Inclusive identity

Paul Stoddart, President of New Payments Platforms at Mastercard, made an interesting presentation at this year’s Payments Canada Summit. He was talking about the future of payments and after a quick world tour looking at the state of implementation of real-time payments, he went on to highlight three trends that will shape payments across the next generation: open banking, digital currency and digital identity. Paul knows what he is talking about, so I was particularly interested in his comments on the need for “inclusive identity”.