What We're Reading: Page 104
Industry reads hand-picked by our editors
Mar 06, 2023
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Bloomberg Law
Buy Now, Pay Later Offers Some Consumers Cheaper Credit: CFPB
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Axios
Credit card debt soars as perks proliferate
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The New York Times
A Tangled Tale of Gun Parts, Identity Theft and the Ease of Buy Now, Pay Later
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Reuters
Fintech darling Stripe has first-world problems
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Bloomberg
Square Sued by NYC Diamond Buyer for Blocking Russian Bank Link
Mar 03, 2023
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American Banker
Could Early Warning’s bank wallet have a bigger goal?
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Bloomberg
US Treasury to Lead Working Group Looking at Digital Dollar
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Financial Times
Worldpay and FIS: the ‘original sin’ that tore up a $43bn merger
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Reuters
Analysis: US Republicans aim to stymie gun sale codes at state level
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The New York Times
India Embraces Digital Payments Over Cash, Even for a 10-Cent Chai
Mar 02, 2023
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Bloomberg
PayPal Searches for New CEO Who Can Reverse $279B Stock Drop
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American Banker
Banks seek extension for comments on CFPB’s credit card late-fee plan
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PYMNTS
ACI Says Real-Time Payments Revolution Accelerating
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Bloomberg Law
Fed, Treasury, Others to Meet on Central Bank Digital Currency
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Law360
AmEx Wants Military Class Action Stay Until Arbitration Ruling
Mar 01, 2023
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The Information
Stripe Cuts Valuation to $50 Billion After Facing Fundraising Hurdles
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PYMNTS
Slowing BNPL Growth Sends Marqeta Shares Plummeting
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Forbes
ISO 20022 Will Change Payments But Some Banks Won’t Be Ready
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The New York Times
Tech Is Allowing Businesses to Overcharge You in Tips
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TechCrunch
Spade turns credit card transaction gibberish into clear, actionable data
Feb 28, 2023
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Reuters
Visa, Mastercard pause crypto push in wake of industry meltdown - sources
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American Banker
U.S. Bancorp signals CFPB has turned up heat in prepaid cards probe
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The Financial Brand
Is That Digital Wallet from Big Banks Just a Payments ‘Me-Too’?
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PYMNTS
FinCEN Warns of Rise in Mail-Related Check Fraud
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Axios
Twitter loses payments exec Esther Crawford
Feb 27, 2023
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Bloomberg
Supreme Court to Review CFPB’s Funding System at Biden’s Behest
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Reuters
Stripe in advanced talks to raise $4 bln from investors - sources
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The Wall Street Journal
Goldman’s Credit-Card Mystery: Who Are the ‘Other Governmental Bodies?’
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TechCrunch
Pagos raises $34M as the demand for ‘payment intelligence’ rises
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Fintech Futures
OpenWallet Foundation launches to boost digital wallet interoperability
Feb 24, 2023
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Bloomberg
Goldman Sachs Offers Rich Clients Access to Stripe’s Multibillion Fundraise
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S&P Global Market Intelligence
Banks intend to ‘close the gap’ if CFPB slashes credit card late fee income
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Forbes
Worldpay’s Spinoff Is The Latest Sign Of Merchant Acquiring’s Changing Challenges
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American Banker
How Visa’s risk chief defends it against 71,000 cyber attacks a day
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WUSF Public Media
Senate panel targets the collection of gun-sale data by credit card companies