Opinions

For merchants, a processor that’s a tad better, a bit more comprehensive, can make an enormous difference, writes Eric Grover, a principal at Intrepid Ventures.

The risks of fraud, along with the current reputation of such currencies as often being used for money laundering and other criminal activities, has caused worry in the market, writes John Verver, and advisor to ACL.

The financial services industry must change how it attracts, hires and develops data science talent.

We’ll view this wild rally as the starting point of cryptocurrencies becoming mainstream. They cannot be defined as a fad any longer, writes Nigel Green, founder and CEO of deVere Group.

We entrust tech firms with vast amounts of information about our daily lives, with an expectation that they will safeguard it. But have we become too casual in the trust we place with them in exchange for more personalized experience and convenience?

Establishing trust, especially when it comes to online payments, is critical. People need to feel secure and confident that their personal boundaries won’t be crossed or their information misused, writes Rik van't Hof, director of product management front-end for Ingenico e-commerce.

Alternative data can be beneficial for individuals locked out of the financial system’s more conventional data types, but such data is open to manipulation or biased interpretation.

Recent data breach events in September 2017 in the U.S., involving the stock value drop of Sonic as well as Equifax, are evidence of the negative impact of data breaches on the economic value of businesses. Clearly, they have become incidents of board-level importance, writes Justhy Deva Prasad, chief data partner at Claritysquare.

The biometric data, broken up into shares, is persisted separately in off-chain storage that can be controlled and sealed via blockchain references for integrity and provenance, writes James Stickland, CEO of Veridium.

Debit and credit both have their downsides, but both of those downsides disappear if you stay up to date with the latest fraud prevention and chargeback management practices, writes Suresh Dakshina, president of Chargeback Gurus.