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Payment Cards Center 10th AnniversaryThe New Landscape for Consumer Credit and Payments

December 2-3, 2010
Federal Reserve Bank of Philadelphia

Podcast Speaker Biographies

Peter BurnsPeter P. Burns

Peter P. Burns is the senior payments advisor at Heartland Payment Systems Inc., working with the company's CEO on industry initiatives aimed at improving payment system integrity and data security.

From 2000 to April 2009, Burns served as vice president and founding director of the Payment Cards Center of the Federal Reserve Bank of Philadelphia. From 1996 to 2000, he was managing director of the Financial Institutions Center at the University of Pennsylvania's Wharton School. Before joining Wharton, he held a number of senior management positions during a 25-year career with CoreStates Financial Corporation and its predecessor, Philadelphia National Bank.

Burns received an A.B. degree from Lehigh University and an M.B.A. in finance from the University of Chicago's Graduate School of Business.

Bob HuntBob Hunt

Robert M. Hunt is an assistant vice president at the Federal Reserve Bank of Philadelphia. He became director of the Bank's Payment Cards Center in April 2009. Prior to this appointment, he was a senior economist in the Bank's Research Department.

Hunt's research has focused on consumer payments, consumer finance, and the economics of innovation. His published research includes studies of the dynamics of the consumer credit reporting industry, credit counseling organizations, the collections industry, and antitrust issues in consumer payment networks. He has also published papers on topics in economic geography and intellectual property.

Before joining the Bank in 1998, Hunt worked for the U.S. Congressional Budget Office. Before attending graduate school, he was an industry risk analyst for Bank One, Indianapolis.

Hunt received a Ph.D. in economics from the University of Pennsylvania in 1996 and a B.A. in political science and economics from Butler University in 1986.

Anthony SantomeroAnthony M. Santomero

Anthony M. Santomero holds the title of Richard K. Mellon Professor Emeritus of Finance at the Wharton School of the University of Pennsylvania.

From July 2006 to January 2008, he was a full-time senior advisor in McKinsey & Company's New York office. He continues this relationship today on a more limited basis. Prior to joining McKinsey, Santomero was the ninth president of the Federal Reserve Bank of Philadelphia, serving from July 2000 to April 2006. Before coming to the Philadelphia Fed, Santomero was the Richard K. Mellon Professor of Finance at the University of Pennsylvania's Wharton School. During his 30-year tenure at Wharton, he held a number of academic and managerial positions, including deputy dean of the school.

Santomero received an A.B. in economics from Fordham University and a Ph.D. in economics from Brown University.

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