What We're Reading
Industry reads hand-picked by our editors
Jun 07, 2023
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Wall Street Journal
Buy Now, Pay Later Is Boosting Sales. But Signs of Users’ Stress Are Emerging.
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Tearsheet
Challenges facing Paze: Jostling for position in a crowded digital wallet space
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American Banker
JPMorgan Chase builds payments ‘app store’ with Salesforce
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Reuters
Exclusive: Barclays reviews options for payments business
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Bloomberg
What is ‘Open Banking’? How Does It Unlock Consumer Finance and Fintech Apps?
Jun 06, 2023
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PYMNTS
Mastercard Expands Open Banking Capabilities With Algoan Partnership
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American Banker
CFPB enforcement actions plummet under Chopra
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TechCrunch
FedNow instant payments are about to unlock fintech investment opportunities
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The Guardian
‘It left me with nothing’: the debt trap of payday loans
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Digital Transactions
Eschewing Card Payments, Startup Sway Money Exceeds Its Funding Goal
Jun 05, 2023
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American Banker
The next digital wallet war
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Bloomberg
Backlash Against Weaponized Dollar Is Growing Across the World
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TechCrunch
Inside Stripe’s latest moves
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Finextra
JPMorgan and Indian banks test blockchain-based settlement system
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FinTech Futures
PayNearMe lands $45m in Series D funding
Jun 02, 2023
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MarketWatch
Zelle and Chase working to resolve issue with accidental double payments
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American Banker
PayPal, CFPB resume fight over digital wallets and prepaid card rule
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Bloomberg
What is FedNow and How Will the Payment System Work?
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TechCrunch
Fintech giant Stripe is getting into the credit game
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Reuters
Bank of America must face class action over 2020 benefit card fraud
Jun 01, 2023
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Bloomberg
Plaid Scared Jamie Dimon But Fintech Behind Venmo and Robinhood Won Him Over
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Digital Transactions
As New Services Roil P2P, Fiserv Gets Set to Shut Down Its Popmoney Network
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PYMNTS
JPMorgan Debuts B2B Payments Marketplace
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TechCrunch
Vartana lands a $20M investment to scale its sales closing platform
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Silicon Republic
Stripe snaps up US engineering analytics firm Okay
May 31, 2023
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PYMNTS
Mastercard Agrees With FTC Card Data Routing Order
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American Banker
Diebold Nixdorf’s bankruptcy filing emphasizes the squeeze on hardware
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Axios
PayPal continues to eye stablecoin space
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Bloomberg Law
Mastercard Unit Hit With Lawsuit Over Sharing of Financial Data
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Bloomberg
Fleetcor Is Said to Explore Prepaid Card Sale Amid Review
May 30, 2023
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American Banker
5 payments innovations designed to counter inflation
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CNBC
Lower-income Americans pay for wealthy’s credit card rewards, some economists say
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Los Angeles Times
Will California crack down on cash apps that trap women in debt?
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NPR
A lack of credit history creates financial obstacles for immigrants
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Law.com
‘Buy Now, Pay Later’ Company Affirm Hit With Shareholder Derivative Suit
