The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 7 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Ulrich: Mastercard scores real-time transaction fraud in milliseconds using GenAI
“The product we have is called Decision Intelligence, and that's where in the milliseconds we have between when a transaction passes through our network from when you tap to buy something in a store, it passes through MasterCard to go to the issuer. We're provi…”
Rampell: Starbucks Pay was designed to avoid per-transaction payment processing fees
“That's why Starbucks invented Starbucks Pay, because they wanted to stop having to pay. It's like these prepaid, they only have to pay one time. You chart, you put 50 dollars on your Starbucks account, well, they only have to pay Visa, MasterCard, and everybod…”
Levchin: Visa and Mastercard enforce a strict 2.5-second transaction limit
“Visa and MasterCard have a hard two and a half second limit on interaction between the network issuing bank and the merchant and the acquiring bank.”
Ulrich: Mastercard's Shopping Muse uses GenAI for online retail recommendations
“In personalization, we have something called Shopping Muse, which is basically enabling the in-store experience online. So you have a chatbot effectively where you can type in your own language and ask for recommendations. ... It's allowing you to interact lik…”
Ulrich: Mastercard uses RAG and internal databases for customer onboarding AI
“What we've done is we've created a digital assistant that uses RAG and points to all these technical databases, the Q and A's we've had over time, where we've tested and fine-tuned these models to enable customers to onboard our products easier by automating a…”
The annual global B2B market is $125 trillion, quadrupling consumer markets
“The size of the market, I think MasterCard's paid it at 125 trillion dollars annually, which is four times the size of the consumer driven B to B to C market where global payments historically had competed.”
Chan: China Has Fewer Than 436 Million Credit Cards for 1.36B People
“Now, if I look at the number of people in the US and how many credit cards we have, there is more than one credit card for every person in the US. But then if I look at the Chinese population of 1.36 billion people, and I add up all the American Express cards,…”