Anyone else utterly confused by this?; "Getting to a position where, simply through one digital wallet from your main bank, you can pay through any channel with power of tokenisation within it, we can both remove friction across all channels and make them critically secure transactions."

It's the bank that hold the line of credit, or access to your debit accounts, what exactly do we need the card brands for?

The only reason we NEED tokenisation is because the branded card number is an insecure, 50+ year old technology that needs to be replaced.