Block, Toast, FIS downgraded as BNP sees sluggish payment volume growth persisting (SQ:NYSE)

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Nov. 23, 2024 4:20 PM ETBlock, Inc. (SQ) Stock, TOST Stock, FIS StockGPN, FI, CPAY, PYPL, PAGS, RPAY, PRTH, ADYEY, FOUR, PSFE, NATLBy: Max Gottlich, SA News Editor
Wireless payment in cafe.

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Global digital payment volume growth has been underwhelming this year, and BNP Paribas sees another year of sluggish performance ahead, lowering its rating recommendations on a handful of consumer payment names.

“The UK is the only country where we see


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