From Code to Product: How Deon Crasto Mastered Global Payments Tech

Product Management Fintech Career Evolution

Product Management Fintech: Professional headshot of Deon Crasto during the Career Spotlight podcast interview
Deon Crasto, Principal Product Manager at Velocity Global, specializing in global payment solutions and AI-driven fraud detection

In this episode of Career Spotlight, we sit down with Deon Crasto, Principal Product Manager at Velocity Global, who shares his fascinating journey from software engineer to product management leader. With nearly a decade of experience spanning machine learning, healthcare tech, and global payments, Deon offers unique insights into navigating career transitions in the tech industry. His deep expertise in data science and AI has positioned him as a thought leader in the fintech space, particularly in developing sophisticated payment solutions that scale across international markets.

Innovation Through Data Science

During our conversation, Deon revealed how his analytical background in data science shaped his approach to payment solutions and fraud detection. His career path includes impactful roles at OnDeck Capital, Livongo (acquired by Teladoc), and Checkr, where he developed innovative solutions for highly regulated industries. His work at OnDeck Capital revolutionized small business lending through machine learning algorithms, while at Livongo, he helped transform healthcare technology during a major acquisition. Now based in London, Deon brings a global perspective to product management and cross-border payment systems.

Global Leadership Impact

Deon shares candid insights about scaling products internationally and the challenges of building payment solutions that work across different regulatory frameworks. His experience leading teams through major organizational changes, including acquisitions and market expansions, provides valuable lessons for technology professionals looking to advance their careers in product management or fintech. The conversation highlights how his leadership style evolved from managing technical implementations to driving strategic product decisions.

Future of Fintech Innovation

Looking ahead, Deon discusses emerging trends in fintech and his vision for the future of global payment systems. He explores how artificial intelligence and machine learning will continue to reshape fraud detection and risk assessment while emphasizing the importance of maintaining ethical considerations in product development. His insights into upcoming regulatory changes and their impact on international payment solutions provide valuable foresight for professionals in the field.

Key Discussion Points:

  • Transitioning from software engineering to product management
  • Building self-learning fraud detection models
  • Managing product development in highly regulated industries
  • Adapting to company acquisitions and organizational changes
  • Balancing innovation with ethical AI implementation
  • Navigating global payment systems and compliance
  • Leading cross-functional teams and stakeholder management
  • Career opportunities in financial technology
  • Impact of AI on Payment Solutions
  • Working across international markets
  • Product management career progression paths
  • Emerging trends in fintech and AI

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