Raphael Ouzan, BillGuard: The Social Data Layer in Payments

We talk with BillGuard founder Raphael Ouzan about the social data layer that is missing in payment invoices and billing statements. 

Ouzan's crafty invention is set to make it easier to read where payments are going, to whom they go, and why. Most of waht we have today is a confusing muddle of transaction data that serves the machines and the vendors but does nothing to encourage trust and ease of mind for the end user, you and me, the guys with the credit cards and debit cards buying stuff for Christmas or a dinner out one night. 

And if the end user can't trust the billing statement, it's that much easier to perpetuate fraud. 

We had this interview in Tel Aviv, on Raphael's way home.