Hawaii Payments Symposium

Agenda

Thursday - May 16, 2019

1:00 - 6:00 PM

Payments Issues Keeping Executives Up at Night (Panel Discussion)

Change is a constant, and the world of payments is no different. Faster payments, new delivery channels and concerns of fraud are all top of mind with WesPay’s financial institutions members. WesPay CEO, Bill Schoch, will lead a panel of industry executives in a lively discussion to explore areas you may wish to consider within your organization.

Moderator:

Bill Schoch President and CEO, WesPay


Immediate Payments…More than Just Fast

RTP is the newest payment network and the only network that supports real time clearing and settlement. However, this network is more than a fast way to process payments. RTP allows financial institutions to offer products and services featuring rich payment related data. The network reduces risk by featuring an emphasis on identification and verification as a key element of payment origination. Beyond just being a platform for developing new products and services, it is revolutionizing traditional payment services such as bill pay by reducing expense and opening up new revenue streams. Join us for this session and learn why RTP is more than just fast payments.

  

Tim Mills
VP, Business Development
The Clearing House

Why Hawaiian Institutions Must Comply with New California Privacy Act

The California Consumer Privacy Act becomes effective January 1, 2020. This legislation is the broadest privacy law in the US, with other states looking to adopt similar laws. Its impact will be significant, as it grants broad rights to California consumers (whether customers or not) in terms of providing disclosures on what has been collected, what has been sold, a right to have information deleted (also known as a right to be forgotten) and opt-out and opt-in rights. In this session, Deb Thoren-Peden will highlight key areas you need to know and prepare for as privacy laws develop throughout the country.

  

Deborah Thoren-Peden
Partner
Pillsbury, Winthrop, Shaw, & Pittman, LLP

News from the Federal Reserve

The Federal Reserve is growing services to better assist its payments customers. Beyond just ACH processing, the Fed has a new case-management system for exceptions, an additional Same-Day ACH processing window and even a proposal for Real-Time Gross Settlement and a Liquidity Management Tool. This session is a must to gain a full understanding of what’s new at the Fed.

  

Steven Jung
Regional Sales - Customer Relationship and Support Office
Federal Reserve Bank of Chicago

Fintechs: Friend or Foe?

One of the issues we hear more and more is how Fintech organizations are taking business from smaller financial institutions. Couple that with another looming problem; many smaller banks and credit unions have abandoned the business of international payments to consumers as a result of Dodd-Frank. During this session, Evan Shelan, Chairman and Founder of eZforex, will discuss solutions to consumer international payments and how some Fintechs are working with financial institutions to maintain their accountholders and provide much-needed solutions.

 
 

Evan Shelan Chairman and Founder
eZforex.com