What We're Reading
Industry reads hand-picked by our editors
Mar 24, 2023
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Bloomberg
Gen Z Credit Card Debt Is Growing Faster Than Any Other Generation
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American Banker
Can Zelle’s bank-wallet sibling also be a household name?
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Bloomberg Law
CFPB Independent Funding Is Constitutional, Second Circuit Rules
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Reuters
Central bank tests spur global instant payment hopes
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The Information
China’s experience with mobile payments highlights the pros and cons of a cashless society
Mar 23, 2023
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Bloomberg
JPMorgan Tests Letting Consumers Pay With Palm or Face Instead of Card
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CNBC
Jack Dorsey’s Block shares plunge after Hindenburg report on fraud
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American Banker
ChatGPT, how is Stripe using you for payments?
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CoinDesk
GOP Sen. Ted Cruz Proposes Ban on a CBDC
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Business Insider
Peloton Owners in Australia Will Have Loans Forgiven From Affirm
Mar 22, 2023
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American Banker
Five rising payments reward concepts funded by merchants
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Digital Transactions
Criminals Favor Cryptocurrency And Digital Skimming for Fraud Tactics, a Visa Report Says
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PYMNTS.com
JPMorgan Debuts Real-Time Liquidity Sweeping Tool
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TechCrunch
Checkout.com launches virtual and physical card issuing
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Finextra
Payments Canada, AusPayNet and EBA Clearing complete ISO 20022 cutover
Mar 21, 2023
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American Banker
Cross-border payments apps dominate remittances: Visa
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BuzzFeed News
Gen Z Adults Are Paying Rent With Credit Cards
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Reuters
Coinbase halts support for Signature Bank’s digital payments platform
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TechCrunch
DoorDash is adding support for cash — but not in its main app
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CoinDesk
Florida Gov. Ron DeSantis Proposes Law to Ban CBDCs
Mar 20, 2023
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The Wall Street Journal
Fleetcor Strikes Board Agreement With Activist Shareholder D. E. Shaw
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Harvard Business Review
How “Payment Banks” Could Prevent the Next Bank Collapse
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American Banker
An early FedNow participant plans its next step
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The New York Times
Crypto Wants Its Shine Back
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Milwaukee Business Journal
Fiserv names Milwaukee-area executive Eric Nelson as general counsel
Mar 17, 2023
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Bloomberg
Motive Partners Said to Be in Talks to Buy ACI Worldwide
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Financial Times
Can payments eat the world?
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TechCrunch
Walmart invests $200 million in Indian mobile payments giant PhonePe
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American Banker
Can real-time payments offset the next bank crisis?
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Reuters
Fintech startup Stripe integrating OpenAI’s new GPT-4 AI
Mar 16, 2023
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Reuters
Visa, MasterCard $5.6 bln settlement with retailers is upheld
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The New York Times
Stripe Raises New Funding That Values It at $50 Billion
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PYMNTS
Higher Credit Card Delinquencies Reported
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TechCrunch
Here’s a new corporate card startup, backed by $157M in equity, debt, going after Brex, Ramp
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American Banker
Credit unions join forces to keep debit card costs under control