Insight certainty 3/5 debate potential 1/5

Sands: Merchant Identity and Regulatory Mapping Are Major Fintech Opportunities

Emily Glassberg Sands · No Priors Ep. 50 | With Stripe Head of Information Emily Glassberg Sands · Feb 8, 2024 · at 23:16

Emily Glassberg Sands, Head of Information at Stripe, discusses with Elad Gil where the biggest white space exists for AI in financial technology.

0:00 / 0:27exact quote · 27.1s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“I think that, that identity piece, like who is this merchant? Are they who they say they are? But also what are they, what's their business? What are they selling? And how does that map to This pretty complicated regulatory environment is a really interesting and hard problem that lots of folks are solving in their own ways, but is, is likely an opportunity.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Emily Glassberg Sands

Prediction Not checkable as stated
Sands: Financial Foundation Models Could Beat Traditional Optimization by 200 Bps
“It doesn't feel crazy to think that a good foundation model could outperform more traditional approaches by, I don't know, a hundred bips, 200 bips.”
Emily Glassberg Sands Feb 8, 2024 ▶ 15:26 No Priors Ep. 50 | With Stripe Head of Information Emily Glassberg Sands
Insight
Sands: High Upfront Compute Costs Force AI Startups to Monetize Faster
“Unlike a bunch of the past generations of software startups, we're seeing AI startups have substantial compute costs right out of the gate, and that that's putting a bunch of pressure to build monetization engines faster.”
Emily Glassberg Sands Feb 8, 2024 ▶ 36:26 No Priors Ep. 50 | With Stripe Head of Information Emily Glassberg Sands
Opinion
Sands: Stripe Can Learn and Action Interventions Improving Business Success
“Stripe's clearly helping companies run more effectively and also in a position to learn from its data what kind of interventions significantly improve companies' long-term success. And in some cases to actually action those.”
Emily Glassberg Sands Feb 8, 2024 ▶ 1:06 No Priors Ep. 50 | With Stripe Head of Information Emily Glassberg Sands
Prediction Not checkable as stated
Sands: LLMs Will Automate Bespoke Financial Integrations Without Payments Engineers
“I think there's almost certainly an opportunity to, you know, whether Stripe does it or somebody else does it, to make sort of financial integrations way more seamless. Stripe has a whole suite of no code products, so you can use, ah, you know, payment links o…”
Emily Glassberg Sands Feb 8, 2024 ▶ 23:44 No Priors Ep. 50 | With Stripe Head of Information Emily Glassberg Sands
Assertion Not checkable as stated
Sands: Stripe ML Recovers Billions Globally in False Declines
“We use ML to optimize authorization requests for issuers, basically Identifying the optimized retry messaging and routing combinations to recover a big chunk of false declines, about 10%, so billions of dollars globally.”
Emily Glassberg Sands Feb 8, 2024 ▶ 26:32 No Priors Ep. 50 | With Stripe Head of Information Emily Glassberg Sands
Assertion Not checkable as stated
Sands: Stripe Smart Dunning Reduces Recurring Charge Declines by 30%
“For recurring charges in our billing product, we use Smart Dunning to reduce declines, and actually reduces declines by about 30%.”
Emily Glassberg Sands Feb 8, 2024 ▶ 26:55 No Priors Ep. 50 | With Stripe Head of Information Emily Glassberg Sands
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 100 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.