What We're Reading
Industry reads hand-picked by our editors
Jan 21, 2022
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PaymentsJournal
Mastercard Announces Virtual Card Solution for Instant B2B Payments
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Financial Times
Andreessen Horowitz seeks $4.5bn for new crypto investments
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Bloomberg
Google Hires PayPal Vet to Reset Strategy After Banking Retreat
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CNN
Bitcoin, ethereum prices tumble as cryptocurrencies continue their downward slide
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TechCrunch
On a mission to be the ‘Affirm for B2B,’ Vartana secures $57M in debt, equity
Jan 20, 2022
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PYMNTS.com
US Eyes Visa, Mastercard Interchange Fees
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TechCrunch
Plaid buys Cognito as it moves beyond merely connecting accounts
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American Banker
Has payment tech M&A gotten too pricey?
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Reuters
CFPB official says pay advance products may be loans
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Bloomberg
Bank of Russia Seeks to Outlaw Crypto Mining, Trading
Jan 19, 2022
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The Wall Street Journal
BJ’s Wholesale Club to Move Credit Cards to Capital One, Dealing Blow to ADS
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PYMNTS.com
Regulatory Environment Uncertain for CBDCs
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TechCrunch
Routefusion raises $10.5M round to simplify cross-border payments
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Bloomberg
Crypto ATMs Halted in Singapore After Marketing Clampdown
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American Banker
Texas First Bank to offer multicurrency wallet account for travelers
Jan 18, 2022
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Business Insider
Who Benefits As Apple Lets Other Payment Providers in the App Store
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American Banker
Ford enlists Stripe to drive car sales and put payments on the dashboard
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Bloomberg
Bitcoin’s Dominance of Crypto Payments Is Starting to Erode
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PYMNTS
Payroll Connectivity Firm Pinwheel Raises $50M
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TechCrunch
Block’s Cash App adopts Lightning Network for free bitcoin payments
Jan 14, 2022
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Bloomberg
Fintech Startups From Chime to Robinhood Race to Build a Money Super App
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Forbes
Two Fintech Founders Who Met In High School Are Latest Under-30 Billionaires
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TechCrunch
Fresh round of $355M lifts online checkout company Bolt into decacorn territory
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Bloomberg
PayPal Sued for Freezing Customer Accounts Without Explanation
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The Wall Street Journal
Elon Musk Says Tesla Is Accepting Dogecoin for Some Merchandise
Jan 13, 2022
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Bloomberg
Visa, Mastercard Test Central Bank Digital Currencies
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Forbes
Internet’s Biggest Marketplace For Stolen Credit Cards Will Shut Down
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Markets Insider
A US congressman has proposed a bill to limit the Fed's ability to issue its own digital currency
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American Banker
CFPB likely to punt data-sharing rule into 2023
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Bitcoin Magazine
Dorsey to Launch Bitcoin Legal Defense Fund
Jan 12, 2022
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Bloomberg
Jerome Powell Says Private Coins Could Compete With Fed Digital Dollar
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The Wall Street Journal
Fintech Startup Checkout.com Scores $40 Billion Valuation in Latest Share Sale
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CoinDesk
TransUnion to Allow Crypto Lenders to Check Credit Reports
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PYMNTS
Fly Now Pay Later Snags $75M for Global Expansion
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The Washington Post
Cryptocurrency, despite exploding interest, shows no signs of replacing cash
