The payments industry is facing unprecedented growth, rapid technological advancements, and a flood of new entrants into the market. Questions abound as to how all of the stakeholders will work together, which products will be welcomed by consumers and retailers, best practices for managing privacy and data security risks, and how federal and state regulatory frameworks will be applied to emerging payment systems. While many of these new payment products have the potential to become attractive revenue streams, they are also fraught with uncertainties relating to regulatory, compliance, security, and business issues.
The burning question of the moment is: what is the future of payments? Last year we saw non-cash transactions (almost) overtake cash payments for the first time, but does this mean cash is on its way out ? And how about alternative payments such as Bitcoin ? What will be the impact of the new PSD rulings (PSD2) for banks, merchants and consumers ?
During this event we hope to find the answers to these and other questions.
More info about this event here.