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Strategic Thinking in a Changing Industry |
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At this time every year, everyone in and around the Electronic Transactions Association is talking about and looking forward to the arrival of the ETA Strategic Leadership & Networking Forum. The forum is one of those rare opportunities when we can step back and get a sense of what the forest looks like, rather than having to deal with individual trees. That’s an extremely important thing to do now and then, whether you’re the CEO of a large public company or an entrepreneur trying to establish a new enterprise.
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Executive Session: SLNF 2007 |
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Among all the conferences and meetings in the payments industry, there really is nothing like the
ETA Strategic Leadership and Networking Forum,” according to Diane Vogt, president of national merchant
services for First Data Corp. and chair of the planning committee for the event. The 2007 forum is scheduled for Sept. 18-20 at The Breakers in Palm Beach, Fla. And like its predecessors, this year’s forum will combine a
number of high-level, interactive discussions with extended time for networking and socializing.
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ACH Steps to the Forefront |
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The Automated Clearing House (ACH) is a secure payment transfer system that operates in batch mode and connects all U.S. financial institutions. It is used for all kinds of fund transfer transactions, including direct deposit of paychecks and monthly debits for routine payments to vendors.
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Traditionally, paying for a taxicab ride with anything other than cash has been a rare occurrence. But credit and debit card acceptance is becoming more common in this market, opening up a raft of opportunities for independent sales organizations (ISOs).
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B2B Payments Enter eCommerce Age |
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Long before consumers pull out their debit cards, businesses buy raw materials, supplies, services and components from other businesses in a $2 trillion-a-year marketplace in the United States. But the electronic transactions industry has had limited success in the business-to-business (B2B) marketplace, which still conducts 80 percent of its transactions the old-fashioned way, with paper invoices and checks floating through the U.S. mail. |
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Online Issues 
