ALEXANDRIA, Va. (6/24/14)--The National Credit Union Administration announced Monday that it will be holding a free webinar on mobile applications.
The virtual event, titled "Mobile Applications--The Next Step," is set to take place on July 9 at 2 p.m. (ET). Speakers include:
The panel will be hosted by Dominic Carullo, economic development specialist at the NCUA Office of Small Credit Union initiatives.
In a press release, the NCUA said that participants "will hear from credit unions that have successfully developed and implemented their own mobile strategies."
Mobile applications was one of the hot topics at this year's Credit Union National Association Payments Roundtable in May in Las Vegas.
For instance, Jason Oxman, CEO of Electronics Transactions Association, told roundtable participants that about 70% of consumer spending is being done electronically and there are one billion plastic cards in circulation in the United States today.
"Clearly, consumers love electronic payments. They also love mobile phones. There are 325 million mobile phone subscriptions in the U.S. and about 65% of those mobile phones are smartphones," Oxman said. "If consumers love electronic payments, and if consumers love mobile phones, the logical conclusion is that there's high potential for acceptance of mobile payments (News Now May 7)."
See the resource link for webinar registration.