When: Tuesday August 9, 2011
Where: Crowne Plaza Ravinia
Networking: 5:30PM

Featuring Barry McCarthy as the keynote, our upcoming panel of senior leaders with responsibilities for overseeing mobile payments functions within their respective organizations will explore some of these very themes around what the present and future holds as they seek to harness the power of mobile commerce.

While financial services is at the crossroads with regulations stemming from the Dodd-Frank and Durbin amendment collectively expected to wipe out $22 billion from annual balance-sheets, industry analysts forecast unprecedented growth in mobile transactions globally from $162 billion in 2010 to $984 billion in 2014.

• What challenges and opportunities will mobility create for established players, new entrants, merchants, and consumers in the transformed future of payments?
• What role will existing players (issuers, associations, processors) assume in the new mobile payments ecosystem? How will their business and operating models need to be re-(de)fined to remain relevant?
• What do mobile handset manufacturers, carriers, and platforms stand to gain? What industry standards and technologies will prevail + drive adoption?
• How will emerging partnerships, coalitions, and ventures like Google Wallet, Isis, Square, M-PESA, etc. alter the ecosystem?
• What value will mobile payments - by itself and in combination with hyper-localization and m-couponing - create for merchants and consumers?

Moderator

Barry McCarthy, GM Strategic Clients and Alliances
First Data

Barry McCarthy leads the Retail and Alliances Services business throughout the Asia/Pacific region including Joint Ventures with ICICI Bank, Standard Chartered Bank, and Bank West Australia, as well as the company’s business in Korea. Additionally, McCarthy has responsibility for the US Joint Ventures with Wells Fargo and PNC Bank, and the company’s Government Services business. Collectively, these businesses annually process payments exceeding US$2 trillion.

Previously, McCarthy led the Mobile Commerce Solutions and Point-of-Sale businesses at First Data. In this capacity, McCarthy launched the First Data-branded line of point-of-sale terminals achieving market leadership in just 2 years. Additionally, he introduced several mobile commerce products including eGift Social that extends traditional plastic gift cards to the mobile handset and social networks like Facebook.

Earlier in his career at First Data, McCarthy led the global product and business development functions, and initially joined the company to lead product development for one of the company’s segments, Commercial Services.

Prior to joining First Data, McCarthy was vice president and general manager of the VeriSign (NASDAQ: VRSN) Internet Payments and Risk Management business. He led the business to its first-ever sustained profitability, reversing three consecutive annual losses and nearly doubling its size.

Before VeriSign, McCarthy co-founded and later sold MagnaCash, a Silicon Valley micro-payments software-as-a-service (SaaS) company. MagnaCash counted Gannett Media, Blockbuster and Ziff-Davis as major clients. The company is currently owned by Digital River (NASDAQ: DRV).

Prior to VeriSign, McCarthy was vice president and general manager of the ATM and ATM card business at Wells Fargo (NYSE: WFB), where he launched the first full-motion video advertising, four color receipt advertising, and expanded US Postage Stamp and discount ticket sales at the ATM.

McCarthy started his career at Procter and Gamble (NYSE: PG) where he spent 12 years in roles of increasing responsibility in sales, sales management, customer marketing and brand management. 

Panelists

John Beisner, President and COO, Twitpay

John Beisner leads the strategic growth of Twitpay as it pioneers social payments. He has been with Twitpay from inception to the addition of over 50 clients. John has over 20 years of experience in technology consulting, software, payment processing and financial services.

Prior to Twitpay, John was responsible for Client Services with Silverpop where he oversaw customization services for over 200 of their largest clients. John's payment processing career spans both CheckFree (Fiserv) and Harbor Payments where he developed software implementation practices to implement applications for direct clients. He was responsible for building the revenues at Harbor Payments up to $28 Million.

Tom Meredith, Chairman & CEO
P2P Cash

Mr. Meredith has over 30 years of computer, financial services and telecommunications experience. He started his computer career with Digital Equipment Corporation when the first 32-bit architecture was introduced. He was one of the original management team of the first Apple clone manufacturer, Franklin Computers, managing its retail distribution. He was Federal Sales Director for Lisp Machine, a leading artificial intelligence company, responsible for sales to defense contractors providing artificial intelligence applications to the Federal Government.

Mr. Meredith founded VoxLink, the leading innovator of voice and electronic mail integration. He also founded one of the first game companies on the Internet, Internet Gaming; The industry that was responsible for processing the first significant volume of credit cards on the Internet and internationally. Mr. Meredith gained additional financial processing experience consulting to the financial services industry, primarily in automation of mortgage and online credit/debit card processing.

Mike Finley, CTO, Retail Systems
Radiant Systems

Michael Finley is a 20 year veteran of the retail technology industry at Radiant Systems, where he now serves as CTO for the Retail, Sports and Entertainment business unit. A celebrated speaker and writer, Finley is co-author of You.Next(), a book that aims to build leadership skills among technologists. A passion to explore and apply technology led Finley to complete extensive work in Artificial Intelligence for Qualia Labs and in video game development for HiRezStudios where he contributed to the titles Global Agenda:Sandstorm and Tribes:Ascend. Finley holds several patents for retail technologies such as payment encryption and forecourt networking and has published a set of popular apps on the Apple AppStore.

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