Larry Talley

And even companies like T-Mobile and other large enterprise companies really started adopting this as a payment method.

And then we had to take it one step further and really simplify it and make it so that you didn't even have to click on a link anymore.

So we partnered up again with Visa and we came out with network tokenization.

Network tokenization, if you use Google Pay or Apple Pay,

You're leveraging a network token.

Everywhere certified your phone number directly with the banks and the card networks.

And we're able to use a network token that's shareable across merchants and across acquirers.

And what that does, it actually lowers the cost of the fee and it makes it more of a safer transaction.

We proved that it's actually much safer to do a transaction through us with a phone number than it is with a piece of plastic.

And it sounds odd, but in the sense that, you know, the plastic came out, they added a chip to it.

Everyone thought, okay, we can stop using driver's license.

We can just now rely on this chip.

We'll show that you can have tons, a lot more fraud happening out there, especially online.

But the phone number was really two factor authentication.

It was very secure.

In fact,

Our system showed that if you give me your phone number, I can actually repeat back to your social security number.

And if I don't know your social security number, you're high risk.

And it probably sounds a little scary about how much information is out there.

But if you really think about it, your phone number