Breakout Session #3

Justin Lutes

Demystifying Blockchain and Cryptocurrencies
Justin Lutes, Catalyst Corporate FCU, Plano, Texas

Depending on who you ask, Blockchain is either the greatest technology since the Internet or a solution looking for a problem. Either way, the technology is changing the landscape of the payments industry. This session will provide an overview of Blockchain and digital currencies, examine where the technology may be heading and explore potential opportunities and threats for financial institutions.

About Justin Lutes

Justin oversees Catalyst Corporate's member services team, along with wire transfer, ACH, card services (ATM/debit) and vault cash operations.

Joining Catalyst Corporate in 1999, Justin previously worked in internal audit and IT security, and was the Vice President of Operations Risk Management before transitioning into his current position. Prior to his arrival at Catalyst Corporate, Justin held positions in restaurant accounting and real estate accounting.

Justin earned a master's degree in business administration at Amberton University and a bachelor's degree in business administration in accounting from Texas A&M University-Texarkana. He is a member of Catalyst Corporate's Enterprise Risk Assessment Advisory Group and Operations Risk Management Committee, as well as the NACHA Risk Management Advisory Group and the Western Payments Alliance (WesPay) Compliance Council and Risk Management Council. Justin is certified as an Accredited ACH Professional and a National Check Professional.

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