Nick Holland is a well-known and respected thought leader in Fintech. He has spent more than thirteen years focusing on the intersection of mobile, retail payments and security, working at many of the most renowned research houses in the industry. His prior roles include Head of Payments and Mobile at Javelin Strategy, where he conducted in-depth research on EMV, mobile proximity payments, digital wallets, tokenization and biometrics and provided consulting to financial institutions, mobile operators, processors, card networks and vendors; and mobile payments research at Yankee Group and Aite Group.
Person-to-person payments are a core area of interest beyond just the banking industry. The news that PayPal is bringing Venmo into e-commerce should be serious concern for many companies that wanted a piece of the P-to-P pie. But Venmo's success does not necessitate others' failure.
It has now been two years since the EMV fraud liability shift took effect in the U.S. for most companies. This is enough time to evaluate the EMV migration's effect on fraud, and whether it can be blamed for anything happening in digital channels.