- Briefing Room
- Consumer Engagement
- Commerce 3.0
You're invited to a discussion, over breakfast on September 19 in Atlanta, of how innovation and regulation is revolutionizing the payments business, with an emphasis on what lawyers should know about this. There’s obviously a lot going now as demonstrated by the Square/Starbucks and PayPal/Discover transactions and the CFPB’s massive settlement with CapOne.
MPD Founder David Evans will give a short presentation on what’s happening in payments innovation, and MPD Managing Director and former head of the Latham & Watkins Financial Regulatory Practice, Brian Smith, will talk briefly about how law and regulation confounds innovation. These presentations will set the stage for a discussion among all of the participants of the challenges in this fast changing business and how to manage all of this change at the same time business as usual must continue. Margaret Weichert, an MPD Managing Director, will be moderating the discussion.
You will be convening a small group (about 20 guests) at the Cherokee Town & Country Club (155 West Paces Ferry Road) starting at 7:45 a.m., with the presentations starting at 8:00 a.m. sharp and the whole program concluding by 9:30 a.m. There’s no charge to attend.
We hope you can join us.
About the panel:
David Evans is an economist who has served as a business advisor to many established firms in payments around the world as well as a number of the startups. The co-author of Paying with Plastic, he has written and spoken extensively on innovation in payments. He is the Founder of Market Platform Dynamics and helped found and serves on the board of PYMNTS.com.
Brian Smith is the former General Counsel of MasterCard and of the Office of the Comptroller of the Currency. Until recently he was the head of the financial regulatory practice at Latham and Watkins where he provided legal and business advice to numerous payment companies worldwide including ones embarking on, or acquiring, innovative products. He is a Managing Director at Market Platform Dynamics.
Margaret Weichert is an entrepreneur who has started two of her own companies and sold one to First Data. She has also proven experience commercializing game-changing technologies, including a range of mobile banking and eCommerce capabilities, unique commercial cash management solutions, Internet Check and Checks by Phone solutions, fraud and risk management solutions, new point of sale technologies and many other payments, risk management and financial services solutions. She is a Managing Director at Market Platform Dynamics.
Market Platform Dynamics (MPD) helps companies profit from industry disruption caused by the introduction of new technologies, new business models and/or new competitive threats. MPD’s Payments Practice includes experts on strategy, operations, and regulation concerning all facets of the payments industry in the US and around the world.
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