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        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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