VGS’s Arthur Bedel Featured on Payments Leaders' Summit Podcast

Watch Arthur Bedel's Payments Leaders' Summit podcast interview, in which he discusses interoperability in payments infrastructure.

VGS Director of Revenue Arthur Bedel recently sat down with Laura Lewis in a Payments Leaders' Summit podcast episode to discuss interoperability in payments, not just in open banking but also in merchant payment ecosystems.

Takeaways

• Resilient Architecting: He stresses the importance of multi-PSP systems, robust fraud prevention, and dedicated payments teams for scalability and resilience against processor disruption.
• Cross Collaboration: Payments, specifically payment data, are increasingly related to digital identity than finances. As payment methods and ecosystems evolve, more collaboration across banks, payment providers, and merchants is needed for these players to be successful.
• Global Best Practices: Bedel highlights the importance of learning from successful payment systems like India's UPI and participating in European-wide initiatives to advance the UK's payment landscape.
• Invisible In-Store Payments: Bedel envisions a future where in-store payments become more seamless and invisible, with consumers using digital wallets for quick, convenient purchases.

Watch the full interview for more insights from payments expert Arthur Bedel. For updates on the latest payment industry trends and innovations, follow Arthur on LinkedIn and subscribe to his Connecting the Dots in…Payments newsletter.