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Podcast: Visa's network-of-networks strategy and vision for Web3 commerce, with Visa Europe's SVP Emma Kerr
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Podcast: Visa's network-of-networks strategy and vision for Web3 commerce, with Visa Europe's SVP Emma Kerr

Hi Fintech Futurists —

Welcome back to our podcast series! For those that want to subscribe in your app of choice, you can now find us at Apple, Spotify, or on RSS.

In this conversation, we chat with Emma Kerr - Senior Vice President, Head of Strategic Partnerships, Europe at Visa. Her team is responsible for all the Big Tech, FinTech and Enabler relationships across Europe - focusing on driving innovation at Visa. Prior to this role, she was the VP of Strategy and Operations for UK&I driving industry initiatives and deals. Before then, she was the Chief of Staff to the CEO and Chairman of Visa between 2016 to 2019. Emma spent her early career in Visa's digital product business and merchant and acquiring team in Asia Pacific. Kerr holds a Bachelor of Arts in Economics and English from Northwestern University. Additionally, she holds an Integrated Marketing Communications certificate from Northwestern’s Medill School of Journalism.

Visa Inc. - Business overview

Topics: Payments, crypto, paytech, NFT, web3, commerce, network, payment network, payment rail, E-commerce

Tags: Visa, USDC, VisaNet, Visa B2B Connect


👑See related coverage👑


Timestamp

  • 1’12”: Unpacking Visa's definition of commerce and merchant: Understanding the scope and qualifications

  • 5’14”: Unveiling Emma’s journey within Visa: Exploring her career progression and during the evolution of payment networks

  • 11’36”: Navigating the network of networks: Visa's position in the evolving landscape of payments and the categorization of crypto and Web3

  • 16’09”: Exploring Web3 commerce: The intersection of utility, value, and digital objects

  • 20’15”: Unraveling the value of NFTs: Why non-fungible tokens and digital object wrappers matter

  • 22’44”: Breaking down the future of NFTs and crypto: Scaling, interoperability, and evolving value propositions

  • 25’56”: Predicting the future of digital objects and crypto payments: From primitives to interactive software & integrating crypto into payment rails

  • 29’25”: Constructing the future of crypto infrastructure: USDC integration and layer 2 solutions

  • 31’55”: Navigating the multi-rail payments landscape: Visa's strategy for staying hyper relevant

  • 33’29”: The channels used to connect with Emma & learn more about Visa


Sneak Peek:

Emma Kerr:
…network-of-networks really emerged because just as I mentioned, we're always looking at our approach to the broader payments ecosystem and saying, "Hey, is this going to be what's needed in the coming 10 years?"

Evolving Beyond the Card to Become a Network of... — The Newsroom - Visa  Asia Pacific

And one of the things that I think the company's really appreciated over the last several years is the fact that there are tons of networks out there, just as you've said. And in our view, we really want to be a catalyst for connecting them and ensuring that those networks are getting the value of our network and that ideally we're all making each other better and stronger.

And so the network of networks strategy is really Visa saying we want to enable other third parties to gain access into VisaNet, into Visa and be able to transact and use the touch points and the endpoints that we've built up over the last 50-plus years.

Visa drops $5.3 billion on Plaid in bid to future proof itself -  Telecoms.com

And so, an example of that would be probably a couple of different things. First is B2B Connect, which is really an ancillary network that Visa has helped to create, which operates off of a distributed ledger, and it enables banks to make large ticket, cross-border business transactions and settle up directly without Visa in the middle. So that's an example.

How to Use Visa B2B Connect

Another example would be…

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