Sign in

    Tim Chiodo

    Director and Equity Research Analyst at UBS Group AG

    Tim Chiodo is a Director and Equity Research Analyst at UBS Group AG, specializing in payments, processors, and fintech companies such as Riskified Ltd, Marqeta Inc., Chime Financial, and Western Union. Recognized for comprehensive sector coverage, he has issued 235 ratings with a 47.5% success rate and an average return of 5.25%, placing him among the top 20% of over 4,900 analysts by volume and tracked performance. Chiodo began his career as a consultant at Accenture before moving to UBS, later serving as a Director at Credit Suisse and covering the payments/fintech and internet sectors at Graticule Asset Management Asia, before returning to UBS. He holds a Bachelor of Science in Finance from Penn State (Schreyer Honors College), an MBA from Duke’s Fuqua School of Business, is a CFA charterholder, and maintains FINRA registration with active securities licenses.

    Tim Chiodo's questions to Western Union (WU) leadership

    Tim Chiodo's questions to Western Union (WU) leadership • Q3 2024

    Question

    Tim Chiodo inquired about the rollout of debit card acceptance at retail locations, asking about historical limiting factors and the margin profile of these card-funded transactions.

    Answer

    CEO Devin McGranahan stated that historically, the company lacked the infrastructure and merchant acquiring relationships for card payments. They have now invested to modernize the retail experience. CFO Matt Cagwin added that the economics are favorable; in Europe, lower interchange fees and savings on cash handling have actually reduced costs. While early in the U.S., they are optimistic the initiative will be accretive and help gain share where competitors already offer debit.

    Ask Fintool Equity Research AI