Date: June 2, 2016

Paycards: Generational Trends Shaping the Future of Worker Pay (I)

Session Description

As the landscape of buying and selling changes with the introduction of new technologies and systems, the way people view the exchange of money for workforce compensation is also changing rapidly. As younger workers enter the workforce they are bringing their digitally native ways with them, including their new financial needs and behaviors. Millennials and Generation Z workers (who are now up to age 21) are tremendously influential segments of the workforce—growing in knowledge, confidence, and independence every day. Understanding the needs of these two huge generations of workers is critical to organizations attracting and retaining these large, diverse, new workforces who combined are the largest segment of workers in the U.S. 


Learning Outcomes:


  • This national study reveals hidden habits, perceptions, and preferences of American workers when it comes to money and pay
  • Understanding the perceptions and attitudes of the youngest members of the workforce is vital to a company wanting to remain at the forefront of worker trends
  • Knowing the needs of this generation, including those related to pay, is vital to an organization being successful in recruiting and retaining top talent.



Speaker Information

Dr. Martin Armstrong is the VP of Payroll Shared Services for Charter Communications.


Martin has 30 years of accounting experience and has held positions as a Senior Accountant, Internal Auditor, Tax Manager, Payroll Manager, and Payroll Director. He also has extensive training in management, benchmarking, process improvement, change management, best practices, strategic tax planning, and mergers & acquisitions.


Martin has been a Certified Payroll Professional (CPP) since 1990, holds an undergraduate degree in Business Administration from the University of Phoenix, a MBA degree from the University of Maryland University College (UMUC), and a Doctor of Business Administration (DBA) degree from Argosy University.  His dissertation concentrated on employee readiness for organizational change.


Steve Helms is the Head of Public Sector Prepaid Payment Solutions at Visa, focusing on State and Federal Government and Sr. Director of Emerging Payment Solutions. Steve has been with Visa for 17 years and has worked with a variety of relationships including merchants, financial institutions, Program Managers, State and Federal government agencies to successfully integrate Visa Prepaid and Commercial products and services to help drive innovation and efficiencies. 

Steve brings 34 years of sales management experience in the electronic payments and consumer packaged goods industries. Prior to joining Visa, Steve held various sales and management positions with General Mills. 

Steve holds a Bachelor’s of Business Administration and Marketing from Southern Methodist University in Dallas, Texas. 


George Mavrantzas joined the Global Cash Card team in September of 2009. He has over 18 years of experience in the prepaid industry with the last 12 years specifically in paycards. Prior to Global Cash Card, George held several senior level positions at firms including Powertel, T-Mobile, ITC Financial Services, & Incomm. He has worked in all facets of prepaid and paycard operations including but not limited to: Business Development, Project Management, Customer Service, Implementation, Relationship & Account Management, and Social Media Expansion.


As Vice President of Special Projects, George is responsible for delivering executive presentations, supporting & managing strategic channel partnerships, and contributing to executive decisions. In addition, he is a prolific speaker at a variety of industry events including at American Payroll Association Local Chapters and Statewide Conferences. George is a recognized expert in the prepaid industry, and is invited to speak at over 50 conferences a year to educate payroll professionals on the benefits of electronic pay. He is a member of the American Payroll Association's National Speakers Bureau and in 2014 & 2015 received the American Payroll Association's Citation of Merit.


George is a graduate of the University of North Florida.