Wednesday, April 17, 2019
The Electronic Transactions Association is vibrant with activity in advance of Transact 2019, taking place April 30 through May 2 at the Mandalay Bay Convention Center in Las Vegas. Among the trade association’s latest initiatives for the upcoming expo are the Payments’ NexTen program and a collaboration with the PCI Security Standards Council and EMVCo.
The Payments’ NexTen program, sponsored by Worldpay, provides an opportunity for 10 payments technology startups to be in the spotlight at Transact as they pitch their solutions to a panel of industry mentors. Each participant will receive complimentary registration and exhibit space at the show, where they will be able to network with peers, potential investors and industry leaders, as well as partake of educational sessions designed for new industry entrants.
“The payments industry is at an inflection point of technological revolution, and the entire ecosystem benefits from new and innovative approaches to solving complex problems,” said ETA Interim CEO Amy Zirkle about the Payments’ NexTen program. “ETA is thrilled to partner with Worldpay to bring these leading-edge startups to the epicenter of payments innovation – TRANSACT.”
The ETA noted that 2019 Payments’ NexTen participants were selected by a panel of payments executives, entrepreneurs and investors based on their approaches to solving problems associated with facial recognition and biometrics, the Internet of Things, data, artificial intelligence/machine learning, and contactless payments.
Chosen from a highly competitive pool of applicants, participants include the following:
In line with a shared commitment to providing the payments industry with the requisite resources needed to keep commerce safe and secure, the ETA joined forces with the PCI SSC and EMVCo to co-locate industry events at Transact. The objective is to help attendees deepen their knowledge of the PCI SSC standards and EMV specifications.
Specifically, PCI SSC will hold its Acquirer Forum on Tues., April 30. Acquirers and processors will be able to participate in an interactive discussion about the latest PCI SSC initiatives to protect payment information.
“We are excited to work in partnership with ETA to co-locate our important industry events,” said PCI SSC Executive Director Lance Johnson. “The PCI SSC Acquirer Forum provides an opportunity for acquirers and processors who are Participating Organizations (POs) to provide us with valuable marketplace feedback on payment security challenges and successes.”
In addition, on Thurs., May 2, EMVCo will hold a half-day education session on EMV SRC. Attendees will gain insight into the current e-commerce challenges EMV SRC helps to address, and the benefits and flexibility it can deliver to merchants, card issuers, payment networks, consumers and other stakeholders.
“EMVCo is pleased to be co-locating this free, open education session with Transact,” said Karteek Patel, chair of the EMVCo Executive Committee. “Attendees will be able to learn more about EMV SRC and how it can help address rising fraud levels in global ecommerce while reducing consumer friction during online checkout for card-based payments.”
The ETA noted that Transact provides 4,000 attendees an exhibit hall with more than 200 exhibitors, extensive networking events and forward-looking educational sessions on the groundbreaking technologies, trends and policies shaping the payments industry.
To register for Transact, visit www.etatransact.com. Separate registration is required for both the PCI SSC’s Acquirer Forum the EMVCo SRC educational event.
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