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Venue

Fontainebleau Miami Beach
4441 Collins Avenue
Miami Beach, FL 33140

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Wednesday, April 27, 2011

12:00 PM - 2:30 PM

WORKSHOP A: PREPAID AND TRADITIONAL DEBIT: WHAT'S THE DIFFERENCE, WHY DOES IT MATTER, AND WHAT CAN IT DO FOR YOU?

Moderator: Cathy Corby Parker, Chief Strategy Officer, TRANSCARD, LLC.
Jim Johnson, SVP, Payments, FIS

Regulatory changes threaten the viability of the traditional debit card economic model; yet some prepaid cards have exclusions from the new regulations. Also, prepaid cards are processed on newer, more flexible platforms with features that can add value beyond what can be delivered via traditional debit platforms. In this workshop, you’ll hear about the differences between prepaid and traditional debit platforms, products and regulations.

KEY TAKEAWAY: The session will identify where opportunities exist for financial institutions to migrate debit customers to prepaid to improve the performance of their consumer debit card business, and it will discuss the financial and operational considerations of doing so.

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