Search Ottawa Technologies Companies

Home | Archive 
Cluster News

eBusiness: Impact of Credit Crunch on eCommerce and Banking
February 18, 2009 - Ottawa, ON

 

Date:

Wednesday February 18, 2009 

Time:

6:00 p.m. – 9:00 p.m.

Location:

bitHeads, Westgate Mall, 1309 Carling Ave., Ottawa, ON

Cost:

Free - RSVP to mdascal@ocri.ca

The Ottawa eBusiness Cluster invites you to attend their monthly networking event with guest speaker, Marwan Forzely, President and CEO of MODASolutions. The session will explore the impact of the credit crunch on ecommerce and banking. Based on survey data conducted by eBillme and Javeline research, the credit crunch is having a structural impact on the type of channels that consumers use for shopping, the payment methods they chose, their attitudes towards future spending and their views on the new administration.

For a preview of the data results, and the topic, watch Marwan's interview on Fox Business on President Obama inauguration day regarding consumer confidence and how it relates to the new administration:  http://is.gd/gEw9

Marwan Forzley, BIO
Marwan is the founder and CEO of MODASolutions and has been the driving force behind the company's strategic vision and partnerships. Marwan is the creator of eBillme™ (formerly SECURE-eBill), a payment option that enables consumers to shop online and pay directly from their online banking accounts. Marwan is respected as an expert in alternative payments, articulating the evolving dynamics of the industry with major publications including: Internet Retailer, Forbes, Business Week, American Banker, Associated Press, CNN Radio and eCommerce Times among others. Prior to founding MODASolutions, Marwan was Director of Business Development at Nokia, where he focused on large-scale eCommerce infrastructure, mobile payments and content delivery. Before joining Nokia, Marwan acted as product and solution manager at ViennaSystems, a startup that was eventually acquired by Nokia. He is also founder and first chair of the e-Business Cluster and the Ottawa Wireless Cluster.