In this episode of Pioneers in Payments, Donna Blum talks with Aaron McPherson of AFM Consulting, a consultancy that advises senior executives and organizations with their fintech and payments strategy. With over 25 years of experience, he is an advisor, consultant, and researcher who helps enterprises understand the payments market from a strategic perspective. A regular contributor to industry-leading publications, Aaron holds an MBA from the Sloan School of Management and a BS in Political Science from Massachusetts Institute of Technology (MIT).
Aaron has consistently delivered innovation, growth, and high returns on investment throughout his career in senior roles at Javelin Strategy & Research, FIS, and IDC. He is passionate about sharing knowledge on topics such as mobile payments, enterprise payments, tokenization, digital currency, digital wallets, and regulation. Aaron publishes blogs on fintech industry topics, including credit cards, debit cards, ACH, wire transfers, cryptocurrency, fraud and risk management, and cross-border payments. Aaron is also passionate about the intersection of Fintech and AI, exploring how AI is transforming the way we approach financial services. He is dedicated to helping clients harness AI to drive innovation and strategy in fintech and payments.
You don’t want to miss this thought-provoking discussion about how AI is not only changing the payments industry – it’s changing every industry. He also discusses the vast opportunities with cross border payments, stablecoins, and the important topic of fraud prevention. Aaron’s “silver bullet” piece of advice to financial services companies is to be creative. There are so many new possibilities at the hub of commerce. Aaron encourages companies to experiment, prototype, and unleash their creativity!
About AFM Consulting:
AFM Consulting LLC is a consulting practice dedicated to making complex payments concepts easy to understand, cutting through the jargon to get to the essentials that everyone in the industry should know. Its founder, Aaron McPherson, is a 25-year payments veteran, having worked in both research and consulting as well as the industry’s biggest financial technology provider. You can learn more about AFM Consulting at https://AFMFintech.com and you can reach Aaron at aaron@AFMFintech.com.
About BHMI:
BHMI is a provider of software solutions for managing the back-office processing of electronic payment transactions. The company’s flagship product, the Concourse Financial Software Suite®, offers a dynamic and flexible solution for processing a wide range of payment types, including debit cards, credit cards, mobile payments, P2P, real-time payments, ATMs, and POS. Concourse provides essential back-office functions such as automated reconciliation, settlement, fee assessment, and dispute management. Its continuous processing architecture and powerful rules engine make it an ideal solution for organizations looking to modernize and optimize back-office payment operations.
