Next-Gen Payment Platform: Insights from VGS’ Chuck Yu

Descoped: The Payments Security Podcast

Apr 26 2023 • 22 mins

The world is quickly changing. So should the way we interact with it.

That’s one of the main takeaways from this conversation with Chuck Yu, Chief Executive Officer at VGS. Here you’ll hear Chuck’s thoughts on how the ecosystem has experienced consolidation, and his predictions of how the future of partnerships in payments will involve companies mastering certain areas of the ecosystem, rather than trying to be a one-stop-shop for everything.

We’ll talk about how the evolution of technology and the internet has impacted the way we conduct business and interact with each other, and why the need to move away from traditional swipe or dip cards to faster, cheaper, and safer payment options is more alive than ever.

Main topics:

  • What surprising use cases developers have discovered with the VGS platform
  • Why Chuck believes that pain points lead to the creation of the best products
  • Where Chuck was before joining VGS and how that experience shaped his approach to innovation in the payment industry

Our guest

  • Chuck Yu As the CEO of Very Good Security, Chuck Yu brings extensive experience and a proven track record in financial services. With a diverse background in executive leadership roles at VISA Inc., Point Digital Finance, and TrialPay, including leading the VISA Global Fintech team, Chuck has consistently driven growth, fostered innovation, and steered diverse teams in the rapidly evolving world of finance and technology. Prior to joining Very Good Security, Chuck served as Chief Revenue Officer at TrialPay Inc., where he played a crucial role in its acquisition by Visa in 2015. Holding a BA from the University of California, Berkeley, and a Juris Doctor from UCSF Law, Chuck leverages his unique blend of legal expertise and business acumen to drive VGS’ mission of providing secure, compliant, and scalable payment security solutions.


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