Will Nance

should we be anchoring you know, more to kinda the the the 4% range that that you're kinda talking about

how do you think about the incentives that this creates in the market and like the risk of credit issues that result from more of an oversupply of funding

I'm wondering if you could talk a little bit about just the ROTC margin profile of some of that incremental growth.

how are you thinking about the momentum there? Is the sustainability of customer acquisition?

How are you thinking about the impact of that push as it relates to net adds specifically and particularly in 2Q?

how that will impact both the ARPU and the transaction margin starting in the first quarter?

where you think the rewards cost could shake out for the direct deposit customers

how are you thinking about the feasibility and the puts and takes of profitably offloading businesses in Capital Markets?

on the nonrecurring revenue growth in Banking, what's driving that 21% growth

How do you think about the value of tokenized deposits relative to stablecoins

it seems like TSYS is only 40% less than half of the Payments business, so really kind of highlighting the diversity of the segment

I wanted to ask about the technology outage in 1Q. Is there any impact from this in the numbers here

put a finer report on the expectations for the acceleration in recurring over the course of the quarter

talk about the partnership with Mastercard and just how you see that unfolding and how you think about time lines there

you've been calling out the PayFac grow-over issues for a bit now. Just remind us again when those lap

I know that you guys had some targets out for 2026 as well. I don't think you've addressed those

How are you thinking about the growth algorithm in payments going forward and the contribution of card versus some of the other products in the segment?

how you guys are feeling about operating leverage over time, and are we at sort of a new normal for operating leverage looking at the last couple of years?

maybe talk to either why those wouldn't continue into next year or if they are and we're supposed to kind of take from that

is there is there room to operate at the higher end of that margin expansion target while the sales momentum is going strong

I was wondering if you could talk around competitive dynamics on payments and card

can you talk about that in the context of your next-gen platform and the journey that you've been on for the last couple of years

if you could expand a little bit on the pricing and competitive environment out there. And in particular, there's been a lot of focus around some of the core consolidation happening at the competitors

looking for your updated thoughts on capital allocation and if there's anything that's sort of top of mind for you

give an update or your kind of latest thinking on any opportunities internally to increase efficiencies, any asset sales

is there anything in that back half growth rate you would caution us against run rating into the first half of the following year

how you're thinking about capital allocation and the M&A environment? We touched a little bit on bank M&A

can you talk about the transaction margin trajectory that you are expecting now versus what you had previously expected?

could you talk about your engagement with merchants around advertising into the holidays?

Can you talk about the evolution of that strategy maybe in the context of the planned divestiture

can you talk about just the renegotiation as it relates to your existing Capital One cards outstanding? Are you expecting your share of Capital One credit volumes to remain stable

I wanted to ask about some of the consumer data fees that some of the large banks are talking about applying

the competitive dynamics with some of the local schemes being folded up into the European payments initiative

if you could just quantify some of the run rate financial impacts you're expecting on the Blue Owl offloading

I'm just wondering if you've made any changes to underwriting or how you would think about changes to underwriting in the face of merchants facing cash flow strains

I was hoping you could maybe talk through just the profile of the customers that are adopting the product.

any color or quantification on the degree to which that boosted the cross border travel numbers in aggregate?

the advisory question on the regulatory environment. CCPA has been and then there's quite a bit

how you see the role of stablecoins in that space? Is it on the pricing side, the settlement side?

if you could double-click again on some of the comments you shared around the incentives outlook

if there's anything obvious that you would attribute this acceleration over the past couple of months

can you talk about the hardware and pricing environment that you all are seeing? How is it impacting the business?

how you're prioritizing kind of more top-of-funnel initiatives like driving network density and overall MTUs

I was wondering if you could talk on MAU growth. I think it came in a little bit stronger than what the Street was looking for

I wanted to maybe talk about your hiring on the Square side of the business and particularly on field sales