The payments data illusion - by Andrew M. Dresner

I realize my posts may be a grind to get through at 8-10 pages each. I just don’t seem to be able to write short posts. I always include a Key Insights section at the end to summarize the takeaways, but you may never have made it that far to find it. Going forward, I am moving the Key Insights section to the front of each post. Those pressed for time no longer need to slog through all my precious detail. If time allows I will reorganize all prior posts, so you can easily curate the ones relevant to you. Both incumbents and insurgents have claimed that payment message data is a valuable asset — most often to justify synergy in a merger or acquisition The emergence of AI has amplified these claims, as AI assumes more data is always better than less data Payment messages have little content useful beyond authorization, clearing and settlement of payments. That is true for both Card Messages (ISO 8583) and ACH messages Payment messages have a poor record in analytics use cases as they lack

I realize my posts may be a grind to get through at 8-10 pages each. I just don’t seem to be able to write short posts. I always include a Key Insights section at the end to summarize the takeaways, but you may never have made it that far to find it. Going forward, I am moving the Key Insights section to the front of each post. Those pressed for time no longer need to slog through all my precious detail. If time allows I will reorganize all prior posts, so you can easily curate the ones relevant to you. Both incumbents and insurgents have claimed that payment message data is a valuable asset —