Fintech Insider Podcast by 11:FS cover image

752. Insights: How does Big Tech shake up the payments industry?

Fintech Insider Podcast by 11:FS

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The Evolution of Big Tech

The contactless specification is built by the networks. The application that sits on the chip of your cards is the same application that sits in your phone. What the device does is a beautiful experience, I mean, really beautiful experience and they bring the biometrics as a security factor. So it's an evolution, as Jim says, more than a revolution and one that I think benefits many people. And I think ultimately, it's underpinned by the banks.

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