The advent of new technologies is rapidly disrupting the value chain of all sectors, and companies are increasingly forming partnerships with start-ups to better serve their customers, according to one global research and analyst firm.

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Global credit/debit card provider Visa has partnered with fintech Payment Logic to launch Yak Pay, a company providing small businesses with the ability to use digital payments when paying non-card accepting suppliers.

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Sydney-based payments company Monoova has partnered with payment services provider for banks and payment platforms Cuscal to rollout NPP payment capabilities to Monoova’s automated payment service.

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