A financial reporter did what they do best by digging through a company’s SEC filings to get a better understanding of what’s driving a company. For Visa, the results ended up as a bucket list of challenges that might be applied in one way or another, to many of the legacy stakeholders in the payments industry.
So, what’s in Visa’s wallet of woe? The expansive list includes regulations, litigation, market volatility, technology, which spawns non-traditional competition, global challenges, and upcoming executive changes, to name a few.
In essence, the fact is that growing a network is especially hard work these days and the entrepreneurs out there who are working on building up new ones would do well to print this list out and keep it on their wall as a reminder of what might come.
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