Core Insights - The investment strategy focuses on acquiring strong businesses when they are undervalued, emphasizing the importance of quality and price in investment decisions [1] - The portfolio has evolved over time, transitioning from Canadian dividend payers to a diverse range of industries including technology, payments, and emerging markets [1] - The current emphasis is on large tech companies with extensive user bases and content libraries, highlighting the potential for cross-selling opportunities [1] Investment Philosophy - The valuation approach prioritizes EBIT plus R&D investments, reflecting a belief in the long-term potential of certain R&D initiatives [1] - The historical annual return from February 2019 to October 2024 was 11.4% CAGR, which is below the market's 15.18% CAGR, indicating a need for improved performance in the future [1] - The investment philosophy discourages traditional "Buy" and "Sell" recommendations, advocating for a focus on exceptional businesses at fair prices, with a preference for "Strong Buy" and "Strong Sell" classifications [1] Future Outlook - The belief is that expanded knowledge and principles learned will facilitate better performance and lower portfolio turnover in the future [1] - The strategy suggests that most profits will come from holding existing investments rather than frequent trading [1] - A "Hold" position may be initiated for high-quality businesses if their pricing is not favorable, indicating a flexible approach to investment management [1]

Key Takeaways Mastercard released a report highlighting cross-border payment challenges faced by Latin American SMEs. MA is addressing these issues with Mastercard Move, enabling faster, lower-cost global transactions. Cross-border volumes for MA rose 15% in Q1 2025, with further growth expected from SME adoption of MA Move. Mastercard Incorporated (MA) , in collaboration with Payments and Commerce Market Intelligence and K2, has released a new report. It sheds light on how the existing international paym ...

Key Takeaways Visa extends its decades-long partnership with ICBA Payments to support U.S. community banks. The renewed deal expands access to Visa Direct and includes marketing, tech, and operational support. Visa gains steady fee income and deeper reach into underserved markets through ICBA Payments usage.Visa Inc. (V) , a global leader in digital payments, announced the renewal of its 40-year partnership with ICBA Payments, a fully owned subsidiary of the Independent Community Bankers of America (“ICBA ...

DALLAS , July 16, 2025 (GLOBE NEWSWIRE) -- Triumph Financial, Inc. (Nasdaq: TFIN) has released its second quarter 2025 financial results. The 2Q 2025 financial results and shareholder letter are available on the Company’s website at ir.triumph.io through the News & Events, Events & Presentations links. Aaron P. Graft, Vice Chairman & CEO, and Brad Voss, CFO, will review the financial results in a conference call with investors and analysts beginning at 9:30 a.m. central time on Thursday, July 17, 2025. The ...

Key Takeaways Mastercard is gaining merchant trust by strengthening digital security amid rising fraud risks. MA uses AI fraud tools, tokenization and real-time risk assessments to protect digital transactions. Strategic moves like acquiring RiskRecon and compliance partnerships enhance MA's cyber defense.Mastercard Incorporated (MA) continues to gain the trust of merchants in today’s digital world, where payment fraud and cyber threats are on the rise. The company’s proactive security infrastructure and ...

Activist investor Elliott has amassed a sizable position in payments services company Global Payments https://t.co/2r0K05TwZp ...

An updated edition of the May 29, 2025 article.Mobile payments encompass a wide range of financial transactions carried out using smartphones, tablets, or wearable devices, eliminating the reliance on physical cash or cards. These transactions are facilitated through tools or wallets like Apple Pay, Google Pay, and PayPal, along with technologies such as Near Field Communication (NFC), QR codes, and in-app payment systems.What started as a convenient alternative has evolved into a powerful financial ecosyst ...

Key Takeaways Visa has invested over $10B in tech to boost fraud detection and AI-driven decision-making tools. V blocked $40B in fraud attempts and cut e-commerce fraud using AI tools like the VAAI Score. V processed 60.7B transactions in Q2 FY25, with AI analyzing 400 attributes per payment in milliseconds.Visa Inc. (V) is placing a significant wager on Artificial Intelligence (AI) in order to sustain its dominance in the global payments ecosystem as digital payments develop quickly. With real-time paym ...

Seamless Crypto-Powered Cross-Border Payments will be available soonCARMEL-BY-THE-SEA, Calif., July 15, 2025 (GLOBE NEWSWIRE) -- Innovative Payment Solutions, Inc. (OTCQB: IPSI), a digital payments innovator dedicated to empowering underserved communities, is thrilled to announce an exciting partnership with (OTC: BULT), a trailblazer in Bitcoin ATM technology. This collaboration brings together IPSI’s mission to simplify global payments with BULT’s cutting-edge Bitcoin ATM network and patented technology ( ...

MONTEVIDEO, Uruguay, July 14, 2025 (GLOBE NEWSWIRE) -- DLocal Limited (NASDAQ: DLO, “dLocal” or the “Company”), a technology-first payments platform enabling global enterprise merchants to connect with billions of consumers in emerging markets, intends to release financial results for its second fiscal quarter ended June 30, 2025 on August 13, 2025 after market close. The Company will host a conference call and video webcast on August 13, 2025 at 5:00 p.m. Eastern Time. Please click here to pre-register for ...