Webinar: Cold hard cash: what the Fed and the banks know that your boss doesn't by TalkLPnews

Webinar

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About This Webinar

Somebody on your leadership team saw a post saying cash is dead. Somebody else wants to try going cashless in a handful of stores. And when it comes up in the meeting, you're the one expected to have the answer.

This panel puts the Federal Reserve and a major commercial bank in the same conversation as the people who protect cash for a living. What they see doesn't match the headlines. You'll hear how many Americans still carry cash (more than your CFO would guess), and why one banker calls going cashless "a terrible idea" for most retailers.

What you'll walk away with:

Agenda

The free Federal Reserve study most LP leaders have never opened, and how to use it the next time someone asks about cash
Why the counterfeit pen at your register won't catch the fakes the Dallas Fed is seeing right now
How smart safe attacks spread from one store to the next, and where AI video is starting to help
How smart safe attacks spread from one store to the next, and where AI video is starting to help
What an afternoon without cell service does to a store that can't take cash
Why 13 different state cash laws could mean training 300,000 employees 13 different ways

Presenters

Robert Norman

SVP Cash Logistics Strategy, Fifth Third Bank

Robert has run commercial cash processing at Fifth Third Bank for the last 16 years, and his background before that was in payments. He was there for Fifth Third's move into smart safes and smart recycling, which let retailers get provisional credit on cash before it ever leaves the store. He's also a vocal supporter of making cash acceptance one national standard instead of a patchwork of state laws.

Shaun O’Brien

Lead Analyst, FedCash Financial Services, Federal Reserve

Sean has been at the Federal Reserve for almost 15 years. He works on the FedCash Financial Services team, which runs order and deposit services for banks and credit unions out of the Fed's 28 cash offices across the country. A big part of his job is understanding how consumers actually use cash and how they expect to use it later. The Fed's annual Diary of Consumer Payment Choice is the main data source for that work.

Tom Meehan

Chief Executive Officer, Controltek

Tom has led ControlTek for about 10 years. Before that he spent 22 years in retail in a long list of roles. Half of ControlTek's business is protecting cash and the other half is technology, so Tom spends a lot of time on the road talking with retailers about payment strategy. He hears a lot of it off the record. He's especially focused on business continuity and on how retailers with thousands of stores handle cash differently from one market to the next.

Brad Moody

Executive Vice President, CONTROLTEK

Brad works alongside Tom Meehan on ControlTek's tamper-evident packaging division. He has spent about 30 years in the banking industry, 12 of them in risk, and he's a certified fraud investigator. He spends a lot of time with retailers, banks and Federal Reserve teams. His focus is how cash moves from the register to the vault, and where it gets lost or stolen along the way.

Amber Bradley

Host & Editor-in-Chief, TalkLPnews

Amber Bradley, founder of TalkLPnews and Calibration Group, LLC, is a communication expert with extensive experience across multiple business disciplines, including marketing and public relations. Amber’s proven success in creating multi-tiered, strategic marketing and communication campaigns continues to yield unmatched results for solutions providers, as well as retail loss prevention and operations professionals. Amber holds a Master of Arts in Communication and a Bachelor of Arts in Marketing/Communication.

Amber is the Editor-in-Chief and host of TalkLPnews that provides valuable content to loss prevention and asset protection professionals through unscripted interviews about all different types of topics.

Amber also served as Executive Director for the Restaurant Loss Prevention and Security Association (RLPSA) for nearly 10 years.

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