SOURCE: AP Technology

AP Technology

April 18, 2016 09:02 ET

AP Technology Goes Hollywood With Mobile Payments at Annual NACHA and Transact 16 Conferences

Actor/Producer Kevin McCorkle and Analyst Daniel Csoka Join Payments Pioneer AP Technology Onstage to Discuss Making Mobile Payments a Box Office Success for Businesses

PHOENIX, AZ and LAS VEGAS, NV--(Marketwired - April 18, 2016) -  Actor Kevin McCorkle has approximately 100 movie and TV appearances under his belt, performing alongside some of Hollywood's biggest stars. Also the co-owner of a successful production company, McCorkle takes the stage today and tomorrow to appear with mobile payment experts Richard Love and Greg Wilfahrt from AP Technology as they address attendees at the annual NACHA Payments and Transact 16 Conferences. Joining the trio onstage during the Transact 16 show in Las Vegas is renowned mobile analyst Daniel Csoka, Managing Director of Mobile Money Matters.

Thousands of executives from leading companies and financial institutions are gathered this week in Phoenix (NACHA Payments 2016) and in Las Vegas (Transact 16) for two of the country's largest conferences dedicated to the electronic movement of money and data in the U.S.

Today's mobile payments panel at NACHA Payments 2016 is titled, Mobile Payments Using ACH: The Better Way to Pay, with the session featuring McCorkle, Love, and Wilfahrt. Tomorrow (April 19), that trio is joined onstage by Daniel Csoka for a panel at Transact 16 (powered by the Electronic Transactions Association). This session, titled Mobile Transactions and Data in the Wild West: The Good. The Bad. And the Ugly, will use a "Wild West" theme as an entertaining way to show attendees how to strike gold through strategic mobile payment initiatives, using "data" as a focal point. Both mobile payment sessions feature insights from innovators that are impacting the future of electronic and mobile payments spaces, today:

  • Richard Love is CEO and founder of AP Technology. A pioneer in the field of payments for nearly 30 years, Love is the holder of several patents, and his company's software processes more than $30 billion annually for AP Technology customers. Love was instrumental in architecting his company's cloud-based and mobile-rich payment platform, called APeChecks (pronounced ape-checks). APeChecks powers AP Technology's latest pioneering payment product for businesses, also co-designed by Love -- SecureCheck Cloud 9.
  • Daniel Csoka is managing director of Mobile Money Matters, a global FinTech media, analyst, and consulting firm. Csoka also serves as a member of the Federal Reserve Faster Payments Task Force. Csoka created and brought to market award-winning payments systems and mobile technologies utilized by over 200M people worldwide. An often quoted industry expert in the mobile and payments space, Daniel Csoka helped pioneer industry firsts, including cash-based mobile money transfers, international loyalty programs and unbanked initiatives.
  • As an actor, Kevin McCorkle has more than 100 movie, TV, and commercial credits to his name, while working with the biggest names in Hollywood. McCorkle's acting reel features appearances in The Amazing Spider Man, Criminal Minds, The Island, General Hospital, The Young and The Restless, and even includes a 10-year stint playing the role of Tiger Woods' caddie in TV commercials. Kevin McCorkle is co-founder of his own production company, Free Lunch Productions, giving him a unique perspective on mobile payments. On McCorkle's future project wish-list is the creation of a mobile app that showcases exclusive content from actors that can be monetized to help support cause-related organizations. McCorkle is a cancer survivor that is available for corporate and inspirational speaking engagements.
  • Greg Wilfahrt is Chief Mobility and Marketing Officer at AP Technology. Wilfahrt will moderate the mobile payment panels at both the NACHA Payments 2016 and Transact 16 events. Immersed in mobile technology for nearly 20 years, Greg Wilfahrt co-founded several companies, including a mobile community with nearly 60 million users, achieving mobile billing integration with wireless carriers in 180+ countries. Last year, Wilfahrt co-authored The Mobile Payments Bill of Rights with Richard Love. Wilfahrt's commentaries on mobility, payments, marketing, social media and technology have appeared on/in CNBC Europe, FOX News, NY Times, Forbes, Businessweek, and more news outlets.

"The question isn't whether mobile payments will proliferate, but rather, how can we all leverage this anywhere-anytime opportunity to drive revenues effectively," said Richard Love of AP Technology. "Worldwide, consumers are already transacting $620 billion via mobile devices this year," added Love, referencing a 2016 report from Taiwan-based analyst firm, TrendForce. "The B2B sector is moving that number considerably higher. Imagine the amount of data associated with those transactions and what can be done with that information to create awesome experiences on both sides of the transaction. That's what we'll explore onstage at the NACHA and Transact events."

Kevin McCorkle says that he shares Love's enthusiasm over the opportunities presented by transacting via mobile devices and believes that user reviews will advance-or inhibit its growth. "Adoption of mobile devices as the go-to method for payments will depend largely upon user experiences," stated McCorkle. "As in acting, it's all about performance, from ease of use, to security, ubiquity, speed, and the value users get as a result of using a mobile device over some alternative form of payment. What's not to like about the ability to do business securely, at any time, wherever we are? Mobile payments are re-shaping the way we conduct business."

Unfortunately, as transactions increase via mobile devices so does fraudulent activity and criminals become more creative as they look for ways to exploit on-device payments. Security is foremost on the mind of end consumers, says analyst Daniel Csoka, with use of data a major concern. "Even though there still remains a lack of confidence in payments made using mobile devices, more consumers and businesses are becoming enamored with mobile as a better way to pay.

"Much is being done to evangelize mobile transactions as a secure method of payment," Csoka continued. "I think that message is beginning to resonate positively in business and consumer sectors. Now the attention is turning to the goldmine that is `data.' And with the growth of data generation brought on by the Internet of Things, the use and protection of personal and corporate data will have an enormous impact on mobile payment growth during the next five years. Transact 16 attendees will enjoy the session we've prepared, whether they already have a mobile payment strategy, or are looking to formulate one."

As moderator of both the NACHA Payments 2016 panel and the Transact 16 session, Greg Wilfahrt says that he is looking forward to discussing a wide range of mobile payment topics with his assembled panel of payment experts. "Attendees are in for a pair of enjoyable sessions," said Wilfahrt. "We have a super-accomplished actor-producer that `gets' mobile payments as few do, a pioneer in payments that is architecting the actual payment systems we use, and one of the foremost analysts in the wireless space to provide analytical insight. I am confident that our payment practitioners will capture the essence of mobile transactions from very different perspectives in two very entertaining panel sessions," Wilfahrt said.

At last year's Mobile Payments Conference, AP Technology unveiled a "Mobile Payments Bill of Rights," co-authored by Love and Wilfahrt. Wilfahrt traveled to Washington, D.C. and presented the Bill of Rights to members of Congress on Capitol Hill as a "best practices" document that he says is designed to help guide businesses toward adopting mobile payment standards that promote growth, confidence and accountability in wireless transactions.

About AP Technology

AP Technology is a Carlsbad, California-based company that processes $30 billion in payments annually for a growing base of 6,000 customers that includes financial institutions, government organizations, universities, and an array of businesses. After nearly 30 years, AP Technology continues to define and evolve the payments industry with disruptive software products providing next-generation security, efficiency, speed, mobility, and data management. AP Technology's suite of payment products includes APSecure, SecureCheck Cloud 9, SecurePay, and APeChecks. For more information on AP Technology products, please visit www.aptechnology.com.

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