The stat from Elavon is really interesting. Having worked at Elavon, and managed airlines when working there, albeit a long time ago, it's pretty amazing the level of risk they have on their books. Yet they have really strong risk management tools and frameworks that they work with. Elavon have done really well in this sector as they've built an airline toolbox way superior to most other acquirers (based on personal and anecdotal experience).
The Barclays Payments spin off saga goes on... The should have spun out years ago, when valuation multiples would have been a lot healthier. As it stands today it will be hard to get the business growing as it once did, as these days there's so much more competition. Also today it's very embedded within the bank itself, so there will have to be a huge cultural change with any acquisition.
The stat from Elavon is really interesting. Having worked at Elavon, and managed airlines when working there, albeit a long time ago, it's pretty amazing the level of risk they have on their books. Yet they have really strong risk management tools and frameworks that they work with. Elavon have done really well in this sector as they've built an airline toolbox way superior to most other acquirers (based on personal and anecdotal experience).
The Barclays Payments spin off saga goes on... The should have spun out years ago, when valuation multiples would have been a lot healthier. As it stands today it will be hard to get the business growing as it once did, as these days there's so much more competition. Also today it's very embedded within the bank itself, so there will have to be a huge cultural change with any acquisition.
Fantastic round up - I learned a lot from reading this.
Definitely one of my monthly must reads on all things payments.