The recent unveiling of the Greater Bay Area blueprint by China’s State Council has ignited lots of conversation across Asia-Pacific about the impact of emerging technologies, the entrance of new players and the importance of connectivity and expanded partnerships with existing providers to support the growth of technology in the South China region.
What does the digital edge have to do with payments? The answer lies in the fact that the world has gone digital, which is changing almost every aspect of how payments are processed. The digital edge is enabling payment providers to connect to their customers where they are, to deliver services that are fast and secure.
One of the things driving this fragmentation is the fact that legacy infrastructures and current architectures were not necessarily built to handle the complex web of new connectivity that is required from new products, new partners, acquisitions or global expansion.