Kabira Technologies, Cards & Payments and SourceMedia Present:

Extreme Transaction Processing:

Keys to Meeting the Challenges of the New Payments Marketplace

Originally broadcast: Tuesday December 11, 2007

Replay link will be posted soon

Duration: 1 hour

Speakers:

Penny Gillespie: President, Gillespie International (Guest Analyst)

Paul Sutton: President and Chief Executive Officer, Kabira

Summary

The dynamics of the payments industry in the 21st Century is fueling a rapid evolution of behavior and economics. New competition and the growing mismatch between what payments products have delivered in the past, and what customers want now, force merchants and banks to re-look their current models and offerings. But is current technology infrastructure able to handle the new transaction processing applications that are the consequence of these market factors?

Legacy technologies are wearing thin in their ability to handle the new payments extreme transaction processing pressure. Success lies in being able to handle large scale, high-availability, high performance applications…at light speed. Margins continue to shrink with “plan of record” technologies.

Join extreme transaction processing platform technology value leader Kabira and Penny Gillespie, president of Gillespie International for a discussion of the current payments processing market ecosystem and how to leverage technology to improve agility while better managing investment. Topics include:

• Evolving for the 21st Century
• The Continuing Payment Wars and Managing the Disconnect Between Consumers, Merchants and Banks
• Preparing for Market Leadership
• How to Address Today’s Modern, Large-scale and High-demand Transaction Processing Applications
• Delivering on the “Ilities” (Availability, Dependability, Manageability and Scalability)
• The Emergence of the “Extreme Transaction Processing Platform (XTPP)”

Today’s challenges can become tomorrow’s opportunities as market forces force banks and other financial institutions to review the ability of their current architectures to deal with these forces. Doing business at light speed is inevitable. Doing business at light speed with new agility and cost efficiency is a bonus many companies may not be aware of.

The speakers will discuss various approaches to evaluating an organization’s payment offerings situation and what to consider so they can obtain additional benefits from their investment.

Click here for further information and to register now

Speaker Bios:

Penny Gillespie is a pioneer in electronic banking and bill payment, solving problems in the areas of delayed payments, product and service online usage, compliance, risk and fraud. Before starting Gillespie International, Penny served as a senior analyst at Forrester Research and Giga Information Group. Prior to her role as a senior analyst, Penny held a variety of positions focusing on product strategy and development in the areas of domestic and international retail banking and bill payment, EBPP, and multi-application smart cards.

Penny has over 25 years of management experience in the areas of finance and financial systems and a broad background in the development and use of financial applications. Her accomplishments include: developing the EBPP strategy for the Integrion Financial Network bank consortium, creating the successful international product strategy for Visa Interactive’s retail banking and bill payment product and developing a winning product strategy for their domestic product. Penny has developed other products to include multi-application smart cards for CyberMark (a subsidiary of SallieMae) and numerous financial applications for SallieMae and JCPenney.

Before becoming an analyst, Penny served on the NACHA Council for Electronic Billing and Payment and the IFX committee for Bill Delivery and Payment. As a senior analyst, Penny has appeared on ABC’s Business Now and participated in radio talk shows for CNET, CBS News, NPR, USA Today and the Wall Street Journal. She has also been featured in such publications as the American Banker, Financial Times, New York Times, Newsweek, USA Today, and the Wall Street Journal.

Paul Sutton has more than twenty-five years experience managing break-through software and technology companies. Paul has held positions in executive roles as well as in sales, marketing and technical management. He has grown Kabira to over 100 large customers in more than 30 countries, was the driving force that led the development of Kabira’s unparalleled 64-bit Kabira Transaction Platform and the revolutionary cross-network Kabira Transaction Switch, and won VISA, Motorola and Hitachi as strategic customers and partners. Before joining Kabira Technologies, Paul was vice president of sales and marketing at Intellicorp, a business modeling software company. Previously, he held positions as vice president of sales at Softlab, a computer-aided software engineering firm owned by BMW AG, and as managing director of Boole & Babbage, a system management software company.