Rivals jockeying for position in big race

Current disruption in the payment industry is likely to trigger major changes over the next few years. The introduction of the open banking regulations along with new challenger firms have already caused a shift in the industry.

The article in the Future of Payments supplement highlights the four scenarios in which the industry could change in the future, consisting of ‘Status quo’, ‘New oligopoly’, ‘Utility model’, and ‘Parallel infrastructure’. 

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