New financial technology firms and payment platforms are unlikely to displace the existing consumer electronic payments landscape, Moody’s Investors Service says in a new report. While technology innovation poses a long-term competitive threat to the current payment ecosystem, led by card networks, card-issuing banks and merchant acquirers, Moody’s expects the established system to be resilient […]
Please click here to read the article in full – Moody’s: New Payment Technologies Pose Threat, But Incumbents Unlikely To Be Displaced. This article first appeared first on Blockchain News.
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