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I am unfamiliar with Wero. Can you explain why it is an engineering fiasco? Side note: Looking at their job listings I don't see any engineering positions (wit

by Cwizard 8mo ago

I am unfamiliar with Wero. Can you explain why it is an engineering fiasco? Side note: Looking at their job listings I don't see any engineering positions (with the exception of a security engineer which is a grey area in a bank IMO), only managers and business roles.

sam_lowry_ 8mo ago
I see one engineering job ad https://careers.epicompany.eu/jobs/6909459-senior-full-stack-engineer-digital-identity-eudi-wallet-eidas2-remote-first https://careers.epicompany.eu/jobs/6909459-senior-full-stack... if we can call EU Digital Wallet speculation "engineering". But you just answered your own question. Wero is a money extraction business that secured European Commission support. There is no engineering nor payment system to it.
- woodpanel 8mo ago
  what ever "money extraction business" means - wero is a real thing people (me included) are already using and developed jointly by many european banks.
  - sam_lowry_ 8mo ago
    Old Dutch banks and their Belgian suckers, mostly. You can see a list on their website. I am not deep into this, but I heard multiple times that the choice of the pan-european payment system was largely political and technnically suboptimal. Old Europe pushed for the aging iDEAL against a much more advanced Blink, so Eastern European banks led by Poland left the consortium. In the end, iDEAL rebranded as Wero was dead on arrival because a successful system needs to be supported by everyone.
    - woodpanel 8mo ago
      Sounds more like you have some axe to grind https://epicompany.eu/members https://epicompany.eu/members
      - sam_lowry_ 8mo ago
        Others joined quite recently, indeed. Wikipedia gives an overview by year. As for the axe, I have no personal interest.
    - seec 8mo ago
      I have no idea what you are talking about. I have been using Wero for a while in France and it works just fine and is completely free. It's basically instant bank transfer without any fee or limitation on how many you can do.

by Cwizard 8mo ago

sam_lowry_ 8mo ago

I see one engineering job ad https://careers.epicompany.eu/jobs/6909459-senior-full-stack-engineer-digital-identity-eudi-wallet-eidas2-remote-first https://careers.epicompany.eu/jobs/6909459-senior-full-stack... if we can call EU Digital Wallet speculation "engineering". But you just answered your own question. Wero is a money extraction business that secured European Commission support. There is no engineering nor payment system to it.

woodpanel 8mo ago
what ever "money extraction business" means - wero is a real thing people (me included) are already using and developed jointly by many european banks.
- sam_lowry_ 8mo ago
  Old Dutch banks and their Belgian suckers, mostly. You can see a list on their website. I am not deep into this, but I heard multiple times that the choice of the pan-european payment system was largely political and technnically suboptimal. Old Europe pushed for the aging iDEAL against a much more advanced Blink, so Eastern European banks led by Poland left the consortium. In the end, iDEAL rebranded as Wero was dead on arrival because a successful system needs to be supported by everyone.
  - woodpanel 8mo ago
    Sounds more like you have some axe to grind https://epicompany.eu/members https://epicompany.eu/members
    - sam_lowry_ 8mo ago
      Others joined quite recently, indeed. Wikipedia gives an overview by year. As for the axe, I have no personal interest.
  - seec 8mo ago
    I have no idea what you are talking about. I have been using Wero for a while in France and it works just fine and is completely free. It's basically instant bank transfer without any fee or limitation on how many you can do.