What We're Reading: Page 124
Industry reads hand-picked by our editors
Oct 28, 2021
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Wall Street Journal
Justice Department Probes Visa’s Relationships With Fintech Firms
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Finextra
Walmart expands in-store bill pay with InComm Payments
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American Banker
'Lots of good' will come from open banking: Citi’s innovation chief
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Bloomberg
Crypto Crackdown Is ‘Tip of the Iceberg’ as CFTC Seeks More Policing Powers
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San Francisco Business Times
Visa invests in Bay Area digital credit card fintech Deserve
Oct 27, 2021
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Bloomberg
Visa Earnings: V Stock Climbs After Jump in Overseas Spending
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TechCrunch
Extend raises $40M for its virtual card offering to help banks better compete with fintechs
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Wall Street Journal
U.S. Takes Bitcoin Mining Crown After China Crackdown
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Reuters
U.S. regulators exploring how banks could hold crypto assets - FDIC chairman
Oct 26, 2021
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Bloomberg
SEC Gets Path to Rein In Stablecoins as U.S. Weighs New Rules
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Wall Street Journal
PayPal Abandons Pinterest Takeover After Its Shareholders Balk
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Yahoo Finance
Bakkt CEO on the interconnection between crypto and the traditional financial system
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Wall Street Journal
Cryptocurrency Company Snared in SEC Dragnet Sues Regulator
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Quartz India
RBI's CBDC can ride on digital payments boom in small-town India
Oct 25, 2021
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Business Insider
A new cryptocurrency called worldcoin wants to scan 1 billion people's iris by 2023 to speed up digital currency adoption
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Reuters
Fed's Quarles says he doesn't see rationale for central bank digital currency
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TechCrunch
Stripe backs India’s Clear in $75 million funding
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Bloomberg
Walmart Offering Bitcoin at Some Coinstar Kiosks
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Reuters
Mastercard expands cryptocurrency services with wallets, loyalty rewards
Oct 22, 2021
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MarketWatch
American Express sees consumer spending recovery as earnings easily top expectations
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Wall Street Journal
Bitcoin Is Back Near Record Highs, and a Houston Pension Plan Dives In
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PYMNTS.com
Fed Debuts Website, Tools in Prep for FedNow
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TechCrunch
Tiger Global and a slew of high-profile investors make a $35M bet on LatAm fintech Pomelo
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Reuters
Australia's central bank tells 'buy now, pay later' firms to drop surcharge ban
Oct 21, 2021
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Wall Street Journal
Plaid Pushes Into Payments Business After Scuttled Visa Deal
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Bloomberg
Jack Dorsey Tweets ‘705742’ and Sets Crypto Twitter Abuzz
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PYMNTS.com
FinTech Revolut Offers Fee-Free Crypto Trading
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MarketWatch
Discover Fincl Beats 3Q Earnings Expectations, Investment Losses Hit Revenue
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TechCrunch
Aiven snags $60M investment on $2B valuation, up from $800M in March
Oct 20, 2021
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TechCrunch
Facebook scales back its crypto ambitions once again
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American Banker
Amex will let employees work wherever they want one month a year
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Reuters
Westpac to launch zero-interest digital card with young consumers in focus
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PYMNTS.com
Fed Reserve Pushes Digital Payments Standards
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MarketWatch
U.S. worries crypto currencies could weaken sanctions and dollar's dominance