Spotlight Speaker Series

Spotlight Speaker Series

These sessions feature notable industry professionals speaking on top of mind payments topics.

Federal Reserve Town Hall

Spotlight Speaker Series | Intermediate
 
Over the past five years the Federal Reserve has engaged in an array of payments industry improvement initiatives: the 2013 Payment System Improvement Public Consultation Paper, the 2015 Strategies for Improving the U.S. Payment System, the standing up and coordination of the Faster and Secure Payments Task Forces and various other industry engagement and improvement initiatives. Hear the latest on the Federal Reserve’s efforts to improve its services and to further support improvements in the broader U.S. payments system. In addition to the collaborative industry work efforts in which the Federal Reserve has been engaged, work is also underway to look at how we can support the ecosystem’s need for improved settlement mechanisms as well as other opportunities to enable continued industry progress. Updates concerning the U.S. ISO 20022 migration efforts as well as service enhancements for Same Day ACH are also be provided.
 
Moderator: Shonda Clay
Executive Vice President, Product Manager, Federal Reserve Bank of Chicago
 
Susan Foley
Senior Associate Director, Board of Governors of the Federal Reserve System
 
Kenneth Isaacson
Senior Vice President & Product Manager, Wholesale Product Office, Federal Reserve Bank of New York
 
Cheryl L. Venable
Executive Vice President, Retail Payments Product Manager, Federal Reserve Bank of Atlanta

Is Your Organization Structured for Actual Innovation?

Spotlight Speaker Series | Intermediate
 
Our industry’s leaders face the same constant tension as any other business: How do we exploit our current business while also exploring options for the future? Popular history is littered with the bones of companies that became extinct or irrelevant for reasons only obvious in hindsight. Kodak failed to capitalize on digital technology it invented in the 1970s. Xerox PARC invented the computer mouse only to let Steve Jobs’ upstart Apple turn it into the blockbuster Macintosh story. Financial institutions are no different. Incremental changes since the passbook and personal loan days have led our organizations into activities as diverse as mortgage lending, mobile banking, and branch building. Over time, the survivors are those whose leaders managed to grow stable balance sheets while responding to shifting consumer demand for products, services, and delivery channels. We’ll look at case studies of financial institutions that have structured themselves for innovation and offer tools you can use to assess where your organization stands.
 
Tansley Stearns
Chief Impact Officer, Filene Research Institute

Recent Developments in Electronic Payments Law

Spotlight Speaker Series | Intermediate
 
Staying abreast of the numerous and often complex developments in the legal and regulatory framework for payments can be daunting. Yet understanding the implications to an organization's ACH activities is crucial. In this session, receive a thorough review of significant legal issues raised by current developments in electronic payments law, including recent amendments to the NACHA Operating Rules.
 
Jane E. Larimer
Chief Operating Officer & General Counsel, NACHA - The Electronic Payments Association
 
Jane K. Winn
Professor of Law, University of Washington