Square Adds Drive-Thru to the Menu to Help Quick-Service Restaurants Improve Speed and Efficiency
Square introduced Square for Drive‑Thru, an end‑to‑end platform that unifies order capture, kitchen display, and customer handoff for quick‑service restaurants. Developed with The Howard Company and Nanonation, the solution pushes orders from menu boards to a confirmation screen and routes them automatically to the correct kitchen station. Integrated reporting, cash‑flow tools, marketing and open APIs extend the functionality beyond the lane, allowing operators to keep existing third‑party systems. The launch targets the high‑volume drive‑thru channel, where speed and accuracy directly affect revenue.

Ready to Sell? Here’s Why You Need an Assessment First
TSG advises payments‑focused companies to begin any sale process with a comprehensive assessment rather than jumping straight to valuation or pitch‑deck creation. The assessment uncovers the factors that drive a premium multiple, pinpoints operational gaps, and informs whether to sell...

TSG Launches 2026 Directory of POS Providers
TSG has opened the submission window for its 2026 Directory of POS Providers, inviting merchant‑facing technology firms—from SoftPOS to unattended solutions—to list their offerings. The directory serves as a sortable reference for payments executives, software vendors, private‑equity firms, and the...

Executive Interview Series: Tony Catalfano, Fintech Executive | Former CEO, Worldpay US | Founding Chairman, ATPC
Tony Catalfano, former Worldpay U.S. CEO and ATPC founder, discusses the next wave of payments disruption in TSG’s Executive Interview Series. He emphasizes that true disruption now mirrors the “Amazon experience,” where payments disappear into seamless, real‑time workflows powered by...
REPAY Issues Statement on Veradace Partners’ Letter and Reiterates Commitment to KUBRA Acquisition
Repay Holdings issued a formal response to a letter from activist investor Veradace Partners, reaffirming its commitment to acquire KUBRA. The board highlighted that the transaction will expand Repay’s bill‑payment capabilities, deepen recurring non‑discretionary payment flows, and broaden enterprise client...
Affirm’s Max Levchin: I Want to Be the Money Lender with Morals
Max Levchin co‑founded PayPal, which IPOed in 2002 at a $800 million valuation. A personal embarrassment—being denied a car loan due to a junk credit score—prompted him to rethink lending practices. Ten years later he launched Affirm, a fintech focused on...
NYT’s Search for Bitcoin’s Creator
The New York Times tech show "Hard Fork" highlighted an HBO documentary that claims to have finally uncovered the true identity of Bitcoin’s pseudonymous creator, Satoshi Nakamoto. The film suggests a specific individual is behind the 2008 whitepaper that sparked...

Gift Cards Are Gaining Momentum: What Merchants Need to Know in 2026
TSG and Bank of America’s 2026 U.S. Consumer Gift Card Study shows gift cards are increasingly vital for merchants, driving new customer acquisition and larger transaction values. Over half of shoppers (55%) would try a new business because of a...

Global Payments Tops TSG’s 2026 Directory Rankings
Global Payments vaulted to the top of TSG’s 2026 Directory after acquiring Worldpay, processing roughly $2.8 trillion across 53 billion transactions in 2025. The five largest U.S. acquirers together handled nearly $9 trillion, accounting for about two‑thirds of total card volume, while the...
Entering the Era of the Headless Merchant
A new marketplace powered by the Machine Payments Protocol (MPP) launched with over 60 services designed for AI agents, not human users. Offerings range from full‑text SEC filing searches and CAPTCHA solving to physical letter mailing and AI‑generated images. In...
American Express 2026 Chairman’s Letter to Shareholders
American Express reported an exceptional 2025, posting some of its strongest financial results ever, driven by a loyal customer base, an extensive merchant network, and its workforce. The company attributes this performance to its long‑standing "Framework for Winning," a strategic...

Now Available: 2026 Directory of U.S. Merchant Acquirers
TSG has launched its 2026 Directory of U.S. Merchant Acquirers, a subscription‑only research tool sponsored by Deluxe Merchant Services. The guide profiles more than 300 merchant acquirers, representing over $13.5 trillion in processing volume, 550+ sponsor‑bank ties, and 55+ proprietary processing...

Executive Interview Series: Petru Metzger, CEO at Payforge
Petru Metzger, CEO of Payforge, emphasized three core convictions shaping his company: deep payments domain expertise, outcome‑driven execution, and AI‑enabled development. He argues that true differentiation comes from unifying strategy, analytics, and engineering rather than siloed modernization projects. The interview...
PayPal Pivots for 2026
PayPal Holdings announced a strategic pivot for 2026, concentrating on strengthening its branded checkout services. Chief financial and operating officer Jamie Miller said the company will shift from broad portfolio scaling to a targeted approach that supports its largest merchants....

Modern Payments Infrastructure Is the New Battleground for Growth
Payments infrastructure has moved from a back‑office function to a strategic growth lever, as platforms relying on legacy systems face higher friction, cost, and slower revenue realization. TSG and Payforge’s new whitepaper argues that modernizing payment stacks is essential to...