MADISON, Wis. (10/28/14)--They're perhaps the two hottest words in payment technology right now: Apple Pay.
And CUNA's Center for Professional Development (CPD) is ready to bring all who are interested up to speed on the widely talked about tokenization payment technology.
On Wednesday at 2 p.m. (CT), CPD will host an hourlong webinar dedicated to the "Latest Developments of Apple Pay" during which John Best, CEO of Best Innovation Group, will share up-to-the-moment information on the evolution of the product.
"Apple Pay is the seismic event that the mobile payments industry has been waiting for," Best told News Now in an email. "No matter whether you are pro-Apple Pay or a detractor you can't deny Apple's market power.
"Understanding it is important to you and your membership," Best added.
The webinar, which has been endorsed by CUNA Councils, will be beneficial for all credit union professionals interested in gaining insight on Apple Pay, which utilizes a type of tokenization payment technology that generates a random sequence of numbers or letters that is used instead of a card's primary account number when a transaction is made.
The session will include:
Webinar registration is open to all CUNA-affiliated organizations, and attendance is free for all CUNA Council members. Registration is required.