Keynote Speakers Lead the Way on U.S. EMV Chip Migration, Mobile Wallets and Transit Payment Innovations at the 2015 Smart Card Alliance Payments Summit

PRINCETON JUNCTION, N.J., Dec. 15, 2014 (GLOBE NEWSWIRE) -- Coming to Salt Lake City in February, the 2015 Smart Card Alliance Payments Summit will bring together hundreds of executives to answer some of the biggest questions in payments today: Will the U.S. be ready for EMV chip payments by the fraud liability shift date in October? Can Apple Pay be the catalyst that makes mobile payments a part of everyday life? How are transit agencies trailblazing the industry by being early adopters of mobile and open contactless payments?

The 8th Annual Payments Summit will be held on Feb. 3-5, 2015 at the Grand America Hotel in Salt Lake City, Utah with the pre-conference payments technologies and innovations workshop on Feb. 2. Agenda topics, registration, exhibition and sponsorship details can be found at www.scapayments.com. Early registration discounts are available through Dec. 19.

"EMV chip payments and mobile wallets are no longer just ideas for the future of U.S. payments – these technologies are a reality today as 600 million chip cards are expected in the market in 2015 and with Apple Pay, Google Wallet, Softcard and other mobile wallets giving consumers the ability to make mobile payments on a regular basis. However, there is still a significant road ahead to reach widespread adoption," said Randy Vanderhoof, executive director of the Smart Card Alliance. "The 2015 Payments Summit is the place where industry leaders reveal what is happening now and what the next steps need to be in order to overcome industry-wide challenges and reach critical mass on these more secure and convenient emerging payment methods."

The three-day Payments Summit will feature industry experts from all three leading payments transaction infrastructures: EMV chip card payments, mobile payments and transit payments. The opening day keynote presentations and discussion panel topics include:

  • The State of Chip Migration and Learnings for Issuers, Merchants and Acquirers; Kimberly Lawrence, senior vice president, global corporate initiatives, Visa
  • EMV Readiness From an Acquirer's Vantage Point; Patty Walters, senior vice president, EMV issuing and merchant corporate strategy, Vantiv
  • Mobile Tokenization and the Value of User Authenticated Digital Transactions; James Anderson, senior vice president of mobile, MasterCard
  • The Final Year Ahead of the EMV Target Date; roundtable panel speakers including brands, issuers, acquirers and merchants to be announced
  • Mobile Wallet Update; speaker to be announced
  • EMV and Contactless Payments Enhancing Customer Experiences; Karen Czack, vice president of global chip products, American Express
  • Transit Agency Open Payments Report; speaker to be announced
  • Mobile Payments Industry Workgroup Efforts to Promote Secure Mobile Payments and Tokenization; Susan Pandy, PhD, Federal Reserve Bank of Boston
  • Mobile Payments Models and Consumer Values; Panel Moderator: Steve Mott, CEO, BetterBuyDesign; panelists to be announced

On the second day of the conference, attendees can build their own agendas from three concurrent tracks on these topics:

  • EMV Chip Payments. Get clarity on the ongoing U.S. migration to chip payments with sessions on: EMV Payments Landscape for 2015; EMV Acceptance Across Different Payments Channels; Education Roles of EMV Chip Migration; A Multi-Layered Approach to Managing Fraud Risk: Assessing Threats and Mitigating Risks of Future Data Breaches; EMV Contactless, Debit and Mobile Payments.
  • Mobile Payments. Sessions will cover the latest in mobile wallets and applications and include: Mobile Payments Approaches For Securing Digital Transactions; Comparing Mobile Payments Models for Security, User Interface, and Payments Transaction Processing; Mobile Device Authentication; Mobile Point of Sale Systems Approaches; Will Tokenization Be the Next Mobile Payments Battleground?
  • Transit Payments. Find out the latest updates on the active open-loop fare payments, mobile ticketing and parking projects with sessions on: What Transit Wants from Payments – EMV Contactless, Closed Loop, Prepaid, Mobile, and Account-Based Options; Large Agency Use Cases for Fare Payments Innovation; Small Agency Use Cases for Fare Payment Innovation; Payments Trends in Parking; Making the Transit Payments Decision.

The third and final day of the conference is organized into two tracks on specialized topics – EMV Chip Technology and Mobile Wallet Convergence, and Transit and Parking Innovation.

Pre-conference Workshop Details

The full-day pre-conference, interactive workshop on Feb. 2, "Payments Technologies and Innovations Workshop: Payment Strategy Considerations for Issuers, Retailers and Transit Agencies," will provide attendees with a comprehensive understanding of the key new technologies and payment approaches that are changing the U.S. payments landscape over the next few years. The workshop includes detailed discussion of NFC mobile contactless payments, QR code-based mobile payments, e-commerce payments, tokenization and EMV chip payments. In addition to the pre-conference workshop, the Smart Card Alliance will also offer a CSCIP/P1 training class.

For continuing updates on the Payments Summit, visit www.scapayments.com, follow @SmartCardOrgUSA on Twitter and use #PaymentsSummit to participate in the conversation.

About the Smart Card Alliance

The Smart Card Alliance is a not-for-profit, multi-industry association working to stimulate the understanding, adoption, use and widespread application of smart card technology.

Through specific projects such as education programs, market research, advocacy, industry relations and open forums, the Alliance keeps its members connected to industry leaders and innovative thought. The Alliance is the single industry voice for smart cards, leading industry discussion on the impact and value of smart cards in the U.S. and Latin America. For more information please visit http://www.smartcardalliance.org.

1 Certified Smart Card Industry Professional/Payments

CONTACT: Megan Shamas Montner & Associates Tech PR 203-226-9290 mshamas@montner.com

Source:Smart Card Alliance