Apologies? Not at all—happy the preso was of some use to someone!

https://share.confex.com/share/119/webprogram/Handout/Session11409/The%20Payments%20Ecosystem.pdf
 is one version. I update it constantly, so the various versions floating 
around *are* slightly different.

…phsiii

---------- Forwarded message ----------
From: Charles Mills <[email protected]<mailto:[email protected]>>
Date: Sat, Nov 21, 2015 at 11:33 AM
Subject: Re: Were you at SHARE in Seattle? Watch your credit card statements!
To: [email protected]<mailto:[email protected]>


Hunt down Phil Smith's SHARE presentation if you want to understand the reality 
of financial institutions and credit card fraud.

The direct financial impact of fraud is but a footnote. It is trivial compared 
to, say, personal bankruptcy losses. The real threat (to financial 
institutions) from fraud is that masses of consumers will say "that does it -- 
I am never using a credit card again." THAT is a very scary threat.

(With apologies to Phil ...)

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