Content "What's shaking innovation in the payments industry" is a dynamic conversation between Rik Coeckelbergs and Jip de Lange outlines the various factors that are driving innovation in the payments space today.
Instant payments, open banking and new developments in cross-border payments are making payments ever more convenient and easy to integrate into all kinds of use cases and corporate ERP platforms. Fraud remains a major concern in the payments industry, but advances in machine learning and biometric authentication are helping to improve security and prevent fraudulent transactions.
Finally, in a future where both people and machines can initiate payments, often stimulated by AI, supported by AI and managed by AI, we may need to look at transactions from a completely different lens.
Together with Jip de Lange, we'll investigate how PayPal looks at these various transitions as an introduction for the rest of the day.