Connected Economy’s Evolution Is Hindered by ‘Balkanization’ of Payment Providers, Says Thredd’s McCarthy

Jim McCarthy, CEO of Thredd, tells Karen Webster that commerce itself — B2B and B2C transactions — may be lost in the shuffle when it comes to payments innovation. But virtual card issuance, real-time payments and a winnowing down of the sheer number of providers should help improve digital, seamless fund flows.