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Webinar: Mobile Payments: What You Need to Know Now, What You Need to Do Next

 

Effective September 30 online registration will be temporarily unavailable while we upgrade our website. Beginning on Wednesday, October 1, to register for an event: Please complete the registration form and send to The League via:

Email:  registration@theleague.coop
Fax: (262) 549-7722
Mail: N25W23131 Paul Road, Suite 500, Pewaukee, WI 53072

 

Tuesday, November 4, 2014

2:00 - 3:30 pm CST

 

Speaker: Lee Wetherington, Jack Henry & Associates, Inc.®


About the Program

Apple Pay has fundamentally recalibrated the mobile payments ecosystem.But, for credit unions, providing context for purchase decisions is still more important than providing a new way to pay. Understanding that difference is vital.

Mobile pay is on its way. But which model will prevail? Apple Pay has recently given Near-Field Communication (NFC) a much needed lifeline, but some insist only Android's Host Card Emulation (HCE) gives issuers a way to provide a fully integrated mobile payments experience. No matter the form of mobile payments to come, there is broad agreement on the convergence of mobile banking, retail, and payments. Almost half of consumers use their mobile phones to look for the best price, and a third want deals offered in real time based on where they are. To this end, credit unions are already positioned to remain relevant.With over half of Gen Y reporting problems with impulse purchases, knowing when (not) to purchase is more important than paying in a new way. Credit unions are uniquely positioned to provide the funds-availability context consumers desperately need - and reap new streams of revenue in the process. Join us for a no nonsense review of mobile payments, where we are, what's ahead, and how your credit union should proceed.


HIGHLIGHTS

  • State of mobile payments: Apple Pay vs. MCX CurrentC vs. Google Wallet
  • Mobile wallets review:  what's working, what's not, why it matters
  • Mobile payment technologies: NFC, HCE, BLE, and barcodes
  • How to transition from mobile banking to mobile personal finance management (PFM) to mobile payments
  • Who wants mobile PFM right now and why? Gen Y, high-income, and money minders
  • Revenue windfall: how owning the "zero moment of truth" will boost credit unions' bottom line
  • How credit unions can win the mobile/data wars
  • Next steps and best options for credit unions


Related Files
Printable Brochure (Adobe PDF File)

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