Payments. AI. Commerce. Decoded. 255 articles and counting.
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The three largest US grocery operators are building payment systems that bypass card networks entirely. The interchange war just found its front line.
Kalshi is building the same trust infrastructure that took the payments industry decades to establish. Criminal charges, restraining orders, and federal legislation say the clock is ticking.
Frank Bisignano built the infrastructure that processes 44 percent of America's card payments. Now he is restructuring the agency that collects $5.1 trillion in taxes. The playbook is familiar. The stakes are not.