Perlin’s Ponderings

研报英文原文证据摘录

Perlin’s Ponderings

RBC Capital Markets, LLC

Daniel R. Perlin, CFA (Analyst)

(410) 977-0821, daniel.perlin@rbccm.com

Matthew Inglis (AVP)

(212) 558-0412, matthew.inglis@rbccm.com

Company Ticker Rating

May 12, 2026

Affirm AFRM SP

Broadridge Financial BR OP Perlin’s Ponderings

Corpay CPAY SPRESEARCH A daily digest of commentary and news Fidelity National Info FIS OP

Quick summary: financial technology; payment acceptance; digital Fiserv FISV OP

payments Flywire FLYW OP

Financial technology Shift4 Payments FOUR OP

Broadridge (BR: rated OP) announced an expansion of its tokenization Global Payments GPN SP

capabilities, enabling institutional firms with infrastructure to operate HealthEquity HQY OP

across both tokenized and traditional securities on a single, integrated Jack Henry JKHY OPEQUITY Lightspeed LSPD OP platform, with the company expanding its distributed ledger repo solution

to support equities, funds, alts, and money market instruments. FIS (FIS: Mastercard MA OP

rated OP) announced that its Supply Chain Finance Platform (formerly PicS N.V. PICS OP

Demica) was selected by Glencore to support the inaugural trade Paysafe PSFE SP

receivables securitization program for its oil and gas commodity business. PayPal PYPL OP

Jack Henry (JKHY: rated OP) announced that its Board increased the Q2 Holdings QTWO SP

company’s remaining 1.4M share repurchase authorization by another 5M Rocket Cos RKT SP

shares. Source: corporate release SS&C SSNC OP

Given the increasing demands on banks’ legacy technology from the Toast, Inc. TOST SP

adoption of new solutions and technology, we expect to see an increase in Visa V OP

investment in innovative solutions for digital experiences. NCR Voyix VYX OP

Wealthfront WLTH OP

Payment acceptance Western Union WU SP