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The payments giant plans to work with issuers to allow bank customers to set up their digital identities inside branches, according to a recent report in Wired. Those IDs will then be provisioned onto consumers' devices as a token.

Was your first reaction to the Global Payments – TSYS merger an eye roll and “here we go again”? Looking deeper at why these two companies are a good fit demonstrates the evolution of payment companies needing to think as software companies first,...