Author: KoreFusion
KoreFusion's Take on Emerging Trends in Merchant Payments
KoreFusion Partners Daniel Ben-Aron and Jan Smith had a busy three days at MPE 2024 in Berlin. Solid presentations and great networking. Five key takeaways from the Merchant Payments Ecosystem conference:
• B2B payments are on everybody's radar but few companies are specialists, and we are still in the early stages of solutions and investments.
• Cross-border payments continue to be an area of investment and innovation, with emerging markets often leading the way.
• Open Banking is having a moment of introspection and realizing that not everything it promised has come to pass, but the future is still optimistic.
• AI for everything (of course): UX, Fraud Prevention, Improving Productivity, you name it; somebody is offering it.
• Public and private payment rails compete, co-exist, and drive innovation for payment processing and merchant services--we are entering the mid-game.
