Data may be the new currency, but it is mobility that will help leverage that data to forge the connected economy.
To that end, a trio of payments professionals told Gloria Colgan, senior vice president, global product at Visa, that digitized B2B interactions help firms reimagine cash collections, loyalty programs and ultimately, the consumer experience.
At a high level, the panelists said, the global pandemic has catalyzed digitization across business functions. Overnight, businesses were reinventing themselves, reimagining their operations, improving how they pay and get paid — all in an effort to survive and ultimately thrive in the new world.
No matter the type of transaction, data plays an important part, aiding enterprises in pursuit of context, innovation and embedded payments.
Panelists remarked that although the great digital shift has been underway through the last 18 …