Over the last few years, the torchbearers of the innovations have been the new age FinTechs and this is somehow forcing bigger payments and financial services companies to play catch-up. Ajay Adisheshann, Founder of Indian B2B payments company PayMate talks to Priyanka Pani of IBS Intelligence on the strategies adopted by global card networks such as Mastercard and Visa to remain relevant in a very agile market and bring out better products and services. He also talks about why it is difficult for large organisations to innovate faster. He also talks about PayMate, which has Visa as a strategic investor and partner, on its global expansion strategy.
