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NewsBriefs

Following are excerpts from news stories recently posted under Breaking Mike Camerling, CEO at AEVI, said bank and processors,
Industry News on our home page. For links to these and other full working together, can help businesses accelerate payment
news stories, please visit www.greensheet.com/breakingnews. flows. "By looking beyond payments, they can help busi-
php?flag=previous_breaking_news. nesses run more efficiently and add value to differentiate,"
he said. "We're seeing a power shift as merchants take con-
trol and enable the journey for their customers."

The Green Sheet spoke with a number of additional
executive at the conference. Their perspectives are shared
in the full news article.
Monitor conference attracts equipment
finace revolutionaries

Nearly 100 equipment finance executives convened at
Philadelphia's Museum of the American Revolution on
Nov. 6, 2019, to examine technology's impact on their
Money20/20 spotlights diverse, Money20/20 evolving industry. Monitor, an industry trade publication
spotlights diverse, convergent journeys forward and resource for equipment finance professionals,
hosted Equipment Finance Disrupted+, the first in a new
Technology startups and legacy brands gathered Oct. 27 conference series. The one-day event included a mix of
to 30, 2019, at the Las Vegas Sands Expo and Convention keynote presentations, panel discussions and networking
Center for Money20/20 USA. This year's theme, Journey opportunities.
to the Future of Money, was reflected in more than 500
presentations, networking meet-ups and trending hashtags Eduardo Del Rio, cofounder and president of AA Bankers,
#Money2020 and #Money2020USA. The conference drew a working capital solutions company, found the conference
more than 2,300 senior executives and 3,400 companies, enjoyable and thought-provoking. "It's important for
according to event organizers. finance leaders to think outside the box and not just stick to
what we know," he said. "The information was interesting,
Designed to stimulate connections, insight and especially the demonstrations about how businesses can
growth, the event provided a platform for speakers and leverage technology."
attendees to examine a "faster, smoother, more connected
money ecosystem," organizers stated. The ambitious In opening comments, keynote speaker Deborah Reuben,
agenda, aimed at consolidating the entire commerce president of Reuben Creative, challenged the audience
value chain, provided numerous examples of how to look ahead, recognize trends and create a technology
technologies are reshaping the customer experience. watch list. "Think about what's possible at the intersection
of multiple technologies," she said, pointing out that
Ralph F. Martinez, head of ACH sales at transmodus, advanced technologies are augmenting, rather than
doing business as linked2pay, observed a diversity of replacing, existing systems. Examples included mobile,
perspectives about how to make money faster, more cloud computing, IoT, automation, blockchain, 3-D
secure, engaging, seamless, global and transparent. "From printing, robotics and virtual reality.
small to giant brands, panel discussions and keynotes
reflected a healthy sense of competition," he said. "The Bill Verhelle, CEO at Innovation Finance USA, launched a
common conference theme is that the consumer is king!" mobile app from scratch after serving as co-founder and
CEO at First American Commercial Bancorp from 1996 to
Craig Ramsey, head of real-time payments at ACI 2012. Twenty years after starting First American, Verhelle
Worldwide, said, "Digital products, layered over real-time was ready to begin a new company on a clean slate. He
payment rails, will give banks more reasons to use real- was among the innovators who shared their experiences
time payments. Solutions include request for payment, at the conference.
merchant engagement and mobile phone manufacturers
plans to embed real-time payment initiation services into Women cross borders for diversity in payments
the phone."
Following a long-standing tradition of cooperation among
It's not just success examples that we are studying, payments enterprises to expand business prospects while
Ramsey added, but less successful examples that can help bettering the industry, two organizations formed a prom-
service providers identify areas of interest and avoid time- ising alliance last week. Having determined they share a
wasters. Swift compliance, Fed wire standards, changes mission to create better opportunities for women and the
in public mindset and continuing cooperation among men who advocate for them in the fintech and payments
industry stakeholders will continue to take quite a bit of industries, the Women's Network in Electronic Transac-
effort, he noted. tions (Wnet) and the European Women Payments Network
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