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Deep Dive: How Shift4 Is Building a Global Commerce Platform

Finextra

Company Background and Evolution Shift4’s journey began in 1999, when 16-year-old Jared Isaacman started a tiny payment processing business (then called United Bank Card ) out of his parents’ basement. base, the company is positioning itself as a serious challenger to payment incumbents worldwide.

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DATA: How FI’s Innovation Gap Is Big Tech’s Big Opportunity

PYMNTS

As far as we can tell, the origin of the quote is from a 2012 Fortune article, with the author writing: “ A favorite Bezos aphorism is “Your margin is my opportunity.” . A trillion-dollar market cap later, it’s hard to argue Amazon’s effectiveness, quote attribution notwithstanding. This may be one of those cases.

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The iPhone Is No Longer The Majority Of Apple’s Sales

PYMNTS

After being the majority of Apple ’s revenue since 2012, the iPhone accounted for only 48.3 On so many fronts there’s an enormous amount to look forward to over the next few months, including the launch of new services like Apple Arcade, Apple TV+, and Apple Card. billion — though EPS fell 7 percent year-on-year to $2.18.

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Squaring The Circle That Is Square

PYMNTS

Not because he didn’t have a buyer, but because his buyer didn’t have that much cash— and McKelvey didn’t take credit cards. So, while McKelvey lost out on that $2,000 sale — he and his (friend) and Co-Founder Jack Dorsey — the founder of Twitter — did end up with a $17 billion idea (Square’s market cap at the time this piece went to press).

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Should Facebook Buy eBay?

PYMNTS

Jeff Bezos started Amazon in his Bellevue garage in 1994. And perhaps the most famous garage startup story ever is that of Bill Hewlett and David Packard and the garage they rented in 1939 to start the electronics company that would later bear their names. That garage is now a private museum and is listed on the National Register of Historic Places.

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Decoupled Debit — Again?

PYMNTS

It’s the decoupled debit card. Creating a product that pulled funds from depository accounts at other issuers and was accepted at any Mastercard-accepting merchant gave Cap One something new to offer consumers – and a new business model around which to build rewards to get consumers on board. And what was the product?

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Facebook Slapped With $5B FTC Fine, But Still Has Lots Of Friends

PYMNTS

It is reported to result from a 3(R)-2(D) decision by commissioners after determining that the user data issues related to the 2018 Cambridge Analytica breach violated the 2012 consent decree Facebook entered into with the FTC. And its user base has grown. The Facebook Friday. The Power of the Platform. billion mark to 1.56

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