What business needs in digital payments ?
From a market context, awareness and power are what those four tasks turn into. Businesses really don’t know where their money is at any given moment, and that can be enormously growth-inhibiting, undermining trust, and slowing transactions — delayed confirmations carry nothing but frustration and ambiguity.
Visibility and power also apply to awareness of who you are doing business with. Companies need to learn where the risks of fraud are. Ultimately, it points to the basic need for trust building and improved secure digital identity and security of the network. During every given moment, businesses want to know their place and a situation.
As for my point of view, the business is transforming into a very open ecosystem for technologies, where everything is interoperable. Transparency and confidence, the building stone of safe and successful enterprise, and relationships are essential ingredients of growth. The consensus around the table to create a stake in this emerging world and community was to work together as allies, double the resources and capabilities of the companies to support a shared target.