Dark Clouds Gathering – Ominous Signs for Incumbent Merchant Acquiring ISOs
For forty years, the merchant acquiring industry has been a stalwart of the financial services sector, constantly outperforming the chronic predictions of its demise from
In OpenAI We (Should Not) Trust
Google, Meta, and X should be thrilled. For years Google, Meta, and X have had political and regulatory targets on their backs, justifiably so, for
Stablecoin v. Tokenized Deposits – Another Questionable Strategy from Another Bank Consortium
On September 1st, 2026, the Brunswick Group issued a press release announcing that a consortium of “21 leading financial institutions”, including Goldman Sachs and Bank
Identity Verification: Checkr + Truv
Checkr acquired a company most people haven’t heard of. Quick context. Checkr runs background checks – the same type an employer runs on a job
Six Months Later… Grading our 2026 Predictions, Call by Call
In December 2025, our Managing Member, Adam T. Hark, published his end-of-year letter with a fresh set of predictions for 2026 on interest rates, stablecoins,
Meta’s Ingenious Prediction Market Play – Positioning for Agentic Commerce
This week the New York Times reported on Meta’s intended entry into the prediction markets business. Interestingly, many in the media efforted to point out