January 19, 2014
Let’s take a long-term macro view:
Has business model innovation always trumped technology innovation? Not necessarily.
Does technology innovation usually enable business model innovation? Absolutely.
Now, let’s look at these questions in the context of the Payments Industry.
The first one has been true for most of recent history - most of the innovation in payments was related to making markets, changing habits, protecting sovereign mandates, sometimes just following ...