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

July 8, 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; crypto Fiserv FISV OP

Flywire FLYW OP

Financial technology Shift4 Payments FOUR OP

Coinbase has received a MiFID license in the UK, which will allow

UK users to trade derivatives, including crypto, equity and commodity Global Payments GPN SP

perpetual futures, along with retail users being able to trade equities HealthEquity HQY OP

on Coinbase. Stripe-owned Bridge has received a Crypto-Asset Service Jack Henry JKHY OPEQUITY Lightspeed LSPD OP Provider authorization under MiCA and EMI authorizations which allow

Bridge to expand the stablecoin services it offers to European businesses Mastercard MA OP

and end users using a trusted and compliant regulatory framework. PicS N.V. PICS OP

According to CoinDesk, Kracken is pursuing a full banking license in Paysafe PSFE SP

Europe, with Lithuania identified as the preferred jurisdiction. Source: PayPal PYPL OP

Finextra; The Paypers Q2 Holdings QTWO SP

Payment acceptance Rocket Cos RKT R

Visa (V: rated OP) has enabled live agentic commerce transactions SS&C SSNC OP

across Europe, letting AI agents complete purchases with participating Toast, Inc. TOST SP

merchants, with merchant participation facilitated through Visa's Trusted Visa V OP

Agent Protocol (TAP) and its Agent Directory. Adyen has partnered NCR Voyix VYX OP