Financial system supporting transfer of funds from suppliers (savers) to the users (borrowers), and from payers to the payees, usually through exchange of debits and credits among financial institutions. It consists of a paper-based mechanism for handling checks and drafts, and a paperless mechanism (such as electronics funds transfer) for handling electronic commerce transactions. Also called payment mechanism.

Meeting Location: 

Noto's Old World Italian Dining - Grand Rapids MI

Overnight Hotel Accommodations:

DoubleTree by Hilton Grand Rapids Airport (formerly Hilton Grand RapidsAirport) Reservations can be made by calling or e-mailing:

Lisa Calhoun at [email protected]

(616) 957-0100

MBTA room rate is $109.00 plus taxes.

*** GBTA Education Credits ***

GBTA has approved 3 credits towards GTP recertification.

Meeting Agenda:

9:30am  – 10:00am  –  Registration & Networking

10:00am  – 11:30am  –  Morning Session - Presented by: Tim Ladd 5/3rd Bank

Tim Ladd joined Fifth Third Bank in 2004 and has been a VP or Commercial Card sales since 2009.  In this role Tim works exclusively on the sales and implementation of the largest programs at Fifth Third.  Within the last year Tim has work on securing and implementing programs that have exceeded 2,500 cards in hand, and over $50MM in plastic and Virtual Card (VCN) annual spend.  Tim has been a Certified Treasury Professional (CTP) since 2005, and has a B.A. in Accounting from Grand Valley State University.

 Topic: Overview on various payment topics

1.      Globalizing your Card program
2.      Benefits with single vs. multiple brands
3.      Administrating a global program from a central location
4.      Living through corporate mergers or sales (cleaning up the card mess)

11:30am  – 12:00pm  –  MBTA Business Meeting & Committee  Updates

12:00pm  – 1:00pm –  Lunch 

12:00pm – 12:10pm - Presentation by Brian Ryks, Executive Director. Kent County Department of Aeronautics, Gerald R. Ford International Airport

1:00pm  –  2:30pm – Feature Program - Presentation by Tim Ladd 5/3rd Bank

Expand on elements specific to systems which could include but are not limited to:

1.       Reporting
2.       Global acceptance of payment channels
3.       Future payment methods
4.       T&E vs. PCard – When to use which
5.       Chip/PIN vs. Signature
6.       Security – liability shift from card to merchant
7.       Liability – Corporate vs. Personal
8.       Managing delinquency / new hires, fires and retires!
9.       Mandating your Card Program / Tracking adoption & value and cost of by-           pass

2:30pm – Depart for  Gerald R. Ford International Airport (Drive individually or car pool, complimentary parking)

3:00pm –3:30PM Tour of Gerald R. Ford International Airport - Recently completed over a 12M renovation.