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How Industry 4.0 is defining the future of business payments

How Industry 4.0 is defining the future of business payments

Mastercard
Published by: Research Desk Released: Jun 12, 2019

What was once an evolution of capabilities is now a revolution of technology and expectations as we move into the new era called Industry 4.0.

Thanks to digital innovation, companies can now connect all processing points in the cash cycle digitally, improving costs and mitigating risk. But more than that, companies can see the competitive advantage of more broadly available enterprise intelligence through easier data access and analytics.

Banks remain key delivery partners for businesses navigating the new economy created by Industry 4.0. Success will come by pairing with powerful financial technology providers possessing the vision and global expertise to navigate toward 2022 and beyond.