Debating the Effectiveness of Authentication and Identification Systems

Erin McCune

June 10, 2008

Chris Skinner contemplates payments risk and fraud prevention in anticipation of his Oxford Society style debate at the Financial Services Club (London). In preparation, he's posted the text of a speech on risk management. After the debate he'll post more (His post-debate write up is here). For now, here's an excerpt:

I would claim that, today, information about money is more important
than money itself.
These days, instead of robbing bank branches, I just
need to thieve identities, account numbers and passwords.

Until we resolve this conundrum, we will be stuck in this
never-ending vacuum of more and more electronic payment volumes
growing, with increasing risks of those payments being fraudulent.

Read the rest:

During her time at Glenbrook, Erin focused on client engagements in business payments, cross-border transactions, bill payment, and the intersection of corporate finance, banking, and ERP/accounting. She has nearly twenty years of experience leading increasingly complex payment initiatives for corporate clients and advising financial institutions and payment technologists on the development of their payment capabilities.

Erin is also the founder of Forte Financial, a consulting firm focused on corporate finance efficiency, technology, and process improvement. She is a past president of the Financial Women’s Association of San Francisco and also a two-term past president of the San Francisco Treasury Management Association. Erin is no longer with Glenbrook, but contributed greatly during her time at the firm.

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