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Azeem Azhar's Exponential View

The Future of Digital Payments

23 Jun 2021

Description

Visa processes more than 500 million transactions every day. How is the world’s largest digital payment platform adapting to new technologies and fresh competition? Charlotte Hogg, executive vice president and CEO of its European operations, joins Azeem Azhar to explore the evolving ecosystem of digital payments. They also discuss: Why Visa should be seen as a platform-based technology company like Google, despite being an established financial institution. Why the Visa’s “open network” model demands a level playing field for all participants. Why an increasingly cashless world is pushing central banks towards digital currencies. How the payment platform is now enabling settlement in the USDC stablecoin – a cryptocurrency pegged to the U.S. dollar. @azeem @exponentialview Further resources: “Visa launches suite of AI tools to enable smarter payments” (TechRadar, 2021) “Central banks get serious on digital currencies” (Financial Times, 2021) “Bitcoin and the Future of Decentralized Finance” (Exponential View podcast, 2021) Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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