Driving Innovation for the Next Generation Payment Solutions
Name: Louis Blatt, Ph.D.
Title: Chief Product Officer
Company: ACI Worldwide
What I’m working on now… Next Generation Payment Solution
My crowning achievement is… Led four large technology companies to their next generation solution including: (1) Wang Labs – stylus based word processing, 1986; (2) AT&T – Interactive Television, 1994; (3) Peregrine Systems – Next Generation Service Management, 2002 (4) CA- Next Generation Enterprise IT Management (EITM), 2009.
Education… M.A. Boston University, Ph.D. Boston University. (Specialized in Human Factors In Computers)
When I’m not working, I like to… Winter Hiking, Tennis, Hanging out with my family.
I think the next big thing in payments is… Agile Payments: a unified approach to managing the entire lifecycle of payments independent of payment type, customer type, channel, or geography.
Cash is… Useful for people that want to keep their activities a secret and operate off the grid.
Checks are… Not sure what checks are. I think they are pieces of paper that you write on but I am seeing less and less of them.
NFC is… Ultimately be adopted and will be embedded into form factors that replace the cell phone.
EMV is… Required to offer the convenience of M-payments in a secure fashion.
P2P will… Need the support of the banks to become a significant force in payments.
My mentor is… My mentor is Phil Heasley. He taught me that it is teamwork not individual accomplishment that will usher in the next generation of payments.
Executive Bio: Louis A. Blatt is chief product officer at ACI. He is responsible for the evolution and market success of ACI’s strategy and resulting product line. Louis is a practical innovator focused on extending ACI’s global leadership in the payments market by delivering a unified solution to maximize the total economic impact for our customers.
Prior to ACI, Louis has led teams to deliver market leading strategies and next generation solutions at CA, Peregrine Systems, AT&T, and Wang Labs. While at CA Louis was primarily responsible for the creation of CA’s strategy resulting in doubling the company’s market capitalization during his tenure. Louis was a General Manager at Peregrine and ultimately took on the responsibility for all of marketing and product development. He started his career in research and development at Wang Laboratories, led the development of next generation network based applications including AT&T and Logica, and was a Partner at Anderson Worldwide.
Louis received a doctorate and masters degree from Boston University. Louis taught Boston University’s first course offered on human factors in computers and has written many journal articles and book chapters on the subject of user centered design. Louis has also attended executive management training at Harvard Business School.
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Comments
Congratulations to Dr. Blatt. We would be happy to learn more about his innovative ideas in the payments domain where he now is in charge of a major enterprise
Posted by P K Sengupta, 16/09/2010 8:56am (1 year ago)
Congratulations to Dr. Blatt. We would be happy to learn more about his innovative ideas in the payments domain where he now is in charge of a major enterprise
Posted by P K Sengupta, 16/09/2010 8:56am (1 year ago)
Congratulations to Dr. Blatt. We would be happy to learn more about his innovative ideas in the payments domain where he now is in charge of a major enterprise
Posted by P K Sengupta, 16/09/2010 8:56am (1 year ago)
Congratulations to Dr. Blatt. We would be happy to learn more about his innovative ideas in the payments domain where he now is in charge of a major enterprise
Posted by P K Sengupta, 16/09/2010 8:56am (1 year ago)
Congratulations to Dr. Blatt. We would be happy to learn more about his innovative ideas in the payments domain where he now is in charge of a major enterprise
Posted by P K Sengupta, 16/09/2010 8:55am (1 year ago)
I always laugh when I hear people proclaim the death of the check. "what are checks?" well they happen to be the largest non-cash payment method in America with $40 trillion in annual volume versus $2.3 trillion in credit card volume. Checks are not going away, but they are become fully electronic, and the digital check industry will dwarf all other payment methods.
Posted by Ed Starrs, 08/09/2010 11:29am (1 year ago)
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