Payments Mafia or Innovative Tribes? Are Payment Ecosystems Lacking Diversity?

Greetings from Charlotte, North Carolina! It’s great to get back to the Sunday PM musings after a few weeks off. Let's pick it up from where we left off the last time...

Wikipedia describes Mafia as a term used to describe certain clan- or culturally-based organized crime enterprises. So, how would we describe Payments Mafia? My friends at some leading US retailers (and their coalitions) might not see any difference between ‘Mafia’ and ‘Payments Mafia’, but there’s definitely some PayPal-specific DNA that seems to have ...

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