What We're Reading: Page 125
Industry reads hand-picked by our editors
Mar 03, 2022
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Reuters
PayPal stops accepting new users in Russia
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Axios
The dollar remains the West's ace in the hole
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PYMNTS
Fed Chairman, US Reps Call for Crypto Regs
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American Banker
Could Russian banks and oligarchs use crypto to evade sanctions?
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TechCrunch
Atomic lands $40M in funding, just five months after its Series A, to connect banks and fintechs to consumers’ paychecks
Mar 02, 2022
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The Wall Street Journal
Russian Consumers Cut Off From Many Foreign Purchases
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Bloomberg
Fed Looks to Streamline Path to Payment System Amid Raskin Fight
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PYMNTS
WUBS Now Convera, Says is Largest Non-Bank B2B Payments Platform
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Quartz
A visual explainer of SWIFT, the payment system cut off to Russia
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American Banker
Citigroup adds bill-payment options for businesses, consumers
Mar 01, 2022
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Bloomberg
Dimon Says SWIFT Sanctions May Bring ‘Unintended Consequences’
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Reuters
Payments companies Wise, Remitly suspend money transfer businesses in Russia
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CoinDesk
US Treasury Department Formally Adds Crypto Rules to Russian Sanctions Guidance
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Financial Brand
AmEx's New Consumer Checking Move: Defense or Offense?
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PYMNTS
Melio Names Meta, PayPal Veteran as COO
Feb 28, 2022
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Bloomberg
Crypto Liquidity Dries Up as Billions in Market Value Evaporates
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American Banker
Circle and Ava Labs want to demystify stablecoins for everyday users
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The Washington Post
The Boston Fed’s central bank digital currency project taps former Circle employees
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PYMNTS
TransUnion Launches BNPL Credit Tool
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Reuters
Payments company Klarna's losses grow as expansion continues
Feb 25, 2022
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American Banker
Pressure builds for Russia to be tossed from Swift
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Bloomberg
ValueAct Gets Board Seat at Fiserv, Touts Potential of Clover
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Reuters
Russia's lender VTB says Western sanctions will hit card usage outside Russia
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Law360
IP Forecast: PayPal Looks To Halt Inventor's Patent Campaign
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The New York Times
Why didn’t the U.S. cut off Russia from SWIFT? It’s complicated.
Feb 24, 2022
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Reuters
Czech president: Russia should be cut off from SWIFT
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Bloomberg
Stablecoins Soar in Value as Bitcoin and Everything Else in Crypto Shrink
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Protocol
The US won’t sanction Russia on SWIFT because of dedollarization
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The Boston Fed’s central bank digital currency project taps former Circle employees
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TechCrunch
Promise’s flexible payment platform for government debts grows fast, raises $25M to keep growing
Feb 23, 2022
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Finextra
Visa to invest $100 million to support minority depository institutions
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PYMNTS
Most B2B Transactions Could Be Digital by 2025
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The Wall Street Journal
Gas-Station ATMs Are a Banking Battleground
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Forbes
Square Brought Credit Cards To Small Merchants And Survived Amazon
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AltFi
Tiger Global backs Weavr with new funding for US launch
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