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The Third Wave: Analytics (a.k.a. “Big Data”) Will Transform the US Payments Infrastructure

The LTP team had previously estimated the creation of 40,000 new jobs in payments and commerce. Not surprisingly, many of these opportunities are in technology and data sciences. As the large FIs continue to expand and improve their tech capabilities and the tech & mobile players begin building at scale to support payments & commerce, product and development skills will be in increasing demand.

In fact, at a macro level, the US payments infrastructure that has been supporting innovation in the space for the last few decades has broadly followed several overlapping waves o ...

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