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Elavon's Johnson to speak at Innovation Project 2013 event

Friday, March 15, 2013 — 13:36:35 (EDT)

Atlanta, March 15, 2013 --Elavon, a wholly owned subsidiary of U.S. Bancorp (NYSE: USB) and a leading global payment solutions provider, today announced that Marianne Johnson, head of global product and innovation, will speak at the Innovation Project 2013, hosted by PYMNTS.com taking place March 20th-21st at the Harvard University in Cambridge- MA. Johnson will participate in the session entitled The Architecture of Innovation and will discuss how Elavon has created an innovation agenda that includes both internal initiatives as well as key partnerships with emerging solutions providers. Moderated byJosh Lerner, Johnson will be joined by other payments industry leaders.

Elavon recently opened a mobile innovation center at its Atlanta headquarters focused on new technology and product development for mobile payments. “Our focus will be on technologies that enable merchants to accept payments via mobile devices while also ensuring the ease of use and safety of the transaction from the customer’s perspective,” Johnson said. “As mobile payments become more acceptable by merchants and customers alike, technology must keep pace with the needs on both sides of the transaction.” Elavon’s parent company, U.S. Bank, is a leader in mobile banking technology, making mobile payments technology a natural point of focus for Elavon.

In addition to its internal innovation focus, Elavon has launched partnerships that capitalize on new technologies and solutions that have entered the marketplace, including the recent addition of NCR Silver to its portfolio of payments solutions and the acquisition of Collective Point of Sale Solutions Ltd. (Collective POS) in Toronto, Canada.

The Innovation Project 2013 will assemble the most senior executives and elite innovators from just about every established payments company worldwide, and CEOs of the most innovative startups to change the conversation about how to create, ignite and scale innovation.

“We are so pleased Marianne Johnson will be attending the Innovation Project 2013. Marianne’s deep expertise and perspectives in the areas impacting the payments industry today will be of great value to our delegates,” said Karen Webster, CEO at market platform dynamics.

For additional details and a comprehensive look at the Innovation Project 2013, visit: theinnovationproject2013.com/ .

About The Innovation Project

Over 2 days, 100 speakers and 500 senior members of the payments industry will change the way that the payments and its broader commerce ecosystem thinks, talks, delivers and ignites innovation. On March 20th and 21st the greatest minds in commerce and payments will assemble at Harvard University near Boston to kick the conversation about innovation up to an entirely different level at a program called The Innovation Project. Speakers and delegates are among the most senior executives and elite innovators from literally every established payments company worldwide, along with the CEOs of the most innovative start-ups in the space. One of its five modules includes pairing industry CEOs with external thought leaders such as Al Gore (former US VP), Steve Levitt (Freakonomics), Eric Reis (The Lean Start Up), Rosie Rios (US Treasurer), Russell Simmons (Rush Card), Raj Date (CFPB), and Josh Lerner (Architecture of Innovation) to challenge the conventional wisdom around what it will take to get merchants and consumers to adopt new ways to shop and pay. Warren Buffett is the program’s keynote. The Innovation Project also hosts the industry’s 2013 PYMNTS.com Innovator Awards, given to 15 of the industry’s top innovators over dinner, which this year will be emceed by B.J. Novak of The Office and will introduce delegates to 40 of the hottest “next generation” payments innovators.

About PYMNTS.com

PYMNTS.com is reinventing the way in which companies in payments share relevant information about the initiatives that shape the future of commerce and make news. This powerful B2B platform is the #1 site for the payments industry by traffic and the premier source of information about “what’s next” in payments. C-suite and VP level executives read it daily for these insights, making the PYMNTS.com audience the most valuable in the industry. It provides an interactive platform for companies to demonstrate thought leadership, popularize products and, most importantly, capture the mindshare of global decision-makers. It’s where the best minds and best content meet on the web.

About Elavon (www.elavon.com ): Elavon is wholly owned by U.S. Bancorp (NYSE: USB) and provides end-to-end payment processing solutions and services to more than one million merchants in the United States, Europe, Canada, Mexico, Brazil and Puerto Rico. Elavon markets solutions including credit and debit card processing, electronic gift cards, dynamic currency conversion, multi-currency support, and cross-border acquiring through multiple alliance channels including financial institutions, trade associations, and third party sales agents. Elavon’s suite of solutions is tailored to meet the needs of merchants in specialized markets such as retail, hospitality/T&E, health care, education and the public sector.

About U.S. Bancorp (www.usbank.com ): U.S. Bancorp (NYSE: USB), with $354 billion in assets as of December 31, 2012, is the parent company of U.S. Bank, the 5th largest commercial bank in the United States. The Company operates 3,084 banking offices in 25 states and 5,065 ATMs and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions.

The Green Sheet Inc. is now a proud affiliate of Bankcard Life, a premier community that provides industry-leading training and resources for payment professionals. Click here for more information: bankcardlife.com?orid=33533&opid=1 .

Source: Company press release. end of article

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