Question-and-Answer SessionThank you. So for the benefit of the room, I know many of you may be familiar with Shift4, but for those who aren't, it's a fairly complex business -- is the best way to put it. So let's start with the absolute basics. So what is Shift4? And what specifically do you provide to your customers on a big picture level?David LauberChairman of the Board, President & CEO Yes, sure. So Shift4 powers the commerce behind all the great experiences in your life. And so if that's hard to find ...

Bank-offered digital wallet joins orchestration layer as consumer adoption accelerates OMAHA, Neb., Jan. 12, 2026 /PRNewswire/ -- ACI Worldwide (NASDAQ: ACIW), which powers $7 trillion in payments annually, is integrating Paze online checkout from Early Warning Services, into its Pay.On payment orchestration platform, giving U.S. consumers access to a digital wallet offered by participating banks and credit unions. ...

Core Insights - The Canadian government is implementing a ban on using screen-scraping interfaces for accessing customer data to provide financial services, with a timeline for enforcement to be determined after the Consumer Driven Banking Framework is operational [1] - Canada is set to introduce real-time payments alongside an open banking regime, allowing consumers to share banking information with fintechs and initiate payment transactions from their bank accounts [2] - The Real-Time Rail (RTR) payment system is expected to launch in 2026, following comprehensive testing, and will support faster, irrevocable payments using the ISO 20022 messaging standard [4][6] Regulatory Developments - The Retail Payment Activities Act (RPAA) was introduced to regulate fintechs participating in the payment network, with 1,500 payment service providers (PSPs) supervised by the Bank of Canada as of September 2025 [7] - Amendments to the Canadian Payments Act have expanded membership eligibility for Payments Canada to include registered PSPs, credit unions, and clearing houses, facilitating broader participation in national payment systems [9][11] Industry Impact - The RTR will enable fintechs to access payment rails directly, allowing for competition with traditional financial institutions and enhancing the overall payment ecosystem [10] - Compliance with the RPAA is expected to enhance the credibility of fintechs, enabling them to form partnerships with financial institutions and innovate faster [15][16] Technological Advancements - The RTR will utilize the ISO 20022 financial messaging standard, which is anticipated to improve data accuracy, fraud prevention, and efficiency in payment processing [23][24] - The government is developing a consumer-driven banking framework to allow secure data transfer through APIs, expected to be fully operational by early 2026 [22]

GTCR acquired a majority stake in Worldpay in July 2023 from FIS through a Leaders Strategyâ"¢ partnership with industry-veteran CEO Charles Drucker with a thesis of re-accelerating growth. Together, GTCR, Mr. Drucker, and the Worldpay leadership team effected a seamless transition from FIS and successfully executed a strategic transformation of the Company focused on technology investments, enhancing products and services, and driving operational excellence across the organization. "Our partnership with CE ...

This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Dive Brief: Payments processor Checkout.com is the latest payments player to receive a special purpose banking charter in Georgia, the company said in a news release Monday. A Georgia Department of Banking and Finance spokesperson confirmed Monday that the site received conditional approval for the merchant acquirer limited purpose bank charter (MALPB), which me ...

The “2025–2026 Growth Corporates Working Capital Index: North America Edition,” a collaboration between PYMNTS Intelligence and Visa, examines how middle-market companies across the United States and Canada are rethinking working capital as a strategic asset rather than as a defensive necessity. Based on a double-blind survey of 322 CFOs and Treasurers at companies with $50 million to $1 billion in annual revenue, the report reveals a decisive shift in how liquidity is managed, deployed and measured as firm ...

2025年底，稳定币的全球市值已突破3000亿美元，在跨境支付、数字资产交易和新兴市场中的应用不断扩大。 但6年前，当Facebook（Meta前身）宣布将发行一种由一篮子法定货币支持的全球数字货币时，却迅速演变为全球金融治理的争议焦点。各国央行一方面加 强对稳定币的监管，另一方面加快推进研究央行数字货币（CentralBankDigitalCurrency，下称 CBDC）。 Libra最终失败了，但稳定币市场却开启了快速增长，这背后的原因是什么？我们不禁追问：Libra从诞生、转型再到退出舞台，科技巨头是否适合承担金融 基础设施的角色？在数字时代，金融创新又应当如何在效率与风险之间取得平衡？ Libra的诞生 商学院观察 李伟、陈剑/文 2019年6月，在硅谷的一场发布会上，Facebook推出了一款名为Libra的数字货币。这场产品发布会更像一场宣言：这家连接全球20多亿人的社交网络巨头， 正试图打造一个无国界的金融体系，让全球用户能像发送讯息一样便捷地转移资金。对马克·扎克伯格及其团队而言，Libra不只是支付工具的革新，更是重 新定义货币的一次尝试。 Facebook高层认为，社交网络的下一个阶段， ...

Core Insights - A significant data breach has exposed over 184 million records, including sensitive information from major platforms like Apple, Google, Facebook, and Microsoft, as well as government and financial services [2][4]. Group 1: Data Breach Details - The exposed database was discovered by cybersecurity researcher Jeremiah Fowler, who noted the absence of identifiable sources for the data, making the breach particularly concerning [3]. - The breach includes compromised accounts from major consumer platforms such as Netflix, PayPal, Amazon, and Apple, with indications that financial data may also have been exposed [5]. Group 2: Implications and Risks - The breach poses a heightened risk for fraud and identity theft, as it provides direct access to individual accounts, which could be exploited by cybercriminals [4]. - The discovery of email addresses linked to .gov domains raises national security concerns, indicating that sensitive governmental information may also be at risk [5]. Group 3: Evolving Cybersecurity Threats - The scale and complexity of cyberattacks are increasing, making them more difficult to contain and remediate [6]. - Even established publications are vulnerable, as evidenced by a breach affecting Wired and Condé Nast, which resulted in the exposure of approximately 2.3 million email addresses and other personal information [7].

Core Insights - The market has been challenging for certain companies in 2026, particularly those affected by the AI arms race that began in 2023, leading to potential value investment opportunities as some stocks are undervalued [1] Group 1: The Trade Desk - The Trade Desk has disrupted itself by launching its AI-powered ad-buying platform, Kokai, which received mixed reviews, resulting in customer attrition and reduced usage [3] - The entry of Amazon into the advertising market has further impacted The Trade Desk, as Amazon possesses superior consumer data [4] - The Trade Desk's stock has declined over 70% from its all-time high, currently trading at 18.5 times forward earnings, which is below the S&P 500 average of 22.1 times [6][9] - Despite challenges, The Trade Desk's revenue grew 18% year over year in Q3, with Wall Street projecting 16% growth for 2026, indicating potential for recovery [9] Group 2: Adobe - Adobe is perceived to be at risk of disruption from generative AI, yet it has integrated these tools into its platform, maintaining its relevance in creative design [10][13] - The company continues to grow despite market skepticism, trading at a low valuation of 14.4 times forward earnings, making it an attractive value investment [14] Group 3: PayPal - PayPal is currently the cheapest stock among the three, trading at just 10 times forward earnings, while managing to maintain mid- to high-single-digit growth [15] - The company is actively repurchasing its stock at depressed prices, which is expected to enhance its diluted earnings per share (EPS) significantly [16] - PayPal's strategy positions it well for future appreciation, making it a compelling buy for investors [17]

Core Viewpoint - Dividend stocks tend to outperform non-dividend-paying stocks over the long term, making them a valuable addition to any long-term investment portfolio [1] Group 1: Visa - Visa is recognized as a strong investment, favored by notable investors like Warren Buffett, due to its straightforward business model of processing transactions and charging fees [3] - The company benefits from a strong competitive advantage, including a well-known brand and significant network effects, making it difficult for merchants to ignore Visa as a payment option [4] - Visa has promising growth prospects, with trillions of dollars still transacted in cash and checks annually, alongside the growth of e-commerce driving demand for digital payments [6] - The company has increased its dividend by 379% over the past decade, despite a forward yield of 0.8%, indicating its reliability as a long-term hold [7] Group 2: Novartis - Novartis has a strong track record of increasing dividends for 28 consecutive years, reflecting its stable and reliable business model [8] - The pharmaceutical company boasts a diverse portfolio with over 10 products generating annual sales exceeding $1 billion, allowing it to mitigate revenue losses from patent expirations [9] - Novartis is well-positioned to benefit from increasing healthcare spending, particularly due to an aging population, and offers a forward dividend yield of 2.8% [12] Group 3: Meta Platforms - Meta Platforms is recognized for its growth potential, supported by a vast ecosystem of over 3.5 billion daily active users across its platforms [13] - The company leverages extensive user data to enhance targeted advertising, solidifying its position in the digital ads market [14] - Meta is investing in artificial intelligence to improve user engagement and streamline ad processes, which could enhance its revenue generation capabilities [15] - Although it has just initiated a dividend with a yield of 0.3%, Meta's increasing earnings and cash flow suggest potential for future dividend growth [18]