The 1950s in America was the era of the booming economy. The GDP was growing, inflation was declining, and unemployment was low. The average American family had twice as much real income to spend as the average family of the 1920s. To spend it wisely, many customers looked to their financial advisors and bankers for advice and guidance.
This week, the tech giant Amazon announced that it is acquiring One Medical for US$3.9 billion.
Across industries, organizations were already facing a shortage of highly skilled IT talent—and fierce competition for a limited pool of available candidates.
Merchant acquirers and payment processors often toil behind the scenes, invisible to individuals purchasing goods and services from an ever-increasing number of in-store and online merchants. But these acquirers and processors (collectively referred to as acquirers here) are facing unprecedented risks across a number of fronts.
One of the many mentors I had along the way shared that on any staff work or consulting project, it was important to “answer first.” The rationale for the recommendation could come later, the details which would demonstrate the thought process would be important, but framing the answer quickly to get the conversation going in the right direction was a key consideration.
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