Payment Systems in the Internet Age
Date: Monday, February 6, 2017
The Ballroom at the Kona Kai Resort, San Diego, CA
Save the Date for this afternoon program in San Diego on February 6!
Presentation Resources
- Internet Cash - Jamie McAndrews
- SupiPay Mobile-payment platform - Livia Klimovitsky Szabo
- What is IoT? - Preston McAfee
- Existing, real-life, innovation: when faxes coexist with digital currencies - Bob Mendte
- Digital Currencies and Issues Concerning Moneyness - Bob Eisenbeis
- Speech Text - Patrick T. Harker
- What History Can Teach Us About Digital Currencies - Warren Weber
- What is a CBDC? - Rodney Garratt
Program Video
Event Detail
Payment Systems in the Internet Age
Save the Date for this afternoon program in San Diego on February 6! Scroll down for featured speakers.
The Ballroom at the Kona Kai Resort
1551 Shelter Island Dr, San Diego, CA 92106
1:00 p.m. Registration
1:30 p.m. Welcome – Michael Drury, Chief Economist, McVean Trading and Investments and GIC Chairman
1:30 p.m. Keynote: Patrick Harker, President and CEO, Federal Reserve Bank of Philadelphia
2:30 p.m. Money and Payment Systems: Existing and and Rapidly Developing Systems
- Existing, real-life, innovation: when faxes coexist with digital currencies
- Bob Mendte, President, InsurCard
- Developing innovation, using the global mobile infrastructure
- Livia J. Klimovitsky Szabo, CEO and Founder, SupiPay
- Peter Melerski, Retired Ernst & Young AG Partner and Board Member, Fintech Investor
- Moderator: Stephen Sexauer, Chief Investment Officer, San Diego County Retirement Association
3:15 p.m. Central Banking in the Digital Age: What is Money?
- What history teaches us about digital currencies
- Warren Weber, Retired Senior Research Officer, Federal Reserve Bank of Minneapolis and Visiting Scholar, Federal Reserve Bank of Atlanta
- Money and central banking with digital currencies
- Rodney Garratt, Maxwell C. and Mary Pellish Chair in Economics, UC Santa Barbara and former Vice President of Money and Payments Studies, Federal Reserve Bank of New York
- Moderator: Bob Eisenbeis, Vice Chairman and Chief Monetary Economist, Cumberland Advisors
4:30 p.m. Bitcoins, Distributed Ledgers and the Payment System: Opportunities and Security Challenges
- Security issues in the Internet Age
- Preston McAfee, Chief Economist, Microsoft
- Anonymity and secrecy
- James McAndrews, Former Executive Vice President and Director of Research, Federal Reserve Bank of New York
- Moderator: David Altig, Executive Vice President, Federal Reserve Bank of Atlanta and GIC Board Member
5:30 p.m. Conclusion: Michael Drury, Chief Economist, McVean Trading and Investments and GIC Chairman
Continuing Education
Payment Systems in the Internet Age has been approved for 5 CTFA credits. This statement should not be viewed as an endorsement of this program or its sponsor.
IMCA® has accepted Payment Systems in the Internet Age for 3 hours of CE credit towards the CIMA®, CIMC®, and CPWA® certifications.
This program has been accepted by AFCPE® CEU Department for 4 CE credits. Upon completion of the approved conference or workshop, each Certificant must complete the Proof of Participation section on the CEU Form.
The CFP Board has approved Payment Systems in the Internet Age for 4.00 CE credit hours.
Event Location
Speakers
Patrick T. Harker, Ph.D.
President and Chief Executive Officer, Federal Reserve Bank of PhiladelphiaPatrick T. Harker took office on July 1, 2015, as the 11th president and chief executive officer of the Federal Reserve Bank of Philadelphia. In this role, Dr. Harker participates on the Federal Open Market Committee, which formulates the nation’s monetary policy.
David E. Altig, Ph.D.
Executive Vice President and Chief Economic Adviser, Federal Reserve Bank of AtlantaDavid E. Altig is executive vice president and chief economic adviser at the Federal Reserve Bank of Atlanta. He serves on the executive leadership team for the Bank's economic mobility and resilience strategic priority, is an executive cosponsor of the Working Families Employee Resource Network, and is an adviser to the executive leadership committee.
David Andolfatto
Vice President, Research Department, Federal Reserve Bank of St. LouisDavid Andolfatto is a Vice President in the Research Department at the Federal Reserve Bank of St. Louis. He was a professor of economics at the University of Waterloo (1991-2000) and Simon Fraser University (2000-2009), before joining the Fed in July 2009. Mr. Andolfatto has published several articles in the profession’s leading economic journals; including […]
Michael Drury
Chief Economist, McVean Trading & InvestmentsMichael Drury is the chief economist for McVean Trading & Investments, LLC. He joined the firm in 1992, after serving for five years as senior economist with Allen Sinai at Shearson Lehman Brothers and its successor firms. Michael began his career in New York in 1982 as senior economist at A. Gary Shilling and Company. He received his B.S. in economics from the Georgia Institute of Technology and did his graduate work at the University of Wisconsin-Madison.
Bob Eisenbeis, Ph.D.
Chief Monetary Economist, Cumberland AdvisorsBob Eisenbeis serves as Cumberland Advisors’ Chief Monetary Economist. In this capacity, he advises Cumberland’s asset managers on developments in US financial markets and the domestic economy, their implications for investment, and trading strategies.
Rodney Garratt
Rodney Garratt, Maxwell C. and Mary Pellish Chair in Economics, UC Santa Barbara and former Vice President of Money and Payments Studies, Federal Reserve Bank of New YorkRod Garratt holds the Maxwell C. and Mary Pellish Chair in Economics at the University of California Santa Barbara. He is a theorist who specializes in applied game theory. He is known for his work on strategic incentives in payment systems and has consulted on payment systems for the Bank of Canada, Payments Canada, the Bank of England, the Federal Reserve Bank of New York, De Nederlandsche Bank and the Central Bank of Serbia.
Livia J. Klimovitsky Szabo
CEO and Founder, SupiPayLivia Judith Klimovitsky Szabó (born Oct 12, 1971) is the Founder of Moshulu Group, President of American-Hungarian Chambers of Commerce in multiple States, and Task Force Member of the Payment initiative of the United States Federal Reserve System.
Preston McAfee
Former Corporate Vice President, Chief Economist, Microsoft CorporationPreston McAfee, Former Corporate Vice President and Chief Economist of Microsoft, is an economist who has worked extensively in pricing, auctions, antitrust, business strategy, market design, computational advertising and machine learning applied to exchanges. He is the author of over 100 refereed articles, seven patents and three books.
James McAndrews
CEO and Chairman of the Board of TNB USA Inc.James McAndrews is an economist specializing in money and banking. He is the CEO and Chairman of the Board of TNB USA Inc., a Connecticut chartered bank whose objective is to provide high-yielding safe deposits to institutional investors; it is organized as a narrow bank.
Peter Melerski
Retired Ernst & Young AG Partner and Board Member, Fintech investorAt the age of 16, Peter began an apprenticeship at a local accounting firm in Düsseldorf Germany. This experience started his 27-year tenure at Ernst & Young (EY). Peter served as a certified tax consultant and auditor at EY, where he was also a member of the Supervisory Board. In 2001 EY asked Peter to relocate to Chicago where he worked the German Tax desk.
Bob Mendte
President, InsurCardBob Mendte is the president of InsurCard, which introduced the first widely accepted electronic debit cards for payment of P & C claims. InsurCard’s work with regulators and insurers across the country to gain acceptance of debit products for payment of workers comp claims resulted in written legal approval from most states for the InsurCard program.
Stephen Sexauer
Chief Investment Officer, The San Diego County Employees Retirement AssociationStephen Sexauer is SDCERA’s Chief Investment Officer and oversees SDCERA’s $14 billion Trust Fund, investment team, and investment consultants. In addition to the day-to-day operation of SDCERA’s Investment Division, he also assists SDCERA’s Board with determining the Fund’s investment policies, strategy and asset allocation.
Warren Weber
Retired Senior Research Officer, Federal Reserve Bank of Minneapolis and Visiting Scholar, Federal Reserve Bank of AtlantaWarren Weber was Senior Research Officer at the Federal Reserve Bank of Minneapolis, a position he held for 27 years, until his retirement in 2012. Prior to that he held teaching positions at Duke, Tulane, and Virginia Tech.
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