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Visa and Plaid, The New Face of Payments Consolidation?

Posted by Larry Pruss on Jan 21, 2020 3:34:12 PM

Visa and Plaid, The New Face of Payments Consolidation

One year ago, almost to the day, Fiserv surprised the payments world by announcing its acquisition of First Data, setting off a wave of payments consolidation that by midyear had narrowed a list of six leading processors and bank service providers down to three. Following this flurry of activity, it was widely assumed that FIS, Global Payments and Fiserv would be occupied with integration tasks for the foreseeable future, potentially leaving payments M&A destined for a short breather. But wait – there’s more.

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Topics: Open Banking, Fintech, Payments Consolidation, Visa, Plaid

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