Tue, 17 April 2018
This episode of Payments on Fire covers two topics - payments in Atlanta and the essential challenge of online authentication and identity.
May in Atlanta - Fintech South and Glenbrook Payments Boot Camp
Everyone in the payments industry knows that Atlanta is a hotbed of activity. Coming shortly to Atlanta are two fintech-focused events that will add to the goings-on.
The Fintech South conference takes place on May 7 and 8. With great speakers - and great sponsors like Glenbrook and the Technology Association of Georgia - the conference describes itself as “FinTech South 2018 is a global exchange of insights, innovations and trends fueling tomorrow's financial tech industry.
“Attracting international companies and speakers across multiple industries, FinTech South is an opportunity to engage with 400 FinTech companies employing more than 130K employees globally, generating $72B in revenues, and processing over 118B transactions annually.”
Both events draw will attendees from all over North America. So if you want to expand your network, hear the latest at the conference and/or get smart about how payments work, come to Atlanta.
Authentication, Biometrics, and Banking
Authentication online remains one of the most challenging aspects of life online. Given the complete availability of personal data, account takeover has never been easier for the hackers. Knowledge-based authentication (KBA) asks softball questions like “what was your father’s middle name?” Easy stuff to find online. User IDs and passwords are even easier to find. We have a problem.
Strengthening the connection between an accountholder’s true identity - perhaps proven by a drivers license or passport - and the credentials that the user presents online is necessary and the topic of this Payments on Fire episode. George speaks with
Andrew knows all about the Technology Association of Atlanta, too. So, take a listen and geek out in this conversation about authentication, biometrics, and how to answer the online conundrums of “who are you?” and “do I trust you?”
Fri, 13 April 2018
The rise of Chinese mobile payment systems is the top global mobile payments story of the last few years. Alipay and WeChat Pay serve hundreds of millions of users with payments, loyalty programs, merchant coupons, and more.
QR codes are used to initiate many of these interactions especially within the point of sale (POS) domain. When there isn’t a legacy payment infrastructure in place, software is easier, and cheaper, to deploy than the hardware-reliant approaches used for card-based transactions.
To serve its millions of accountholders traveling around the world, Alipay is building out its acceptance footprint. In this episode of Payments on Fire, George speaks with payments industry veteran Souheil Badran about his role as president of Alipay Americas and the company’s plans for reaching US merchants in tourist hotspots and beyond.