Steve Ledford

Payments Expert

What I've Learned the Past 41 Years In Payments

Thursday, December 1st | 02:30 pm - 03:20 pm ET

​Session Description:

1981 was a watershed year for payments. The Depository Institution Deregulation and Monetary Control Act was changing the foundations of clearing and settlement. High interest rates pushed banks to squeeze float out of the system. The ACH and ATM networks were just starting to take off. Debit cards were more concept than reality.

Over that past four decades US payments have become faster, more convenient, more electronic and cheaper. Real-time payments, same-day ACH, mobile payments and digital currency may be the most recent developments in this period, but the pace of change has been constant. Through all the innovations, a few common themes emerge. Steve Ledford will share his observations from a 41 year career in payments.