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NYPay Forum for Payments Professionals in New York Metro Area

Tags » Banking Industry, Card Payments, TransUnion  » Comments (0)

NYPay has announced its formation as "New York City's premiere networking forum for professionals in the payments industry."

The organization conducted its initial launch meeting on June 15th, hosted by co-founding member Hughes, Hubbard & Reed, and attended by dozens of its charter members. The meeting focused on the theme "The Future of Payments" with a presentation made by the Mercator Advisory Group on "Driving Payment Trends through POS Technologies." NYPay co-founding members from Edgar, Dunn & Company, TransUnion, CashEdge, and Hughes, Hubbard & Reed moderated the event.

NYPay is designed to provide a professional networking forum for the exchange of views and ideas among active professionals within the payments industry that are located in the New York City metro area. The group interacts via an online user group and at regular face-to-face functions that will focus on current payments trends and issues. Anita Boomstein of Hughes, Hubbard & Reed provides the association's legal representation and expertise on laws relating to payment systems.

"NYPay brings together professionals in a collegial setting to network and dialogue on relevant issues in the dynamic payments industry," said Ronald Mazursky, director, Edgar, Dunn & Company. "The model for this professional forum is based on the successful West Coast association, BayPay, which EDC co-founded in 2005 with membership now in the hundreds of active professionals."

"NYPay provides a much needed opportunity for payments professionals to stay current on industry developments while connecting with colleagues from various institutions. CashEdge is pleased to be involved as a founding member," said Demetris Papademetriou, Director, CashEdge, Inc.

Based on NYPay's stated membership profile, the association is seeking active professionals involved in the Financial Services Industry payments field who can contribute to the forum's regular discussion groups. Membership is by invitation only.

The next in-person meeting will be held on Thursday, September 14, 2006, from 5:30 p.m. to 7:00 p.m. For more information contact: romina.abal@edgardunn.com.

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