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

June 29, 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: digital payments; crypto Fiserv FISV OP

Flywire FLYW OP

Digital payments Shift4 Payments FOUR OP

Google will implement changes to Google Play to enable developers in

Europe, the United Kingdom, and the United States to use their own Global Payments GPN SP

HealthEquity HQY OP

payment systems starting June 30th. PayPal (PYPL: rated OP) has expanded

its BNPL offering in France, introducing installment plans of six, 12, and 24 Jack Henry JKHY OPEQUITY Lightspeed LSPD OP months for larger purchases. Tencent is testing an app called TenPayGo,

which is designed as a one-stop digital services platform and includes Mastercard MA OP

mobile payments for users with local merchants in replacement of cash. PicS N.V. PICS OP

Source: corporate release; The Paypers Paysafe PSFE SP

PayPal PYPL OP

Crypto Q2 Holdings QTWO SP

Binance announced that it will stop serving EU customers after it had failed Rocket Cos RKT R

to secure a license under the Markets in Crypto-Assets Regulation but is in SS&C SSNC OP

the process of applying for a license in France ahead of the July 1st deadline Toast, Inc. TOST SP

to become registered. zerohash announced the launch of Staking-as-a- Visa V OP

Service for brokerages, banks, and fintech platforms, enabling partners NCR Voyix VYX OP

to offer native crypto staking directly within their existing applications Wealthfront WLTH OP