What We're Reading: Page 51
Industry reads hand-picked by our editors
Feb 13, 2024
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American Banker
How JPMorgan Chase defends its position as the nation’s top acquirer
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The Wall Street Journal
PayPal Enterprises Services Chief Karczmer to Depart
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Reuters
US says leading AI companies join safety consortium to address risks
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The Financial Brand
Fintechs Threaten Banks in Cross Border Payments, Citi Warns
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PYMNTS
Shopify’s Merchant Solutions Revenues up 21%
Feb 12, 2024
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The New York Times
New N.Y. Law Mandates More Transparency in Credit Card Surcharges
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TechCrunch
Here are the fintech startups that could go public in 2024
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PYMNTS
Visa Integrates Virtual Corporate Cards With Digital Wallets
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MarketWatch
Block Director Larry Summers Resigns from Board
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American Banker
Can New York’s ‘migrant prepaid card’ boost financial inclusion?
Feb 09, 2024
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Bloomberg
Plaid Names First Company President in Another Step Toward IPO
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American Banker
Who wins and loses with Visa’s new dispute-management tool?
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Wall Street Journal
Credit Cards Could Swipe Department Stores’ Profits
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PYMNTS
Cities Tap Contactless Payments to Transform Urban Mobility
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TechCrunch
PayPal suggests it will be ready to offer ‘offline’ payments when DMA goes into effect
Feb 08, 2024
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WIRED
Ransomware Payments Hit a Record $1.1 Billion in 2023
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Financial Times
Adyen shares surge after sales at payments processor beat forecasts
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Colorado Inno
Fort Collins payment platform to lay off 80 employees
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CNBC
China’s central bank encourages local businesses to accept foreign payment cards
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PYMNTS
Worldline Plans to Cut 8% of Staff to Save $215 Million
Feb 07, 2024
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American Banker
A painful year looms for issuers of middle-market consumer credit cards
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MarketWatch
Western Union 4Q Profit Falls On Lower Revenue
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PYMNTS
Affirm, Afterpay Cut Rewards as BNPL Firms Try New Models
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The Information
Top Stripe Executive Clayville Departs, Is Helping Secretive Startup Omniva Hire
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Digital Transactions
Payroc Beefs Up Its Presence in Canada With Its Deal for SterlingCard
Feb 06, 2024
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American Banker
How PayPal’s small investment in a fintech is a big bet on its stablecoin
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The Information
Musk’s X is Flooded With Ad Spam—Stolen Credit Cards May Be Key
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Cincinnati Business Courier
Worldpay HQ returns to Cincinnati as independent company
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Stanford Graduate School of Business
The Hidden Costs of Clicking the “Buy Now, Pay Later” Button
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Tearsheet
‘Americans spend $170 billion a year just waiting for their next paycheck’: Rain’s Alex Bradford
Feb 05, 2024
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American Banker
Why aren’t more banks sending real-time payments?
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Reuters
Visa, Mastercard ask U.S. Supreme Court to fix ‘rampant confusion’ on class certification
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The Financial Brand
Credit Card Debt Growth is Banking Challenge for 2024
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PYMNTS
Ripple Prepares to Expand Payments Business in US
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Crain’s Chicago Business
Michael Rhodes takes over as Discover Financial Services CEO