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?
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 »
Agenda
-
September 16
-
Introductions and Moderators
Robert E. Litan Nonresident Senior Fellow - Economic Studies, Center on Regulation and Markets @BobLitan -
Keynote Address
Kenneth Chenault Chairman and CEO, American Express -
Panel One
Vijay D’Silva Director, McKinsey & CompanyDavid Evans Founder, Market Platform Dynamics -
Panel Two
Thomas Brown O’Melveny & MyersNicholas Economides Professor of Economics, New York UniversityDrazen 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
-