James Watts
speaker
202 appearances
1 recordings
1 series
first heard May 2025
last heard May 2025
James Watts’s voice in public audio — every appearance, attributed to the second.
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Appearances
Somebody's already opening the mail.
Somebody's already processing invoices.
So it's just baked into their normal costs and normal structure of what they're doing.
So it's not as apparent.
So I think we need to do a better job of, you know, exploring that and really driving what the incentive is.
Yes.
Yeah, every payment vehicle has the potential for fraud.
That's the one thing we will never get away from in our industry is every improvement, everything we create to move money or make anybody's life easier has the potential to be abused.
I think where the fear resides in faster payments is in two words, instant and irrevocable.
You know, there is the perception and the reality that is if I send this money or if I give this access, it's gone.
If it is fraud, if anybody's screwed up, I have no recourse.
Because that's the perception, right?
A faster payment is once it's done, it's done.
But what...
you know, what people don't realize.
And one of the panelists set this up.
I think it was Josh from Netflix at the Faster Payments Council member meeting a couple of weeks ago was that, you know, when you really think about it,
Every payment vehicle is like that in a way.
Like I give you a check.
If it's fraud, that transaction is done.
Showing 101–120 of 202 · page 6 of 11
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