Today In Data: Writing New Rules For New Risks
The world is a rapidly changing place for payments – consumer payments, B2B payments, cross-border payments. We are very much not in Kansas anymore when it comes to moving funds, and the old rules don’t work nearly so well in digital Oz. Consumers want to be safe – a trick in and of itself in a world where fraud and cybercrime are endemic. But they don’t want to be safe at the cost of being grossly inconvenienced. The new challenge is building a system robust enough to be secure, yet invisible enough so that protection is experienced without being felt.
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