Remember how we told you Toast had an absolutely diabolical scheme to make money? It’s basically gaslighting merchants on payment fees, and it’s hilarious. It goes like this. Merchants refuse to...
Remember how we told you Toast had an absolutely diabolical scheme to make money? It’s basically gaslighting merchants on payment fees, and it’s hilarious. It goes like this. Merchants refuse to...
There are very few US debit rails, and building one would take decades. That’s because, as any network goes, you need two sides of the market. Fiserv is in talks to sell their debit networks (it’s...
The best part about airing dirty laundry in a sordid industry is just how fast you see an outpouring of corroborating evidence. Not even an hour after revealing Shaft4 nonsense do we get advice for how other...
For more than a decade investors fawned over verticalized software companies. These companies raised enormous amounts of capital to subsidize distribution, knowing that if they captured enough market share...
Despite being the largest merchant acquirer by revenue (yes, larger than Stripe and Adyen), Fiserv faces the dilemma of being a hodgepodge of acquisitions, tech stacks, and cultures. Organic growth is a...
