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Past Event

An Economic Studies and Initiative on Business and Public Policy Event

The Future of Consumer Payments: An Initiative on Business and Public Policy Discussion

Business, Technology, U.S. Economy


Event Summary

The way consumers pay for products and services is dramatically changing, with cash and checks now accounting for less than half of all transactions and falling fast. What payment technologies lie ahead and how will they change the way our economy works?

Event Information

When

Tuesday, September 16, 2008
8:15 AM to 2:00 PM

Where

Falk Auditorium
The Brookings Institution
1775 Massachusetts Ave. NW
Washington, DC
Map

Contact: Brookings Office of Communications

E-mail: events@brookings.edu

Phone: 202.797.6105

On September 16, Brookings’s Initiative on Business and Public Policy brought together some of America’s leading experts on the evolution of electronic payments, including David H. McCormick, under secretary for international affairs at the U.S. Treasury Department, and American Express CEO Ken Chenault.

Event Audio:

Download part one event audio »
Download part two event audio »
Download part three event audio »

Event Materials:
 
Read the transcript of Chairman Chenault's remarks »
Read the transcript of Undersecretary McCormick's remarks »
 

Participants

Introductions and Moderators

Robert E. Litan

Senior Fellow, Economic Studies

Martin Neil Baily

Senior Fellow, Economic Studies

Keynote Address

Kenneth Chenault

Chairman and CEO, American Express

Panel One

Vijay D’Silva

Director, McKinsey & Company

David Evans

Founder, Market Platform Dynamics

Richard Schmalensee

Howard W. Johnson Professor of Economics and Management, Massachusetts Institute of Technology

Panel Two

Thomas Brown

O’Melveny & Myers

Nicholas Economides

Professor of Economics, New York University

Drazen Prelec

Digital Equipment Corp. LFM Professor of Management, Massachusetts Institute of Technology

Luncheon Address

David H. McCormick

Under Secretary for International Affairs, U.S. Treasury Department


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