What We're Reading: Page 102
Industry reads hand-picked by our editors
Oct 17, 2022
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The Washington Post
Credit card debt and interest rates are both rising as consumers struggle with inflation
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TechCrunch
Brex, valued at $12.3B earlier this year, lays off 11% of staff as part of restructuring
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CNBC
Mastercard will help banks offer cryptocurrency trading
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PYMNTS
Metaverse VP Sharma to Head Stripe’s Revenue
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Reuters
A U.S. central bank digital currency isn’t necessary for dollar supremacy- Fed’s Waller
Oct 14, 2022
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Bloomberg Law
Visa, Mastercard Face Emerging Competition in Online Payments
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ThePaypers
Deliveroo, Klarna partner to offer Eat Now, Pay Later
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The Information
Apple’s Mixed Reality Headset to Offer Iris Scanning for Payments, Logging In
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American Banker
7 banks and other firms changing payroll to battle inflation
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Gizmodo
‘BidenCash’ Hands Out 1.2 Million Stolen Credit Cards
Oct 13, 2022
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The Wall Street Journal
‘Buy Now, Pay Later’ Is Still a Credit-Score Blind Spot
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TechCrunch
Oh look, TripActions raised at a $9.2B valuation after reported $12B IPO filing
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Forbes
Jack Dorsey’s European Cash App Business Has Been Ordered To Fix Money Laundering Problems
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PYMNTS.com
Cleveland Fed: Digital Dollar Study Beneficial
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Business Insider
FPV and Slow Ventures-Backed Payments Fintech Astra Raises $10 Million
Oct 12, 2022
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American Banker
PayPal made a big upgrade to its U.S. tech. Did anybody notice?
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The Financial Brand
How Credit Card Issuers Can Stay Top of Wallet Amid Fierce Competition
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TechCrunch
OatFi secures capital to power BNPL services for SMBs
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The Information
Startups Avoid Valuation Cuts With ‘Up Rounds in Name Only’
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Finextra
Mastercard to issue ‘quantum resistant’ contactless cards
Oct 11, 2022
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PYMNTS
PayPal Zettle Terminal Shakes Up US Mobile POS Space
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TechCrunch
Airwallex raises $100M to power cross-border business banking, valuation stays flat at $5.5B
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The Information
Sequoia Capital, Binance Stand By Equity Funding for Musk’s Twitter Takeover
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American Banker
Block takes over the conversation for Square merchants
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CNBC
Google selects Coinbase to take cloud payments with cryptocurrencies
Oct 10, 2022
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American Banker
All eyes on consumer credit quality as earnings season nears
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Axios
PayPal won’t fine users for misinformation posts, policy posted “in error”
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Barron’s
Tether and Other Stablecoins Being Looked at as Solution in Global Payments
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Insider Intelligence
The CFPB is poised to keep tightening the screws on payments sector
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The Information
Investors Wary of Board Seats at Crypto Startups Due to Legal Risks
Oct 07, 2022
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MarketWatch
Visa ‘stands to lose the most’ from Fed’s new debit-card rules, analyst says
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Fast Company
Exclusive: Affirm is testing a points-based rewards program to take on credit cards
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Reuters
AmEx names former SEC chairman to board
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PYMNTS
Uber Fuels Drivers With Faster Payments, Rewards
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TechCrunch
Visa dives deeper into crypto as FTX-linked debit card expands outside US
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