Can Payment Systems & Infrastructure Keep Up?
5G promises to extend network reach and density while improving the speed and connectivity of individual connections. Are legacy payment systems and infrastructure equipped to handle the coming rush of payments and data volume?
The ability of regulators and financial institutions to upgrade payment systems to handle this increased payment velocity, while simultaneously protecting against new threats will be key to realizing the promise of 5G. If these open networks cannot do so, more nimble closed-loop networks will have the upper hand.