The document discusses the challenges and technological shifts in the payment industry, including the transition to EMV-compliant hardware and the rise of contactless payments. It highlights the difficulties businesses face with traditional payment solutions, such as lack of access, disjointed offerings, slow fund access, and lack of transparency. The document also outlines an end-to-end commerce ecosystem designed to address these issues with features like ease of use, cohesion, speed, predictability, trust, and transparency.
doj/DataSet10/EFTA01377629.pdf
{"document_type":"other","document_subtype":"S-1/A Filing","key_organizations":["Congressional Research Service","EMV Migration Forum","Federal Reserve Bank of New York"],"reference_numbers":["DB-SDNY-0074780","SDNY_GM_00220964","EFTA01377629"]}