MAG Webinar: Tokenization 101 – The Basics on Tokenization in Payments

Monday, December 15, 2014
12:00pm - 1:00pm CT

Note: MAG webinars are offered as a free service to MAG members.

A high level overview of Tokenization and how it is being applied to the world of payments. Understand key technological concepts, how tokenization has evolved, its role in EMV and NFC payments, the attending controversies surrounding tokenization, and the economics of using tokenization including projected network fees and policies regarding tokenization.

Moderator: Mark Horwedel, CEO, Merchant Advisory Group

Mark Horwedel is CEO of the MAG (Merchants Advisory Group).  Mark has been in the payments industry for over 30 years serving in a  variety of roles including CEO of a PIN debit network (Money  Network) for nearly 20 years and 5 years as Director of Payments at  Walmart. Mark’s accomplishments include pioneering shared ATM  services, introducing PIN debit at the point-of-sale and more recently successfully lobbying for the Durbin amendment to the Dodd-Frank Wall Street Reform Act. Mark is a CPA, CMA and CFP.

 Speaker: Rene Pelegero,  President & Managing Director, Retail Payments Global Consulting Group

René founded RPGC Group LLC in 2002 after working for four years as the head of Global Payments at, where he was responsible for all aspects of payments processing for more than 30 million customers, managing relationships with banks, processors, credit card companies and for driving the adoption of new forms of payment.

For four thriving years René led RPGC, consulting for companies like Google, PayPal, Symantec, Cybersource, First Data, Visa International, American Greetings, Netgiro in Sweden and Pago in Germany. In 2006 René joined eBay/PayPal, as Senior Director, Strategy and Industry Relations. In this role, René was responsible for managing PayPal's relations with the financial services industry, and defining the strategies that maximize the benefits provided by the financial networks.

Growing restless after five years with eBay/PayPal, René re-launched RPGC in 2011 with the aim of bringing his views and ideas on how to make remote and global payments more efficient and cost-effective to a larger audience.

Members may view the webinar presentation on the Member Resources page