As cash, cards, and codes converge, global payment networks are quietly rebuilding the “payments stack” behind everyday commerce. This session brings together practitioners from large‑scale card schemes, and cross‑border messaging networks to unpack how their core architectures are evolving. Speakers will explore how tokenisation, richer data standards, and real‑time connectivity are changing authorization, clearing, and settlement across borders, while meeting rising regulatory and security expectations. The dialogue will highlight practical examples from Asia and beyond, and offer a practitioner‑level view of what the next‑generation payments stack means for banks, platforms, and end‑users.






