What We're Reading
Industry reads hand-picked by our editors
Oct 22, 2024
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CNBC
Klarna produces more startups than any other European fintech
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American Banker
Discover’s revenue grows, but credit performance dips
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Reuters
Payments firm Fiserv lifts profit forecast, buoyed by strong spending
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Washington Post
Crypto cash is flooding the 2024 election. Here’s who benefiting.
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Bloomberg
Walmart-Backed Fintech PhonePe’s Operating Revenue Jumps 74%
Oct 21, 2024
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Wall Street Journal
Visa Wanted a Vast Empire. First, It Had to Beat Back Its Foes.
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MarketWatch
UBS to Sell Stake in Swisscard to American Express
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Bloomberg
Zelle Says Money Transfers Jumped 27% in First Half of Year
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Bloomberg Law
CFPB Buy Now, Pay Later Rule Hit With Fintech Group Lawsuit
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PYMNTS.com
BIS: Interlinking Systems Could Enhance Cross-Border Payments
Oct 18, 2024
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Bloomberg
Stripe in Talks to Acquire Stablecoin-Focused Fintech Platform Bridge
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BNN Bloomberg
UK Government Pushes Ahead with Buy-Now, Pay-Later Regulations
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CNBC
Survey: Nearly 2 in 5 cardholders have maxed out a credit card or come close
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PYMNTS.com
Nacha: Same Day ACH Volume Leaps 65.7% in Q3
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Financial Review
Mastercard, Visa in pre-emptive attack on RBA card fee restrictions
Oct 17, 2024
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Bloomberg
Stripe in Talks to Acquire Stablecoin-Focused Fintech Platform Bridge
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TechCrunch
Apple says support for redeeming rewards coming to Apple Pay
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Reuters
Ripple challenges industry giants with new stablecoin
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Business Insider
Klarna Explores Building a Stock-Trading Tool, Internal Job Ad Shows
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American Banker
Australia bans some card fees; Revolut tops UK fraud reports
Oct 16, 2024
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American Banker
Synchrony profits surge 25% on higher credit card balances
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Financial Times
American love of credit cards will blunt instant payment appeal
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PYMNTS
One Inc, JPMorgan Team to Bolster Insurance Claims Payments
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Wall Street Journal
Trump-Backed Crypto Project Website Sees Glitches on First Day of Token Sales
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MarketWatch
Klarna Partners With Elliott to Sell U.K. Loans Portfolio
Oct 15, 2024
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Fortune
Exclusive: Adyen cofounder raises €20 million for Tebi
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American Banker
Capital One offers ID technology to other banks
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Digital Transactions
Motions Fly in the Battle Over the Illinois Interchange Case Ahead of an Oct. 30 Hearing
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Bloomberg
Stripe Says Stablecoins Payments Made in More Than 70 Countries After Relaunch
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Reuters
Vietnam, China sign 10 deals including agri trade to payment as leaders meet
Oct 14, 2024
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Bloomberg
Russia Pitches BRICS Payment System Aiming to Break US Dominance
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Wall Street Journal
Signing Credit-Card Receipts Is Pointless. Why Do We Still Do It?
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USA Today
Are apps like Venmo and Zelle secure? Consumer Reports says not enough.
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PYMNTS.com
BofA: Cybercrime Could Be ‘World’s Third-Largest Economy’
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Boston Consulting Group
Fortune Favors the Bold: Global Payments Report 2024