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Get The Complete Picture of Mobile Wallets Including Business Opportunities, Security Considerations at the Smart Card Alliance’s September Workshop

PRINCETON JUNCTION, N.J., Sept. 09, 2016 (GLOBE NEWSWIRE) -- How can financial institutions, merchants, mobile device integrators, security companies, and mobile payment tech enthusiasts take advantage of the promise of security and convenience that mobile wallets provide? What are the business impacts and security considerations for this rapidly evolving landscape? The Smart Card Alliance will answer these questions and more at a full-day in-person and live-webcasted workshop, “Mobile Wallets – the Wild West of Payments,” on September 15.

The one-day workshop, being held at the Alliance’s National Center for Advanced Payments and Identity Security in Crystal City, Virginia, will be streamed live for easy accessibility for those looking to keep up with the technology issues and business drivers effecting the mobile payments industry. The workshop will also be recorded and made available online after the event. To register for the in-person workshop, click here. To attend via live stream webcast, register here.

Through attending this workshop, attendees will:

  • Be introduced to mobile payments solutions and mobile wallets
  • Evaluate the pros and cons of the Near Field Communication and Host Card Emulation (HCE) technologies behind different wallet solutions
  • Discover potential business impacts of tap, in-app and mobile browser wallets
  • Compare the mobile device-centric, bank-centric and merchant-centric wallet models on consumer adoption
  • Get a close look at Apple Pay, Samsung Pay and Android Pay – three of the main players in the U.S. market
  • Take a deep dive into merchant- and bank-centric wallets including ChasePay, Walmart Pay, and wallets from Amazon and U.S. Bank
  • Analyze the security considerations and fraud risks of the myriad of wallet solutions
  • Learn from an expert panel discussion about who are likely to be the winners and losers of the mobile Wild West

“The mobile wallet market is the Wild West of the payments industry because it has a myriad of solutions, there are no commonly-used security standards, and it is an open territory for innovation,” said Randy Vanderhoof, executive director of the Smart Card Alliance. “This workshop will help attendees to understand all of the mobile wallet variations, the different approaches to security, and the differentiation of wallet schemes by the leading brands.”

Speakers will include Deborah Baxley, Paygility Advisors; Guy Berg, Federal Reserve Bank of Minneapolis; Tony Sabetti, CPI Card Group; Julien Traisnel, Oberthur Technologies; and Randy Vanderhoof, Smart Card Alliance, with Oliver Manahan, Infineon Technologies as a moderator.

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.

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

Source:Smart Card Alliance