Reforming Retail

Moneris Sale Taps Jeff Sloan, But AI Now Easily Replaces Sloan’s Creative “Value”

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...

This Legal Case Just Determined The Future of Embedded Payments

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...

What The Global Payments RIF Reveals about The State of Legacy Payments

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...

Another Toast Rate Increase, And A Merchant’s Way Out

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...

Pay By Bank Will Never Work. Instant Bank Pay Is The Future

We’re going to set the stage with a little history. For hundreds of years, humans had been conducting commerce with a physical transfer of stores of value. It may have been a simple barter – take my...

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