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As risky as it gets

a non-active Finextra member | 22/09/2010 | 1642 views

Why don't you become a payments provider? Part 2

Previously on “Why don’t you become” (here): people put their money in wallets (be those banks, or just stashes). Networks then pierce a hole in these wallets and create a widespread network that allows money to be transferred easily (cash in the stash case but we also have credit, electronic checks, credit cards and mobile phon... Tags: Cards, PaymentsGroup: Innovation in Financial Services

a non-active Finextra member | 07/06/2010 | 3246 views

Is there a Silver Bullet for Mobile Payments security?

Engineers tend to frown at marketing and BD, but creating leads or closing a deal is never easy. No matter where you are you want to be able to clearly articulate what is the customer’s pain point that you are solving. And you want your solution to be as straight forward as possible, too. If you resort to detailed tables and text you’... Tags: Payments, Risk & regulationGroup: Innovation in Financial Services

a non-active Finextra member | 03/03/2010 | 2509 views

Dealing with International Fraud - a Few Basics

When we started looking for customers in the first payments startup I worked for, low hanging fruit were obvious. All you had to do to find them was look for a merchant's international shipping policy - or lack thereof - and continue from there. The value proposition we offered, where we would make final accept/decline decisions and insure them, wa... Tags: Payments, Risk & regulationGroup: Innovation in Financial Services

a non-active Finextra member | 23/02/2010 | 2376 views

New York under zero: some thoughts on the Engage! Expo

"If there are any Mattel engineers in the audience, the astronaut Barby's space suit is not crash proof" (loose paraphrasing on Will Wright's keynote)Yep, the keynote was entertaining and Engage brought a lot of vendors to snowy New York's Javits center. The two day event, though a bit low on developers, had a few interesting sessions and some inte... Tags: Payments, Risk & regulationGroup: Innovation in Financial Services

a non-active Finextra member | 14/02/2010 | 2294 views

Fraud detection and UE: why are Millennials slower?

A scientist was conducting an experiment with a fly. He pulled off one of its legs and set it down to see if it could fly. Conclusion: a fly without one leg can still fly. He pared off a second leg and set it down, saying "Fly!" Conclusion: a fly without two legs can still fly. He removed all the legs and set the fly on the palm of his hand, shouti... Tags: Payments, Risk & regulationGroup: Innovation in Financial Services