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2007 EPRG Contactless Forum

Monday, May 21, 2007
Federal Reserve Bank of Boston

The Emerging Payments Research Group hosted a forum that brought together invited industry experts, academics, and Federal Reserve System payments professionals to explore consumer and merchant payment choices related to contactless (RFID) technology, examine security risks and vulnerabilities with RFID-enabled payments, and finally look at future adoption—the barriers and the opportunities with contactless smart cards.

Biographies of Speakers and Industry Participants pdf

Roundtable Participants pdf

Agenda and Presentations

8:00 AM Registration and Continental Breakfast
9:00 AM

Introductory Remarks
Nasreen Quibria
Payments Industry Specialist, Federal Reserve Bank of Boston
9:15 AM

Welcome Address remarks
Paul Connolly
First Vice President & COO, Federal Reserve Bank of Boston
9:30 AM 

The Merchant Perspective

Introduction
Nasreen Quibria
Payments Industry Specialist, Federal Reserve Bank of Boston

Transit
Steve Frazzini
Chief Officer, MTA New York City Transit

Paul Korczak presentation pdf
Assistant Chief Officer, MTA New York City Transit

QSR
David Tryder presentation pdf
Interactive and Relationship Marketing, Dunkin’ Donuts

Drug Store
Peter Nash presentation pdf
Director of Store Treasury Operations, CVS/pharmacy
10:50 AM Break 
11:00 AM Roundtable Discussion presentation pdf
12:00 PM

Lunch

Luncheon Address
Jim Cunha
Senior Vice President, Federal Reserve Bank of Boston

Jeffrey Fuhrer
Executive Vice President & Director of Research, Federal Reserve Bank of Boston
1:15 PM

Data Security Risks

Introduction
Marianne Crowe
Vice President, Federal Reserve Bank of Boston

RFID Lab Research
Kevin Fu presentation pdf
Assistant Professor, University of Massachusetts Amherst  

Roundtable Discussion
3:00 PM  Break
3:15 PM

A Look Ahead

The Opportunities
Randy Vanderhoof presentation pdf
Executive Director, Smart Card Alliance

The Barriers & Risks
Karen Webster presentation pdf
President, Market Platform Dynamics
4:00 PM 

Closing Remarks
Daniel Littman presentation pdf
Senior Payments Research Consultant, Federal Reserve Bank of Cleveland
4:30 PM  Adjournment