Peter Shortall of MasterCard Advisors makes an unusual prediction on the fate of plastic and how it will play into the convergence of mobile phones and ATMs. (From the ATM & Mobile Executive Summit.)
When you look at the demise of stores like Best Buy and Blockbuster, it's easy to see why physical retail stores, at least mid-market ones, are going out of business. The value proposition these stores used to afford to the consumer is simply not there anymore, because the Internet makes things cheaper and more robust.
"The technology is proven," says Peter Shortall of MasterCard. "And consumer adoption is wide." Peter argues that the foundation of existing consumer usage will lead to swift adoption of new mobile technologies. (From the ATM & Mobile Executive Summit.)
Consumers are in the driver's seat, but what's motivating them? Peter Shortall of MasterCard explains what has to happen to create a compelling consumer value proposition. (From the ATM & Mobile Executive Summit.)
An audience member asks whether the mobile/ATM application adds a sufficient layer of authentication such that EMV would not be necessary. (From the ATM & Mobile Executive Summit.)
"The ATM is still our most-used channel." Wayne Malone, head of Citishare and global ATMs, discusses the synergy between ATMs and mobile phones within Citi's massive network. (From a panel at the ATM & Mobile Executive Summit.)
An industry overview of the convergence by Mark Critchett, NCR's marketing director, payments and multichannel solutions. (From a panel at the ATM & Mobile Executive Summit.)
Mobile technology has evolved to the point where it is in almost everyone's pockets, and that can make a big difference in the event of natural disaster. Japan's tsunami, Hurricane Katrina, the Haiti earthquake and typhoon Haiyan, all of these...
With consumers empowered by technology, there's no turning back, ATMIA head says at ATM& Mobile Executive Summit.
Mike Lee, CEO of ATMIA, participated in a debate at the recent ATM & Mobile Executive Summit in Washington D.C. "It's reached a point where you innovate or die," he said. According to Mike, different types of cardless ATM transactions are quickly rising around the world.
Payments industry leaders air views during ATM & Mobile Executive Summit panel discussion.
With increased scrutiny since the financial crisis, banks now viewed as utilities.
The premise of last week's Summit was that the ATM, a 50 year-old technology, is converging fast and furiously with mobile.
After a successful inaugural event, plans are already under way for the 2014 event.
As banks shift to true multichannel systems, the consumer, not the devices, should be the center of attention.
Kurt Helwig, president of the Electronic Funds Transfer Association, talks about some of the speakers and topics lined up for this month's inaugural ATM & Mobile Executive Summit, September 25-26 in Washington, D.C. Helwig is interviewed by Bob Bucceri, partner...
Tom Harper, publisher of ATM Marketplace and Mobile Payments Today, discusses what happens when a ubiquitous technology meets a disruptive upstart.
A new white paper addresses basics of ATM/mobile convergence; an upcoming summit will address the more complicated aspects.
ATMIA CEO Mike Lee sees a future of monetary coexistence.
Account holders can order checks, deposit up to $100K annually into FDIC-insured accounts.