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Thredd’s McCarthy on Winning in the Changing World of Issuer Processing

  • Shares of Marqeta plunged more than 30% due to weaker-than-expected guidance and delays in bank partners launching new programs.
  • Increased regulatory scrutiny in the FinTech space has led to a 'flight to quality' and banks becoming more selective about partnerships.
  • Issuer processing platforms like Thredd are well-positioned to succeed in the evolving market by offering innovation and strong back-office capabilities.
  • The B2B space is seen as a growth area within issuer processing, with opportunities in expense management, supply chain payments, and cross-border transactions.

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