[RickS]

What's your take on new entrants at the processor level?

When I worked for a debit card startup (stripe's new feature, but worse, and years earlier), it seemed like the "bank account" parts were mostly boring money buckets, and all the interesting features existed at the processor level.

FIS was tragicomic to interface with, and they control something like 50% of card swipes in the US if i understand correctly?

Seems like if you want to make a really major play, you do to FIS what stripe did to paypal, right?