Cutting Edge Issues in Mobile Payment Systems New business models and associated legal issues
Friday, May 18, 2012 - Saturday, May 19, 2012
04:00 AM GMT - 04:00 AM GMT
Who Should AttendAttorneys; business executives in the wireless, mobile device, applications development, technology and venture capital industries; business consultants and governmental officials
Why You Should AttendMobile payments are attracting considerable attention from financial institutions, carriers, investors, merchants and consumers. Contactless technologies such as near-field communication and remote payment solutions that allow for more rapid or advanced checkout and a range of value-added services and value propositions are rushing to market.
The business models and associated legal issues for these offerings can be complex, as the roles of the many players continue to evolve. Such programs implicate financial services regulation, privacy and data security telecommunications regulation, consumer protection, and a range of other legal and regulatory issues with few settled answers.
Just as important, the need for close collaboration among companies with widely varying cultures and approaches to compliance calls for a deep appreciation of the constraints under which the various participants in a mobile payment ecosystem must operate.
This conference will address various business models and platforms for mobile payments, state and federal banking and financial services regulation, and their application to mobile payments, the international experience, privacy and data security, the regulator perspective, and offer varying viewpoints from the many participants and supervisors of these complex systems.
What You Will Learn
Platform options and network economics
Regulatory and business ecosystems abroad
Bank Secrecy Act, anti-money laundering compliance
Consumer payments and transferring funds: Regulations E and Z
When "deposit taking" triggers regulation
Emerging payment models, building scale through partnerships
Technologies: Cloud computing, NFC and TSM
Mobile innovations for retail
Privacy and data security challenges
Federal regulatory considerations