Live Digital Discussion: Alternative Payments and the Rise of the Payment Hustler

Date & Time: Thursday April 6 at 1:00pm (EST)

Host: Karen Webster

Panelist: Dan Frechtling, CMO and CPO at G2 Web Services

To attend this live digital discussion on Thursday April 6 at 1:00pm (EST), please use the information shown below:

WebEx Access Page: Click Here

Password: hustle (all lowercase)

Note: The audio will come from your computer speakers (no dial-in required)

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Overview:

By now it’s clear that fraudsters migrate to the spaces where vulnerabilities are available for them to exploit. Now that credit cards are more secure than they’ve ever been, cybercriminals have set their sights on increasingly popular alternative payment methods (APMs). These APMs, such as mobile wallets, are expected to grow to $1.35 trillion from 2016 to 2017 which comes to a 32 percent increase. Another APM in the crosshairs is P2P payments, which will be used by nearly 100 million adults in the US this year, or roughly 38% of the US adult population.

It’s this surge in growth that has brought increased attention from both cybercriminals and the authorities charged with keeping these criminals at bay.

Join Dan Frechtling, CMO and CPO at G2 Web Services and Karen Webster, CEO of Market Platform Dynamics, on Thursday, April 6 at 1:00pm EST, to learn why APMs are at the top of the list for cybercriminals, why financial services/institutions should be worried and how these companies can protect themselves against this growing threat. We will:

• Define and explore the alternative payment method landscape while examining the possible vulnerabilities for Financial Institutions/consumers and the opportunities for fraudsters
• Help you learn the intricacies of the problem space by identifying the scams and introducing the “Payment Hustler”
• Illustrate for you why FI’s should care about this threat and the preventative measures that can be taken to fend off any potential brand damage

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Dan Frechtling
CMO & Chief Product Officer

Dan Frechtling oversees marketing, product management and innovation for diligence and monitoring solutions serving the US, Europe, Middle East/Africa and Asia.

Previously, Dan was Vice President of Global Website Products for hibu, where he grew an auxiliary add-on product into a $100 million Web Presence business serving merchants in the US, Europe, and Latin America. Prior to that, he was Vice President Marketing and Client Solutions for DS-IQ’s Walmart Smart Network and re-launched DS-IQ’s digital couponing products for SUPERVALU.

Earlier, he ran DVD games and youth electronics as Director of Worldwide Marketing for Mattel, where he licensed a start-up game called Scene-It? and grew it to over $100 million in revenue worldwide. At Stamps.com he helped launch the first server-based web postage technology, which remains the leading solution today. At McKinsey & Company he led engagements for consumer and technology clients.

Dan earned his MBA with distinction from Harvard Business School, his BS in Journalism/Economics with High Honors from Northwestern University, and studied at Nankai University in Tianjin, China.