What We're Reading: Page 109
Industry reads hand-picked by our editors
May 23, 2022
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The Wall Street Journal
More Subprime Borrowers Are Missing Loan Payments
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CBS News
MasterCard, Starbucks and PayPal to cover abortion travel for workers
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ABA Banking Journal
GOP lawmakers skeptical on merits of CBDC in letter to Fed
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Bloomberg
Klarna’s Debt Costs Rise as Buy-Now-Pay-Later Sector Suffers
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TechCrunch
Stripe expands its infrastructure play with Data Pipeline to sync financial data with Amazon and Snowflake
May 20, 2022
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American Banker
Credit card balances grew in April at fastest rate in 26 years
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PYMNTS
FedNow Will Let Banks Delay Instant Payments
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Forbes
Brex’s Global Shift: Powering Payments For The Post-Pandemic Workforce
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TechCrunch
Three PayPal Ventures alums strike out with their own $158M fund
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AdAge
Crypto payments could be a marketing tool for brands
May 19, 2022
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Bloomberg
Mastercard to Cover Employees’ Travel for Out-of-State Abortions
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Digital Transactions
Consumers Are Wary of Fraud, But Faster Payments Retains Its Allure for Multiple Applications
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The Wall Street Journal
SoftBank-Backed Fintech Giant Klarna Looks for New Funds at Lower Valuation
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TechCrunch
Plaid officially expands into identity and income verification, fraud prevention and account funding
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Forbes
Congress Should Repeal The Durbin Amendment, Not Expand It To Credit Cards
May 18, 2022
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BuzzFeed News
How Mastercard And Visa Tolerate Scams And Fraud
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PYMNTS
Shopify Merchants Now Accept Instant Crypto Payments
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American Banker
Inside the ‘consumerization of payments’
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The Washington Post
Crypto crash grabs the attention of Treasury, other regulators
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Fortune
Mastercard wants to let customers use their faces and finger prints to pay in stores
May 17, 2022
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MarketWatch
PayPal borrows $3 billion to help fund debt buyback plan
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Business Insider
Fintech Zilch Launches in US to Take on Klarna, Afterpay, and Affirm
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Bloomberg
Stablecoins Not Ready for Consumer Payments, US Watchdog Says
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TechCrunch
Greenlight, a $2.3B fintech focused on kids, launches credit card for parents
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PYMNTS
Invisible B2B Payments Boost Corporate Cash Flow
May 16, 2022
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Gothamist
Bronx DA asks Visa and Mastercard to end business relationship with online 'ghost gun' retailers
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Financial Times
Bitcoin has no future as a payments network, says FTX chief
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NPR's Planet Money
America loves buy now, pay later lending. But do these plans come with a catch?
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Fortune
Visa CEO says in-person work was key to landing the corner office job
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Washington Monthly
Memo to Democrats: Bust the Credit Card Cartel
May 13, 2022
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Tearsheet
Data Snack: Real-time payments contribute a meager 0.9% to US transactions, FedNow expected to change that
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American Banker
CFPB ramps up enforcement hiring
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Associated Press
Crypto comes to Washington. Will the millions buy influence?
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TechCrunch
Altro has raised $18M to help you build credit just by paying for your Netflix subscription
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PitchBook
Five charts that show fintech investment trends in Q1
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