Fintech's faithful are putting payments on a pedestal. Square and PayPal shares are near all-time highs – as are those of venerable outfits like Visa, MasterCard and First Data. They’re each chasing what could be a $2.3 trillion revenue business by 2019, according to McKinsey. But they can’t all be winners.
Hungarian Prime Minister Viktor Orban said on Saturday that Budapest would fight to defend Poland as the European Union threatens Warsaw with sanctions over its plans to extend government control over its courts.