What We're Reading: Page 55
Industry reads hand-picked by our editors
May 31, 2024
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The Wall Street Journal
American Express Zooms Ahead as Gen Z Gets Hooked on Card Rewards
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CNBC
37% of Americans paid a late fee in the last 12 months, report finds
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The New York Times
‘Buy Now, Pay Later’ Borrowers Get More Safeguards With New Rule
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Financial Times
US expansion pushes up credit losses at Klarna
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Finextra
Stripe blames regulatory landscape for move to invite-only in India
May 30, 2024
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CNBC
Buy now, pay later loans are second only to credit cards in popularity
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The Wall Street Journal
The Rise in Consumers’ Late Debt Payments Is Slowing Down
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Tearsheet
What’s behind the move to closed loop payments and branded digital wallets
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Reuters
Visa, Mastercard to pay $197 million to settle consumer ATM fee lawsuit
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Digital Transactions
Airlines Have Plenty of Room for Growth When It Comes to Payment Acceptance, a Report Finds
May 29, 2024
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Reuters
Texas judge again transfers lawsuit over card late fee rule to Washington, D.C.
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Bloomberg
PayPal Adds PYUSD Stablecoin to Memecoin-Favorite Solana Blockchain
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ABA Banking Journal
House passes bill to prevent Fed from issuing a CBDC
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American Banker
The credit card climate crisis
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ThePaypers
Dock, Muevy partner with Visa to boost transfers in LATAM
May 28, 2024
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Bloomberg
EQT-Backed Waystar Seeks Up to $1.04 Billion in IPO
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American Banker
How Visa and Mastercard are bolstering non-card payments
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The New York Times
California Customers Can Soon Sue Restaurants Over Pricing
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Tearsheet
Inside Cash App’s approach to banking its base: A conversation with Ryan Budd
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PYMNTS
Could France Lead the EU’s FinTech Comeback?
May 24, 2024
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Reuters
Walmart, Capital One end consumer credit card agreement
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American Banker
Big banks face intensifying political pressure over Zelle fraud
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Bloomberg
Durbin on Credit Cards, Airline Programs: Votes and Verdicts
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Finextra
Klarna labels CFPB BNPL rule ‘baffling’
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CNBC
Synapse bankruptcy: Customers say they can’t access funds
May 23, 2024
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NPR
BNPL refunds get oversight by CFPB, the consumer watchdog agency
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American Banker
Visa’s flexible credential: A boon for the Capital One-Discover deal?
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Finextra
Mastercard takes GenAI to the Dark Web
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PYMNTS
Payments Speed and Security Driven by Behavioral Expectations
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The Japan Times
Japan aims to curb Apple and Google’s smartphone app duopoly
May 22, 2024
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ABA Banking Journal
ABA urges House to support bill to prevent Fed from issuing CBDC
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CoinDesk
Several U.S. House Democrats Petition Colleagues to Join Yes Side on Crypto Bill
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The New York Times
Biden’s Open War on Hidden Fees
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Reuters
Apple says US antitrust lawsuit should be dismissed
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American Banker
Santander expands instant payments, Australia advances digital ID
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