Securing and Protecting Your Finances In The Cashless Society - Joe Daly

Everyone's Talkin' Money

Shari Rash

Business, Self-improvement, Education

4.6 • 631 Ratings

🗓️ 8 January 2018

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

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Summary

Let's talk about a "tough" money subject – security and fraud prevention. It's on everyone's mind, even though our cashless society is pretty convenient for us all. The payments innovation landscape is rapidly broadening to encompass innovation ranging from mobile payments to biometrics (as exhibited by Apple’s recent announcement) and even voice-activated payments – but the question remains, can you trust these new technologies for payments? On This Podcast Episode: I'm going straight to the expert, Joe Daly (COO, Paysafe Payments Processing, North America), to find out how you can stay save in this cashless society. On this episode we're talking about topics that we're all trying to figure out including: Cashless Future – Millennials are the driving force behind a cashless society, but you expect high-performance and security from your alternative payment options before you completely abandon traditional payment methods. How can you balance that? Convenience Above All – In 2018, millennials will drive digital wallet adoption due to this generation’s preference for convenient payment methods. How do you stay safe? Alternative Payment Technologies – Although Paysafe research found 31% of 18 – 34 year-olds already use cryptocurrencies from time to time, Millennials will not be a driving force behind standardizing cryptocurrency as a mainstream payment. Why is this? Thanks for Tuning In: Thanks for tuning in to listen to this episode of Millennial Money. Every listen means so much to us. If you’ve enjoyed this episode, please share it on social media using the hashtag #millennialmoneypodcast. Also, please leave an honest review for Millennial Money on iTunes! Ratings and reviews are extremely helpful and much appreciated! You’re awesome! Want More: Shannah on Twitter Shannah on Instagram Disclosure: The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investment(s) and financial strategies may be appropriate for you, consult your financial adviser prior to investing. There is no assurance that the techniques and strategies discussed are suitable for all investors or will yield positive outcomes. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hey, I'm Seana Compton Game. This is Millennium Money, and today we're talking securing and protecting your finances in this cashless society with Joena Compton Game.
0:32.9	It will expand your brain.
0:43.2	Hi, this is Elton John here.
0:45.6	Together with the Alliance for Lifetime Income,
0:48.7	I'm spreading the word about the importance of protected income,
0:50.7	which is money you're guaranteed to get.
0:55.4	Protected income from an annuity helps ensure you have all your bases covered so you can have the financial freedom to tick off your bucket list. Meet with your financial
1:00.6	advisor to ask if you have protected income and get their help making a plan that fits your unique
1:06.4	financial goals. Go to protectedincome.org today.
1:20.0	Boy, oh boy, is today's podcast a tough money subject talking about security and fraud prevention?
1:26.0	And I know that a lot of you that are listening to this podcast have had your identity stolen.
1:31.0	I have heard story after story. And it just feels like nobody is safe.
1:38.8	And the more that technology advances, it's almost like the more susceptible we are to fraud happening. And there really doesn't feel like any way to properly protect ourselves you know
1:46.6	every kind of move and protection that you make uh it doesn't necessarily like a batten down the
1:54.0	hatches right and i know this is on everyone's mind even though the cashless society that we live in
2:00.2	is really convenient for all of us. I mean,
2:03.1	I love pushing a button and being able to buy something with my phone, being able to check out.
2:08.7	All of those conveniences are just so awesome. And, you know, it's only going to go forward in that
2:14.4	direction and forward fast, whether we like it or not. In fact, I was just watching
2:19.4	the TV the other day and they had an Apple commercial on for one of the new iPhones and they were
2:24.7	talking about how you can check out just with your eyes. And as a personal finance expert,
2:31.2	like that really scares me. I'm thinking like, oh my gosh, can you think of like how many purchases you're going to be able to make? Like, you don't even have to think about it
	...

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