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A comment on Standard Treasury (YC S13) Aims To Make Software That Eats Commercial Banking. Parent comment

Re:Standard Treasury (YC S13) Aims To Make Software That Eat... by quintinsykes on Tuesday July 09, 2013 @12:48PM (#6013620)
My guess is that when he speaks of 'verification' it's more in the context of underwriting the originator of the transaction for fraud/creditworthiness vs. ensuring the account being debited is valid.
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Re:Standard Treasury (YC S13) Aims To Make Software That Eat... by tbrooks on Tuesday July 09, 2013 @01:01PM (#6013723)
That's correct.
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