What's more important for players in the payments industry, payment processing volume or access to customer data? And do you really have to choose?

• A2A payments (EU's SEPA, UK's Faster Payments) are monetizing customer data and banking relationships, and are in fact bypassing the interchange fees.

• CBDCs may replace traditional payment systems by offering secure government currency with automatic payment records.

• Instant payment technologies (FedNow, Wero) can have both scale and data - if architected correctly.

• Secure Remote Commerce (SRC) is a way for networks to keep on innovating and capture both interchange fees as well as customer data.

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The questions we need to ask:

➜ How can traditional networks pivot to keep up with the changing payments landscape?

➜ Will banks know how to fully leverage their direct customer relationships?

➜ Are fintechs equipped to compete with the big players?At Explicit Selection, we help players in the payment industry navigate strategy and technology.

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Together, we take a look at all angles, and we advise which route to take based on your requirements.

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The winners might not have to choose between volume and data - they'll reinvent how they monetize both.Which disruption keeps you up at night: the erosion of network fees or the battle for customer data?