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May 13, 2025 29 mins

In this episode, Basis Theory Co-Founder and CEO Colin Luce joins Rainforest Founder and CEO Joshua Silver for a deep dive on payments orchestration, tokenization, and vaulting.

They discussed:

  • The number one reason to invest in payment orchestration (hint: it's not least-cost routing)
  • How software companies can protect their merchant onboarding data and get more control over their payment processing
  • The sneaky retention tactic some legacy payment providers still use -- and how data vaulting can help software platforms break free
  • Why the promise of "use network tokens and save 10 bps" has yet to be realized
  • Exactly what is Payments 3.0, and the capability it is unlocking for software platform


The Payments Strategy Show is brought to you by Vertex and Rainforest.


Vertex: The Vertical Software Conference

This invite-only event and community offers networking, learning, and unique insights on go-to-market, monetization, product expansion, fundraising, and M&A.

Learn more: https://www.vertexconference.com/

Get updates on LinkedIn: https://www.linkedin.com/company/vertex-vertical-software-conference


Rainforest is the embedded payments purpose-built for vertical SaaS.

Grow revenue with the only payfac-as-a-service provider optimized to help you drive more payments volume at higher margins, without risk or compliance headaches.

Learn more: https://rainforestpay.com

Connect with us on LinkedIn: https://linkedin.com/company/rainforestpay


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