Colin Parsons

speaker

183 appearances 1 recordings 1 series first heard Dec 2024 last heard Dec 2024

Colin Parsons’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

No recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.

Appearances

newest first · ▶ plays the moment

Off the Rails from the U.S. Faster Payments Council - FPC · 19 December 2024 Holiday Special featuring Colin Parsons of Nasdaq Verafin on faster payments fraud · 19 Dec 2024 podcast

Um,

There's, again, like with anything, there's going to be nuances from institution to institution or various implementations, but having that standardized approach is going to help prevent those errors and get more people using the instant payment channels.

I'd say I'm a little bit of a buy here.

I think in a lot of the conversations that we have, fraud is always one of the topics that come up in terms of people's concerns when they're moving to a faster payment channel.

But I think fraud is not just the kind of technology to prevent it.

There's also processes that go around that to prevent

to help, um, that, that will need to kind of be modified as, as you move to a, an instant payment channel, that's, you know, 24 seven availability and all that kind of stuff.

So, um, I think that's, that's part of the, the, the, the challenge there, but, uh, I think there's, there's other concerns as well, but, um, fraud is definitely one of the challenges that we can get past.

I'm a buy on that one with one exception.

And that would be pajamas the night before Christmas Eve pajamas.

I think that's a that's an exception that we can make.

Yeah, I'll say buy for that one.

So I think we see that there's interest from a business and consumer point of view to use faster payments for e-commerce.

There's a ton of ways that you can purchase things online or do any sort of transactions online.

But I do think that as we continue to see faster payments, instant payments being used more,

more and more with various use cases across financial institutions.

I think e-commerce will become one of those and it will be successfully deployed.

I'm a buy on that one for sure.

So I don't think it's a silver bullet, but it's one of the things in that layered approach that definitely helps.

I think it's less risky.

Showing 141–160 of 183 · page 8 of 10