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ReadersSpeak
Sandbox, really? you with one application of the
term. Also, in "The payments
I'm probably putting my ignorance on blast by asking this, but I've been hearing journey: From point of sale to points
the term "sandbox" used a lot in fintech circles lately. It's definitely a buzzword. of commerce - Part 3," The Green
Why pick a term from the world of toddlers and preschoolers? Doesn't it have a Sheet, May 8, 2017, Dale S. Laszig
regressive ring to it? Can you shed light on this? mentioned that sandboxes have
Shannon Krupa been used to contain and observe
Merchant Level Salesperson suspected malware; however,
Shannon, malware became able to detect and
render itself dormant when it was in
Your question is timely. In our next issue, you'll find an article that discusses a sandbox environment.
sandboxes, specifically fintech regulatory sandboxes. That should familiarize
The term "sandbox" was borrowed
from the children's realm because
children in sandboxes are typically
engaged in imaginative play,
building sand castles and tunnels and
other imaginary worlds ‒ in a non-
threatening environment. Software
developers began using the term to
describe testing environments kept
separate from production. These
are places where developers can
experiment with code and be free
to use their imaginations and build
things completely from scratch.
The term is used more broadly to
describe places where employees
of a company can collaborate,
improvise and watch one another
work. In "The Serious Business of
Sandboxes," strategy+business, Jan.
9, 2017, David Clarke wrote that
corporate leaders are seeking creative
ways to solve problems created by
accelerated digital disruption that
is rendering old practices obsolete.
"Part product development, part
project management, the sandbox
approach enables all parts of your
workforce to visualize the journey
from conception to prototype in one
continuous, seamless environment,"
he wrote. "The more your workforce
collaborates, the more they can learn
how to connect initiatives across the
organization."
Editor
How does your
company innovate?
Do you use sandboxes to develop
new tools for your business or your
merchant clients? Tell us about it at
greensheet@greensheet.com. And don’t'
forget to keep submitting your press
releases to press@greensheet.com.
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