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Location
Croydon
Member since
2010
Ganesh Vaidyanathan

Ganesh Vaidyanathan

Independent Payment Systems Consultant at Self employed
Message Message me Posts: 0 Comments: 6
Bio Currently working on a branch divestment program for a large bank. Current focus is on Process Design Assurance for the operating model of the divesting business Career History Over 25 years industry experience, 16 of those in Payment Cards, mainly in Operations, Delivery and Customer Relationship Management roles. Payment Cards SME with in-depth understanding of both traditional and new (e/m-commerce) payment environments across Europe and Asia.

Ganesh is Commenting on

Cracking the contactless code: Positive Technologies claims vulnerability

  That's because Apple Pay is a fully authenticated transaction by virtue of the user having to unlock the phone through biometrics. Same with Google Pay though most merchant terminals are not correctly programmed for this variation.

30 Jul 2019 Reply Read article

Cloned card cash-out operation touted as possible Tesco Bank breach explanation

  One wonders how this could get past the fraud management algorithms on the host - sudden increase in the volume of fallback mag-stripe transactions, unusuallly high velocity of cash withdrawal transactions and potentially the unusual location of these withdrawals should have all sent alarm bells ringing very loudly. May be, with TESCO being a new bank, the limited volume of customer behaviour history data available to these algorithms limited their effectiveness.

22 Nov 2016 Reply Read article

MasterCard agrees £700m VocaLink acquisition

  @Ketharam Swamimathan: that is where the complementary business model is key. MasterCard could for instance package and licence the technology and make a killing on licence fees. After all, the technology has already been deployed in Singapore. Remittance is another area where MasterCard could have a significant play with this technology. As you say, time and shareholders will tell.

22 Jul 2016 Reply Read article

MasterCard agrees £700m VocaLink acquisition

  Time will tell Ketharaman but I feel that is unlikely. I expect MasterCard to leverage Vocalink to develop a complementary business model and a parallel revenue stream.

22 Jul 2016 Reply Read article