RFID in Financial Services

June 17, 2010 — 11 AM to 1 PM EST

Platinum Sponsor:
Gold Sponsor:
RFID Global Solutions

Financial services firms are using RFID technologies to track IT assets, storage media and other critical business elements. And the technology is increasingly being utilized for financial transactions as well, either in debit or credit cards, or in keychain wands. In this virtual event, hear how RFID is benefiting financial services companies and retailers that adopt RFID-based payment systems.

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11:05 AMThe Value of an EPC Standard for Data Centers
Research indicates that using EPC RFID technologies can reduce costs and improve the management of data-center assets significantly. The Financial Services Technology Consortium has been developing a standard for having all assets pre-tagged by manufacturers of data-center hardware. In this session, get an update on the standard, hear the benefits of using EPC to manage IT assets and learn how this standard will impact every company that manages a data center.
John Fricke, Chief of Staff, Financial Services Technology Consortium
11:30 AMRFID Solutions for the Financial Services Industry
Data growth, mobility, cost pressures and regulatory compliance are driving the demand for IT asset-tracking solutions, particularly in the financial services industry. Learn about the latest inventory and control solutions, Visi-Trac and DataGuard rf, which are being deployed to track such IT assets as servers, magnetic tape and data-storage devices through their full life cycle. Hear why financial institutions are increasingly adopting RFID for data-center asset–tracking applications, with benefits ranging from reduced operating and compliance costs to dramatic improvements in data accuracy.
Diana Hage, CEO, RFID Global Solution
11:50 AMBank of America's RFID Data Center Inventory Project
Bank of America is leveraging radio frequency identification to improve data center asset inventory accuracy and efficiency. The technology greatly reduces the man hours spent locating assets and conducting on-site inventory audits. RFID provides the bank with a true real-time inventory tracking and control system, and will also facilitate the automation of receipt notification, both for supply chain management and workflow management purposes.
Tim McGee, VP, Technical Project Team Manager, ET&D-Global Data Center Program, Bank of America
Luke Rennells, VP and Senior Consultant II—Systems Engineer, Data Center Program, Bank of America
12:15 PMBest Practices in RFID Tag Selection for Asset-Tracking Applications
End users are evaluating RFID for IT asset-tracking and -management applications across a broad spectrum of markets, to increase visibility, improve business processes and reduce costs. A critical consideration in any IT asset-tracking application is the RFID tag, which is attached to IT assets and capital equipment to monitor the movements of assets between facilities and geographic regions. There are many considerations customers need to make in selecting the proper RFID technology and tag for their application, including the tag's expected lifespan, the environment, read-distance requirements and the particular assets being tagged. This session will examine each of these considerations in the context of real-world IT asset-tracking implementations.
Andre Coté , SVP Business Development, Omni-ID
12:40 PMCutting Costs With RFID
Now more than ever, companies are seeking ways to reduce expenses and become more efficient. RFID is a proven cost-cutting technology. In this session, learn how to deploy RFID to save money by better tracking assets, tools and materials.
Mark Roberti, Founder and Editor, RFID Journal