A2A, Fed Now and “Instant” Payments – Threat to V/MA? Nope

The economic model in payment is the key to success. This is the V/MA innovation. Parties that own risk must be compensated for it. Successful payment networks revolve around a shared and enforceable definition of roles, standards, counterparties, trust and risk. These attributes and the operating model drive scale and participant investment. Regulatory-driven initiatives like SEPA, and PSD2 (open banking) have failed because of this dynamic.  Continue reading