Coronavirus and consolidation
In our first episode of PayDirt: A PaymentsSource Podcast, we talk with Melissa Smith, the CEO of WEX, and her colleague Jay Dearborn about the biggest changes in store for transit, health and corporate payments.
Before coronavirus changed the nature of business, the payments industry was already in a state of upheaval. Major tech companies were engaging in huge M&A deals to better compete against nimble fintechs.
Some sectors are now being forced to make big decisions about how they handle payments — be it travel, health care, or other industries that support global commerce.