You know how long retailers have been engaged in a class action against the duopoloists Visa and Mastercard? 20 years. And you know what the initial ruling was? A one-sided pile of horsesh*t that guaranteed...
Payments is just a merry-go-round. Same people. Same playbook. Same outcomes. And boy are we here for it. Two large Canadian banks (RBC and BMO) are divesting Moneris, the leading Canadian processor. Canada...
Payments pricing doubled. Nobody told us this would happen. Moving softwares is like changing artificial hearts: can in theory, but it’s not practical, and my software knows it. I was on a trial. The...
Global Payments acquired Worldpay, which was a fantastic quick flip for GTCR who basically doubled their money in two years. Achieving that outcome on businesses the size of Worldpay means somebody got...
Toast has built a great company but the markets aren’t rewarding their performance. Which makes us wonder how much this explains Toast’s latest rate increase. Look, payments are perfectly indexed...