Tuesday, October 3, 2017
On day-one of the Electronic Transactions Association's Strategic Leadership Forum, taking place in Dana Point, Calif., from Oct. 3 to 5, 2017, the ETA, in partnership with The Strawhecker Group, released Strategic Leadership Forum (SLF) Special Report on the U.S. Economy. This event and report also help kick off Payments Analytics Month, which was founded by Strawhecker "to highlight the strategic importance of using analytics to enhance decision making while providing payments industry players with a bevy of powerful data," the consultancy stated.
The report, which is focused on the role of the electronic payments ecosystem in the overall economy, is among the benefits enjoyed by more than 500 ETA members worldwide. Among the report's highlights are a U.S. macroeconomic outlook, examination of public payment companies' performance, U.S. retail spending report card, U.S. card-present versus online spending projections, a look at multioutlet merchant concentration, and drivers of volume attrition and growth.
Based on their research data, the ETA and Strawhecker concluded signs are positive for a strong payments sphere going forward. In a press release about the report, the partners listed the following growth drivers as contributing factors to their optimism:
About the forum, the ETA stated, "Every year, the industry's high-level players and their executive teams gather to receive the latest insights from the experts and network with their peers. Attendees received first-access to the latest industry intelligence, including a breakdown of payments-centric economic data and an update on the regulatory and legislative landscape for the industry."
The Green Sheet Inc. is now a proud affiliate of Bankcard Life, a premier community that provides industry-leading training and resources for payment professionals. Click here for more information.
Notice to readers: These are archived articles. Contact names or information may be out of date. We regret any inconvenience.