Are you planning to attend NACHA Payments 2010 in Seattle April 25-28? If so, let us know. Glenbrook will be there. Erin McCune and Russ Jones are speaking on the emerging world of social payments and the B2B cash payment challenges. Carol Coye Benson and Jay DeWitt will be meeting with vendors and industry leaders. We’d enjoy talking to you, too, so please reach out.
We’ll be presenting the following:
Web 2.0 & The Emergence of Social Payments
Monday, April 26th
8:00 a.m. – 9:00 a.m.
Social e-commerce and virtual currencies are the new frontier of payments. Person-to-person transfers, charity donations, and micropayments for virtual goods are exploding within social networks. In this session Glenbrook provides an overview of social networks: their reach, who participates, how consumers and businesses interact online, and the increasingly influential role the social web plays in guiding purchase decisions, both online and off. Speakers demonstrate how payments within Facebook, MySpace, and Twitter work today and outline probable future social payment scenarios. Finally, speakers examine the social payment business model: who’s profiting from this emerging payment domain? Presenters explain social shopping, affiliate networks, and the importance of developer networks, APIs and widgets, and transactional advertising and examine how established leaders in eCommerce like PayPal, Amazon, Apple, and Google are enabling social payments. Speakers identify the niche social and micropayment players, including PlaySpan, Jambool, Boku, Zong, Zoura and more.
Russ Jones, Partner, Glenbrook Partners
Erin McCune, Partner, Glenbrook Partners
How Coca-Cola Enterprises is Quenching the Thirst for Alternate B2B Payment Solutions
Monday, April 26th
4:30 p.m. – 5:30 p.m.
Enter the arcane world of B2B cash payments. Most direct-store-delivery (DSD) companies collect COD payment from a subset of their customers, typically small retailers and independent grocers. Literally billions of dollars in currency, coins, and checks are collected by DSD route drivers nationwide and have to be counted, reconciled, locally deposited, and centrally applied to open A/R balances. Coca-Cola Enterprises is in the midst of piloting “cashless delivery” alternatives for its 250,000 retail customer locations that currently pay COD. Learn from Glenbrook and Coca-Cola Enterprises how novel applications of consumer bill payment solutions and receivables products have the potential to completely eliminate payment at the time of delivery, increasing route efficiency, improving employee safety, accelerating cash availability, and reducing cash handling costs.
Erin McCune, Partner, Glenbrook Partners
Sharon Petrey, CTP, Corporate Director Treasury, Coca-Cola Enterprises, Inc.
