SOURCE: The Smart Card Alliance

The Smart Card Alliance

January 06, 2010 09:42 ET

Convergence of Banking, Retail, Transportation and Mobile Payments the Focus of the Smart Card Alliance 2010 Payments Summit

PRINCETON JUNCTION, NJ--(Marketwire - January 6, 2010) - The accelerating widespread acceptance, usage and application of contactless and NFC mobile payments in transit and retail will be the focus of the Smart Card Alliance 3rd Annual Payments Summit. The event is being held February 23rd - 25th, 2010 at the Marriott City Center Hotel in Salt Lake City, Utah.

The Payments Summit brings together members of the Smart Card Alliance's Contactless and Mobile Payments Council and its Transportation Council. This includes representatives from transportation authorities, issuing banks and payment brands, retailers, mobile technology suppliers, chip and card manufacturers, terminal manufacturers, payments processors, and transit and payment systems integrators.

"With transit and retail markets both involved in successful open bank card projects involving contactless, mobile and NFC payment technologies, this unique Summit provides an intimate forum for an interactive exchange among all stakeholders to meet and discuss their experiences, as well as network with different industry representatives about the opportunities and obstacles for convergence that lie ahead," said Randy Vanderhoof, executive director of the Smart Card Alliance.

Speakers from U.S. and international card issuers, transport operators, mobile operators, and campus integrators have been invited to update attendees on implementations of advanced credit, debit, prepaid, and stored value payment systems used by millions of consumers. The Summit will include sessions on exciting new trends and projects within a broad range of topics, including: current U.S. and international transit programs, contactless payments, NFC/mobile payments technology, prepaid cards, payments industry fraud, EMV, and payments security technologies. In addition to sessions for both the transit and retail industry representatives, time is set aside in the agenda for separate breakout sessions focused on topics relevant to each market and for discussions about emerging developments.

The two-day Summit concludes with a free optional third day half-day tour of the Utah Transit Authority's contactless fare payment system -- the first commercial contactless open bank card roll-out for transit in the United States.

As part of its new Leadership, Education and Advancement Program (LEAP) program aimed at individual professional development and training, the Smart Card Alliance will also offer the second Certified Smart Card Industry Professional (CSCIP) Certification exam at the conclusion of the Summit conference portion of the event on February 24th. The Alliance is offering a full-day CSCIP Exam Preparation Course on Monday, February 22nd. Information on CSCIP requirements, training modules, exam registration and fees can be found on the Smart Card Alliance LEAP Web site.

More information and registration information on the Payments Summit is available on the Smart Card Alliance Web site, http://www.smartcardalliance.org.

About the Smart Card Alliance

The Smart Card Alliance is a not-for-profit, multi-industry association working to stimulate the understanding, adoption, use and widespread application of smart card technology.

Through specific projects such as education programs, market research, advocacy, industry relations and open forums, the Alliance keeps its members connected to industry leaders and innovative thought. The Alliance is the single industry voice for smart cards, leading industry discussion on the impact and value of smart cards in the U.S. and Latin America. For more information please visit http://www.smartcardalliance.org.

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