Techniques that foster and guide innovation in prepaid on the agenda.
Redwood City, CA—June 3, 2011—Amir Wain, CEO of i2c Inc., a payment processing innovator, will be addressing attendees of the 6th Annual Underbanked Financial Services Forum taking place in New Orleans on June 8-10, 2011. A frequent speaker at payment and prepaid industry events, Wain will speak on the topic of innovation. The conference, sponsored by the Center for Financial Services Innovation, is a meeting place for stakeholders focused on the unbanked and underbanked population.
“Many companies, whether large or small, do not have a framework for approaching innovation,” said Wain. “There can be many innovative applications of prepaid but without a structured approach, using proven concepts that encourage critical thinking, these companies risk expending time and money creating solutions that do not address underlying problems.”
Wain’s presentation will explore how to approach the task of innovation, in general, and specifically related to prepaid, using conceptual models designed to help attendees determine where and how to focus their innovation efforts. Strategies that facilitate innovation in prepaid programs, a topic Wain and his company are known for, will be given special focus. Wain says the level of success enjoyed by prepaid card portfolios pales in comparison to the success of credit and debit card portfolios, and therefore, the topic of innovation is particularly crucial for those interested in prepaid.
To launch and manage a successful prepaid program, it is essential that companies understand what will propel their prepaid programs forward. I will share my thoughts, tips, and recommendations on this topic with attendees at the conference,” said Wain Wain’s presentation will take place on June 9, 2011. More information on the 6th Annual Underbanked Financial Services Forum can be found at http://www.americanbanker.com/conferences/cfsi/