In this episode of Pioneers in Payments, Donna Blum has an insightful conversation with Chris Colson, who is a payments expert with the Federal Reserve Bank. For decades, Chris has been at the helm of payments innovation for global leaders such as Fiserv, AFLAC, TSYS, and Equifax. He is also an Adjunct Professor at the University of North Georgia.
Chris specializes in identifying and understanding innovative payment solutions that enhance transaction efficiency, security, and user experience. At the Federal Reserve, he is focused on researching and developing innovative solutions that leverage alternative and emerging payments.
During this episode, Chris shares some valuable information about emerging payment methods. This includes cryptocurrency and why stablecoin is poised to be a more common payment method because it is not only being used for cross-border payments; retailers are starting to embrace it. Chris also discusses why he feels autonomous finance is one of the most significant opportunities in the market.
You don’t want to miss this exciting discussion about emerging and alternative payments.
About Federal Reserve Bank of Atlanta: The Federal Reserve Bank of Atlanta is one of 12 regional Reserve Banks that, along with the Board of Governors, make up the Federal Reserve System. The Atlanta Fed covers the Sixth Federal Reserve District, which includes Alabama, Florida, and Georgia, and parts of Louisiana, Mississippi, and Tennessee. As part of the Federal Reserve System, the Atlanta Fed helps conduct monetary policy, promote the stability of the financial system, regulate and supervise financial institutions, foster payment and settlement system safety and efficiency, and promote consumer protection and community development. You can learn more about the Federal Reserve Bank of Atlanta here. You are also invited to visit their blog and provide feedback.
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.
For more Pioneers in Payments episodes featuring key leaders shaping the future of payments, visit Pioneers in Payments.
Let’s pioneer the future of payments together! 🚀
