACH Network, are incorporating these standards into their processing environment.

Speakers:
Susan Colles CPA, CBA
Senior Vice President, Bank of America
Robert Blair CCM
Vice President, JPMorgan Chase
Susan Boeri
Manager, Treasury Services, GE Corporate Treasury
Fred Laing, II AAP, CCM
President, Upper Midwest ACH Association
Leonard Schwartz
Director, ABN AMRO Bank

Proposal 146
Clearing With or Without ACH: Making the Most of Remote Deposit

With the rapid adoption of today's remote deposit technologies, and the highly complex nature of the solutions available, this presentation is a practical and comprehensive examination of real world applications. How two remote deposit practitioners have employed a fully integrated Web-based receivables platform to achieve processing efficiencies, improve funds availability, reduce transportation risk and cost, and consolidate their accounts and banking relationships is examined. In these case studies, speakers examine the rationale for adopting remote deposit technology, as well as the decision making process behind choosing whether to use remote deposit with or without ACH-eligibility and clearing functionality. In looking at the best practices of these organizations, speakers delve into each company's decision logic and lay out an overall framework that attendees can use for deciding which clearing method(s) make the most sense for them.

Speakers:
Evan Davis CTP
VP, Commercial Treasury Product Mgmt., Fifth Third Bank
Ruth A. Harpool AAP, CTP
Associate Director, Treasury Operation, Indiana University

Proposal 161
Managing a Convenience Fee Program

A convenience fee is a separate charge added to an electronic payment for the convenience of processing the payment electronically. Convenience fees have become a very popular option, especially for government agencies, educational institutions, property management, and other merchants receiving bill payments. Convenience fees can allow a business or organization the ability to expand their payment acceptance channels while minimizing or eliminating the fees associated with payment processing. This session reviews applications of convenience fees, regulatory rules, payment flow processing, risk management, ROI, marketing issues, and support & maintenance issues.

Speakers:
Jeremy Krahl
Regional Manager, Government & Institutional Sales, Elavon
Michael Volk
VP, Treasury Management, U.S. Bank

Proposal 168
Risk Management for Merchants: Protecting your Business

Merchants, payment processors and financial institutions have experienced security breaches that resulted in the exposure of consumer account, transaction and other personal information. While these breaches are rare the impact is far-reaching and often makes headlines resulting in legal action, loss in consumer confidence, and loss of business. What can merchants do to protect their customers' personal information and ultimately their businesses? In this session merchants hear from payment industry certified security experts about industry requirements and best practices with regards to protecting consumers' personal information. Merchants also learn what is available to them and what to look for when evaluating payment vendors for the processing of their consumer transactions. Session presenters share their experiences and cover data security at all levels of transaction processing from the moment the consumer supplies their payment information to transaction confirmation to historical reporting to storage of information for recurring charges or repeat customers.

Speakers:
John Arnold
Chief Information Officer, Optimal Payments Inc.
Patrick Faucher
Chief Executive Officer, NIMBIT
Doug Klotnia
EVP, Worldwide Sales, Trustwave

Proposal 204
Remittance Standards for Wire Payments

Three payments industry utilities have teamed up to foster discussion and action among financial institutions to help manage the migration of checks to electronic payments and ensure that the payment channels are ready. Join representatives from the Federal Reserve, The Clearing House and SWIFT in a lively and provocative discussion about corporate trends in wire payments, remittance standards initiatives, and steps financial institutions can take to influence the payments landscape. This includes initiatives to ensure that payments systems can carry remittance invoice information in a standard format to make it easier for corporations to reconcile and post electronic payments.

Speakers:
Hank Farrar
Senior Vice President, CHIPS
Lauren Hargraves
Senior Vice President, Federal Reserve Bank of New York
James Wills
Business Manager, Standards, SWIFT

Proposal 206
International Shareholder & Employee Stock Plan Payments

Investors around the world are investing in cross-border stocks and as a result most large companies today have a global shareholder base. Also, as companies expand their operations globally, the population of expatriate employees and international participants in employee stock plans is increasing. With this trend comes the complexity of efficiently servicing these cross-border shareholders, making timely dividend distributions, and managing subscriptions and redemptions. The traditional approaches for servicing this segment have been inconvenient for recipients and a source of dissatisfaction due to delays and costs. Some of the leading stock plan providers have overcome these challenges and set up a streamlined cross-border shareholder payment solution. The solution offers features such as building in foreign exchange conversion capabilities within the payment engine, creating an end-to-end tracking system to ensure complete reconciliation of transactions, and providing access to multiple payment methods like wires, checks and ACH/ EFT to shareholders to provide choice and flexibility. This session examines some of these emerging solutions and presents a case study and resultant benefits in detail.

Speakers:
Sayantan Chakraborty
Director, Citi Global Transaction Services, Citigroup
Dave Schrohe
Managing Director, Corporate Client Group, Smith Barney

Proposal 207
Fulfilling a Promise: DuPont Delivers the Results

Does the "We plan to do x and will achieve y benefits in z years" sound familiar to you? All too often we are shown promising plans with great expected benefits and positive business cases -- and then never hear about them again. DuPont presented its out-of-the box financial messaging for corporates initiative in Chicago. The corporate has analyzed, documented and published projected total cost of ownership, benefits and ROI. Now one year later, it's time to confront the facts. Did DuPont achieve what was promised? Come find out, and learn what you should know before making your promises to management.

Speakers:
Michael Bosacco
Regional Manager, Corporate, SWIFT
Lawrence G. Boyer
CIO, Global Treasury, DuPont
Monie Lindsey
Principal, Treasury Strategies

Proposal 228
Generating Revenue from Next Generation Online Financial Services

In recent years, the "soft ROI" benefits of online banking and bill payment have been much touted. The increased customer loyalty, lower churn rates and higher satisfaction that result from the use of these services has been well documented. However, financial institutions and corporations are now looking to drive real return on investment in the form of reduced costs and increased revenue from the online channel. This panel presentation focuses on online financial services that are poised to gain momentum as revenue drivers in 2008 and beyond, including emergency payments and debit and credit card funding of online payments. A leading analyst examines the industry shifts that are turning emergency payments and debit/credit card funding into "must-have" online service offerings. Presenters from a leading financial institution and a leading corporation discuss the factors that impact the decision to offer emergency payments or debit and credit card payment options to customers, as well as their ongoing strategies around these services.

Speakers:
Jennifer Roth CTP
Senior Analyst, Global Payments, TowerGroup
William Attinello CFA
Director, Verizon Wireless
Angeline DePauw
Director, Electronic Payments, Verizon Communications
Bob Homer
VP, Product Management, CheckFree, now part of Fiserv
Donna N. Patel
SVP, Online Services & Payment Dir., Wachovia Bank, N.A.

Proposal 234
Is There a Point of No Return?

With many banks offering multiple, and sometimes integrated payment conversion and clearing options, how has the returns process been impacted, and what does this mean for clients? This session looks at the changing dynamic of returned item reporting and the rules clients and banks should follow in this process. It details roles and responsibilities for identifying items which are ineligible for conversion, as well as the role clients and banks are playing in converting items from checks to images and electronic payments, and then sometimes even back to paper-based payments. Attendees learn what actions they, as clients, need to take once they see a converted item was returned, and hear about the kind of guidance banks should offer their clients in these complex areas.

Speakers:
Wendy Dalpino
Acct. Supervisor, Accounts Suprevisor, Farm Bureau Mutual Insurance Company of Idaho
Ted Gerbick
Product Manager, Cards, KeyBank

Proposal 260
Corporate Mobile Banking: Separating Hype from Reality

Mobile banking is generating a wave of excitement in the North American marketplace. While much of the emphasis is on the retail market, corporate customers stand to benefit tremendously from this nascent channel. This session provides an overview, based on independent research from Celent, of the latest corporate mobile banking technology trends. The state of mobile cash management solutions is examined through a different lens, by distinguishing hype from reality. This session provides a detailed picture of what future mobile cash management solutions will look like, as well as descriptions of key features and functionalities that will attract users to this blossoming technology. Finally, it will help banks to ensure that their corporate mobile customers are provided with the proper security and authentication mechanisms while maintaining ease of use. A case study is presented by a pioneering institution in the mobile banking service for business sector, including an overview of its solution, descriptions of functionalities, lessons learned and business benefits.

Speakers:
Jacob Jegher
Senior Analyst, Celent
Amy L. Johnson
Vice President, Wells Fargo

Proposal 262
How to Build the Perfect Plan for ACH Adoption

This session reviews how ACH and other electronic payment types are making the acceptance of rent and other real estate transactions more convenient than ever before for property owners, managers and residents. Attendees learn how to effectively roll out ACH to receptive consumer audiences, and how to ensure that adoption rates are kept as high as possible. Using real world examples, the panelists define some key points that influence the success of ACH programs that can be applied across industries. Perspective on how ACH fits into the bigger picture to meet an organization's fiscal and strategic goals is also presented. Panelists address potential barriers to adoption, and offer practical advice on removing roadblocks. Attendees are provided with an easy to use checklist that will help them assess their organization's readiness for ACH.

Speakers:
Ryan Gilbert
Vice President, PropertyBridge, Inc., A MoneyGram Company
DeeAnne Clowes
Senior Vice President, GREYSTAR Real Estate Partners, West
John Marts
VP, Treasury Solutions, Wells Fargo

Proposal 264
Leveraging Your ERP for Electronic Vendor Payments

All categories of checks have declined dramatically in the last seven years except for business-to-business (B2B) checks. Recent statistics still have B2B checks at over 6% of the total. Service providers are making it easier than ever for businesses of all sizes to migrate B2B payments to CTX. Come hear from companies that are leveraging the investment in their ERP system to originate ACH vendor payments, thereby reducing internal costs and streamlining processes. These companies represent opposite ends of the spectrum in terms of industry and size, but are great examples of what can be accomplished through leveraging existing back-office systems. You will come away from this session with a better understanding of and practical advice on what it takes to implement a best-in-class B2B vendor payment process in your company.

Speakers:
Susan Capps
VP, Treasury Solutions Sales, Wells Fargo
Raymond C. Vines CTP
Director, Treasury Operations, Radio Shack

Proposal 269
Matching Processing Power with Consumer Demand

In this age of instant gratification, consumer demand for almost instantaneous, streamlined payment processing -- whether it be online billpay, credit and debit card transactions, both online and at the POS, and automatic recurring payments -- is at an all-time high. This session examines the successful relationship between payments processing vendors, related payments network, and direct billers in streamlining electronic payments processing. Presenters discuss the evaluation, implementation and execution phases, supplying real-world examples from the banking and insurance industries to meet the challenges in electronic payments processing and the solutions implemented to overcome them. Topics covered include: avoiding exceptions in processing; eliminating redundancy in customer records and reporting; increasing speed of payment delivery; and decreasing costs associated with processing electronic payments.

Speakers:
Michael Foye
VP, Sales & New Business Development, MasterCard RPPS
Patricia Frazier
VP, Industry Relations, Western Union

Proposal 283
Maximizing Success in an eInvoicing Implementation

This case study addresses the challenges one company faced in mandating eInvoicing with its supplier community en route to fulfilling its objective of eliminating both the non-value-added activities connected with invoice processing as well as the errors that can be introduced through re-keying data from paper invoices. Benefits achieved include: vastly reduced invoice cycle time; far more accurate and prompt payments to suppliers; ability of the accounts payable department to take on more volume without adding head count; line-level matching for raw materials; and improved relationships with suppliers. It also includes practical advice regarding the makeup of the internal team in an eInvoicing implementation, how to respond to and align all the divisional and departmental interests and objectives, and how to gain supplier acceptance and enthusiasm.

Speakers:
Barbara Myers
Manager, Central Processing, Greif
Thayer Stewart
VP, Business Development & Marketing, OB10

Proposal 296
Getting Back to the Business of Business: ADT Best Practices

This case study demonstrates how ADT dramatically improved customer service and the customer's experience by enhancing and streamlining payment processing. The session explores the business forces driving the company's requirements and decisions, and how it evaluated existing processes, including high pain exceptions. After reviewing their payment alternatives and key partners, key decisions, implementation and the results of the transition are discussed. Learn by example how to evaluate receivables processing practices, identify issues that affect customer satisfaction, determine if you and your payment partner are committed to the same goals, quantify exception processing costs, and enhance both financial and customer satisfaction.

Speakers:
Sheila Knight-Fields
Director, Shared Account Services, ADT Security Services, Inc.
Mary Zerjav AAP, CTP
ACH Product Manager, The Bank of New York Mellon

Proposal 316
Is CTX within Your ReACH?

Commercial CTX volumes have experienced double-digit growth in recent years as more and more organizations begin to pay their vendors electronically. But while the advantages of paying via CTX are great for both the Originator and Receiver, many companies have found it difficult to move in that direction. This session focuses on options available to companies who want to enter the world of CTX, and provides insights into the challenges and successes of one company that did. This session also examines the decision process used to determine whether to outsource or create CTX payments internally, targeting and signing up vendors, and the benefits that can be realized from moving to an ACH payment environment.

Speakers:
Saundra Baldi
Manager, AP & Travel Services, Vanguard Group, Inc.
Penny E. Page AAP, CTP
Vice President, Wachovia Bank, N.A.

Proposal 317
Insights from NACHA as a Corporate Originator

As a small business, NACHA is confronted with many of the same challenges and barriers as other companies in its efforts to migrate its A/P from a primarily check-based process to one that chiefly employs ACH origination. In this unique session, NACHA's CFO and Secretary/Treasurer leverage NACHA's first-hand experience to explore the issues, considerations, decision points and opportunities for small businesses and their financial institutions to increase ACH origination. Insights and lessons learned are shared. Despite the best of intentions and full awareness of the benefits, it is a formidable task. Making the commitment to prevail with an eye on the end game is crucial.

Speakers:
Philip C. Ahwesh AAP, CCM
SVP, Receivables Management Network Manager, PNC Bank
Pamela B. Moore CPA
CFO & SVP, Administrative Services, NACHA - The Electronic Payments Assoc.

Proposal 350
Unclaimed Property: Do You Know When to Escheat So You Don't Cheat?

Can the balance on my gift card expire? What do I do if I cannot find the owner of money from a dividend or a benefits check? And what if that person has died? There seems to be a great deal of confusion as it relates to unclaimed property and the rules and laws around this topic. This session adds clarity to a sometimes bewildering topic and includes details on how to handle the various legal/regulatory considerations and best practices from practitioners.

Speaker:
Scott Fryzel
Partner, Chapman & Cutler, LLP

Proposal 396
From Check to Electronic Payments: The B2B Outlook

The U.S. payments system is evolving rapidly from paper to electronic payments. How is this change affecting business-to-business (B2B) payments usage, which has long favored paper checks? Industry experts from the Association For Financial Professionals (AFP) and the Federal Reserve (FR) highlight results from recent research on the current state of B2B payments and implications for the future. How much progress has been made since the FR estimated B2B checks in 2001 and the AFP surveyed B2B payments practices of its members in 2004? Adding a "real world" perspective, two corporate practitioners discuss their B2B payment practices and rationales, and offer their "color commentary" on the AFP and Fed research. Panelists cover a range of issues including: (1) key barriers to greater use of electronic B2B payments; (2) integrating the payment with other financial processes; and (3) the outlook for B2B electronic payments adoption. Panelists also offer suggestions for action to accelerate the migration of B2B checks to electronic alternatives.

Speakers:
Arlene S. Chapman CTP
Senior Consultant, Technical Services, Association for Financial Professionals
Daniel W. Ellecamp CCM
Financial Consultant, California State Automobile Association
Rue Jenkins
Assistant Treasurer, Costco Wholesale Corporation
Claudia Swendseid
Senior Vice President, Federal Reserve Bank of Minneapolis

Proposal 397
The Interdependency of Banking, Economics & Cash Management

Has that bank down the street recently changed their name? Have you seen a change in the value you need to place on bank fees when preparing next year's budget? Without using a crystal ball, do you think you can anticipate additional changes to come in the near-term? Explore the trends in the banking, economic and cash management landscapes. Learn how world events, the movement of rates, declining check volume, record growth of electronic transactions and regulatory requirements have worked together to impact the players in the banking landscape and technological development in the cash management industry. Get a glimpse of the outlook for the future of cash management based on the trends of today.

Speaker:
Kristen Ritchie CTP
SVP & Regional Sales Director, Charter One Bank, Member of RBS, plc

Proposal 406
The Changing Payments Landscape: Are you Fred Flintstone or George Jetson?

Learn about trends within the payment landscape and why these trends are important to you and your company. A CFO of large corporation discusses the how the current situation and trends within the industry are impacting his job and his company. Discover how the changing payment landscape is impacting the complexity, competitive demands, control and constraints in today's financial jobs. Speakers discuss how increasing business opportunities and reducing expenses align with existing and new payment methods. In addition, learn how to ensure that you remain in control by maximizing information reporting for better borrowing, investment decisions, and movement of funds, with the appropriate security measures. Learn how to streamline processes for routine tasks, leaving you more time for strategic thinking and maintaining a competitive advantage.

Speakers:
Douglas E. Downey CTP
AVP, Cash Management, HCA
David Fuller CCM
EVP, Treasury & Payment Solutions, SunTrust

Proposal 440
mCommerce for Remote Retail Transactions

Mobile subscribers in the U.S. recently surpassed 240 million, more than the number of U.S. Internet users! Over 80% of phones have the capability to send text messages and/or access the mobile Internet. Those that shape the banking and payments markets have begun to incorporate mobile into their core strategies, including operators like AT&T, banks like Wachovia, along with major retailers and brands that influence American culture such as ESPN. Learn about how mobile banking and mobile payments will converge to create new opportunities for retail brands to sell direct to consumers using their mobile phone. Understand the different approaches that retailers are taking to exploit this channel to ultimately drive incremental sales by enabling their customers to buy anywhere, anytime. Lastly, learn how the payment industry can and should support these efforts to ensure they maintain their share of the payments market.

Speakers:
Tim Sherwin
Executive Vice President, CardinalCommerce Corporation
Nanci Rainey
VP, Business Development, Firethorn, a Qualcomm Company