The article says payments fintech is consolidating, with card networks seeking greater control over card issuance and processors targeting small-business customers. It also notes private equity is pursuing profitable software companies trading at steep discounts to their 2021 peaks. Overall, the piece is a broad industry observation with limited immediate price impact.
The article says payments fintech is consolidating, with card networks seeking greater control over card issuance and processors targeting small-business customers. It also notes private equity is pursuing profitable software companies trading at steep discounts to their 2021 peaks. Overall, the piece is a broad industry observation with limited immediate price impact.
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