Behind the humble QR code is an epic struggle over payments infrastructure.
Banks are reengineering tech platforms and partnerships to extend treasury and payments services to corporations’ end users.
Ron Karpovich says the bank is beginning to develop solutions aimed at suppliers of e-commerce services, not just the platforms.
Why is HSBC’s corporate bank – not the consumer bank – launching digital payment services for merchants in Hong Kong?
The company is lobbying various governments where digital identity databases may facilitate new security tools for credit cards.