What We're Reading: Page 106
Industry reads hand-picked by our editors
May 06, 2022
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Financial Times
‘Bad things will happen’ if stablecoins are not regulated soon
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TechCrunch
The BNPL crackdown hasn’t crushed Walnut and its latest $110M Series A
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Reuters
Bank of America: consumer spending on cards up from 2021 across all income groups
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Fast Company
Buy now, pay later services are retailers' next great hope
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Business Insider
Starbucks Says Over $1 Billion Is Sitting on Gift Cards
May 05, 2022
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TechCrunch
From partners to competitors: What Stripe’s latest move means for Plaid
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American Banker
Quarles: U.S. doesn't need CBDC to compete with China
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Bloomberg
Block Is Wall Street’s Top Fintech Despite Its Price Tag
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Vogue Business
Gucci to accept crypto in leap for luxury industry
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The Wall Street Journal
California Gov. Newsom Issues Executive Order for Crypto Business Rules
May 04, 2022
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MarketWatch
Bank of America gets fined $10 million for illegally taking payments from customers
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POLITICO
Russia’s Sberbank will ‘finally’ be cut off from SWIFT, says von der Leyen
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The Wall Street Journal
Cards Are Still Worth Playing
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PYMNTS
Paysafe, Visa Direct Team on Real-Time Payments
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Finextra
UK BNPL unicorn Zilch prepares for US launch
May 03, 2022
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Bloomberg
PayPal Helped Spur EU Antitrust Complaint Against Apple Payments
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TechCrunch
Bolt CEO addresses startup’s performance in wake of lawsuit, says merchant numbers are up 192% YoY
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PYMNTS
Fiserv, TCH Team on Real-Time Payments Access
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Fast Company
Crypto.com token price falls after Visa card rewards slashed
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Bloomberg Law
H&R Block Wins Injunction Against Jack Dorsey’s Block Inc.
May 02, 2022
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Wall Street Journal
EU Accuses Apple of Abusing Mobile-Payment Market Power
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American Banker
Banks gearing up to test real-time payments across borders
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PYMNTS
Fed Onboards Participants in FedNow Service Pilot
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TechCrunch
Concerto snags $21.2M to bring co-branded credit cards to more brands
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Bloomberg
PayPal, Aon Partner to Offer Insurance Through Payments Platform
Apr 29, 2022
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The Information
Bolt, a Checkout Startup Worth $11 Billion, Lost Customers as Revenue Stalled
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Reuters
Russian users sue Apple after payment service pulled
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The Wall Street Journal
Personal Loans Are Back After an Early Pandemic Slump
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PYMNTS
Cross-Border RTP Pilot Launched: EBA, SWIFT, TCH
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TechCrunch
With Kard, banks and fintechs can build custom credit card rewards programs
Apr 28, 2022
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American Banker
CFPB's Chopra plans to revisit the Card Act, older regulations
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PYMNTS.com
Fintiv Patent Lawsuit Against PayPal and Apple Pay
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TechCrunch
Payroll provider Symmetrical.ai nabs $18.5M to streamline employee payouts
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Fortune
Central African Republic approves Bitcoin as official currency
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The Financial Brand
Wearables: What's the Future of Watches, Rings & Bracelets in Payments?