by Jordan Graham
High-profile payment industry executives visit Boston this week to talk about the future of how we pay for things at an exclusive, invitation-only conference.
“It’s really about bringing together the elite innovators in the payments and commerce space to have two days of discussion about where the payments and commerce system is going,” said Karen Webster, president of pymnts.com.
The Innovation Project, a two-day conference at Harvard starting tomorrow, will be 48 hours of high-level executives from companies such as MasterCard to Boston-based LevelUp discussing bitcoin, payment security and everything in between.
Security will be a key topic this year, Webster said, in large part thanks to the high-profile Target breach. Also high on the agenda will be bitcoin and changing retail environments, including mobile wallets.
“Everyone has an interest in resolving the issues that we put forward,” Webster said. “It’s the opportunity to really put the collaboration hat on.”
Webster said the combination of industry pillars, including PayPal and JP Morgan, and newer companies, including bitcoin startup Circle and mobile payments company Leaf, is beneficial.
“It’s a way of stimulating new thinking, surfacing new ideas, and getting the dialogue to a different level,” she said.
Read the full article at http://bostonherald.com/business/business_markets/2014/03/it_s_woodstock_for_payment_geeks