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Wellington, 14 September 2009 - MasterCard Worldwide will host the Trans-Tasman Credit Summit 2009 at the Duxton Hotel in Wellington this Friday.

The Summit will provide an opportunity for leading banking and finance executives from New Zealand and Australia to discuss current and future economic trends in the cards and payments sector. This will include the direction of innovation, and the ongoing impact of the recession on the payments business.

“The Trans-Tasman Credit Summit is a chance for those in the finance sector to share their knowledge and experience. As the focus shifts towards recovery, a forum of this nature is truly beneficial for the industry,” says Stuart McKinlay, country manager, New Zealand, MasterCard Worldwide.

Other points of discussion will include the strengths and weaknesses of the New Zealand banking sector, the distinctions between the Australian and New Zealand banking industries, and the important factors for retail banking coming out of the global financial crisis.

At the conclusion of the Summit guests will attend a luncheon where All Black legend Ian Jones will challenge Wallaby legend Tim Horan in a debate moderated by rugby commentator Tony Johnson.

Top industry executives who are attending the Summit include:

• Eddie Grobler, executive vice president, Australasia, MasterCard Worldwide.
• Jenny Fagg, Chief Executive Officer, ANZ National Bank
• Brendan O’Donovan, Chief Economist, Westpac Banking Corporation
• Mark Wilkshire, General Manager, Lending Products, ANZ National
• Nick Astwick, General Manager, Consumer Finance, Kiwibank

What: Trans-Tasman Credit Summit 2009 - Brought to you by MasterCard Worldwide
Where: The Duxton Hotel, 170 Wakefield Street, Wellington
When: 18 September, 2009 at the Duxton Hotel from 8.30am – 2.00pm
More information available at
http://www.financialpublications.com.au/?option=com_eventsite&id=53&view=home

MasterCard Worldwide advances global commerce by providing a critical economic link among financial institutions, businesses, cardholders and merchants worldwide. As a franchisor, processor and advisor, MasterCard develops and markets payment solutions, processes approximately 21 billion transactions each year, and provides industry-leading analysis and consulting services to financial-institution customers and merchants. Powered by the MasterCard Worldwide Network and through its family of brands, including MasterCard^®, Maestro^® and Cirrus^®, MasterCard serves consumers and businesses in more than 210 countries and territories. For more information go to www.mastercard.com.