TL;DR — Quick Summary Bank SMB lending has retreated dramatically post-2023, leaving a $120B+ credit gap: Rising rate environment and tighter bank credit standards have

TL;DR — Quick Summary CFPB Section 1033 and state open banking laws are coming — and they change the switching cost calculus fundamentally: Open banking

TL;DR — Quick Summary Sales reps are built for acquisition, not retention — and the misalignment quietly kills portfolio value: A sales rep’s incentive peaks

TL;DR — Quick Summary The PayFac model was built for a different merchant than the one ISOs serve: Stripe, Square, and Adyen pioneered the payment

TL;DR — Quick Summary ESG mandates are now in force — and most merchants are completely unprepared: The SEC’s climate disclosure rules that took effect

TL;DR — Quick Summary The B2B payments market is $120 trillion annually — 10x the consumer market — and less than 1% is digitized: The

TL;DR — Quick Summary The SMB credit gap is real, growing, and nobody is filling it: Bank lending to small businesses fell 40% post-2023 as

TL;DR — Quick Summary Real-time rails are already mainstream infrastructure — not a pilot: FedNow launched in 2023 and the RTP network is on track

TL;DR — Quick Summary Four early decisions shape the trajectory of every ISO for the next decade: Technology partnership selection, the build-versus-buy decision for sales