Latest in Payments – Virtual Cards, Real Time Payments and More!
We are excited to invite you to our upcoming webinar on the “Latest in Payments – Virtual Cards, Real Time Payments and More!”
Money movement is undergoing rapid transformation, shifting from fast to faster to instant. The implementation of FedNow in 2023 was a catalyst and amplifier of this change. The first part of this session will explore the new “Instant Payments” category, how it differs from faster payment solutions, and what it can mean for commercial payments and collections.
The second part of the session will feature Virtual cards. Virtual cards offer a highly secure digital payment method of payment that streamlines the accounts payable process. The panel includes a practitioner presently implementing a card program and will further dig into how this payment solution can be implemented to simplify reconciliation for you and your suppliers, reduce payment costs, and create rebate revenue opportunities.
About our panelists:
David Ruda, Director Product Sales Specialist Commercial Cards and Comprehensive Payables, Bank of America
David has more than 25 years of experience in the banking industry and has held various positions in global transactions services including rotations in operations, product management and product sales. He has worked with a diverse set of clients ranging from large multinational clients, the US federal government to middle market industrial companies and large non-bank financial institutions. The majority of his career has been in the commercial cards business leading product management teams developing solutions for clients, managing budgets/P&L management and providing support for his business partners.
He holds a MBA from DePaul University in Finance and a Bachelor of Arts from Augustana College in Business Administration and Accounting.
Meera Shah-Vyas is a Senior Treasury Analyst at Qualtrics, an experience management company co-headquartered in Provo, Utah and Seattle, Washington, with over ten years of experience in finance for public and private companies. She holds a Bachelor's of Science in Finance from Rutgers University. Meera is leading card implementation program at Qualtrics in addition to focusing her time on Treasury projects, Cash Monitoring and Forecasting, and Daily Operations.
Bill Schoch, President & CEO, Wespay
William Schoch is President & CEO of Wespay, the nation’s oldest and one of the largest associations dedicated to helping members grow and improve their use of electronic payments. He is responsible for developing and implementing strategic initiatives to grow the association and provide maximum value to its 900+ members. He was appointed to this position in 2008.
Bill currently serves on the Boards of Wespay and Wespay Advisors. He also serves on the Operations Committee of the U.S. Faster Payments Council and is the Immediate Past Chair of the Center for Payments. He recently served on the Board of Nacha, USA Technologies, Inc., and the Federal Reserve’s Faster Payments Task Force.
