What We're Reading: Page 56
Industry reads hand-picked by our editors
Nov 27, 2023
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Associated Press
More Americans are expected to ‘buy now, pay later’ for the holidays. Analysts see a growing risk
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The Wall Street Journal
Black Friday Spending Was Strong. How People Pay for Gifts Is Upending Retailers.
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Financial Times
UK payment sector urged to develop system to bypass dominant card networks
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Reuters
Australia to amend law to regulate digital payments like Apple, Google Pay
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Bloomberg
Berkshire Hathaway Exits India’s Paytm With $164 Million Sale
Nov 22, 2023
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Financial Times
Visa/Mastercard: threat from open banking remains remote
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Bloomberg
Instant-Payment Pioneer to Hire 230 in the US to Serve Banks
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CNBC
IRS delays rule change for 1099-K on Venmo, PayPal business payments
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The New York Times
Opinion | Your Rewards Card Isn’t as Rewarding as You Think
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The Verge
A secret Google deal let Spotify completely bypass Android’s app store fees
Nov 21, 2023
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Bloomberg Law
Urgency Mounts to Avert 1099-K EBay, PayPal Tax Form Chaos
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American Banker
Is your ATM running? AI can catch it (if it’s not).
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The New York Times
Tip a Self-Service Kiosk? How to Deal With the Many Requests for Tips.
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CNBC
Mastercard partners with Feedzai to detect and tackle crypto fraud
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Bloomberg
Stripe-Backed Nigerian Fintech Paystack Cuts Overseas Staff
Nov 20, 2023
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Reuters
Venmo, Cash App users sue Apple over peer-to-peer payment fees
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Fortune
Petal Card, backed by Peter Thiel’s Valar Ventures, seeks buyer
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The Wall Street Journal
CFPB Orders Toyota to Pay $60 Million Over Lending Practices
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The Financial Brand
‘Pay-by-bank’ Could See Strong Growth in U.S. in 2024
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PYMNTS
Fed to Raise Payment Services Prices 1.8%, but FedNow Unaffected
Nov 17, 2023
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American Banker
Regional bank CEOs in no rush to shift to fast payments
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Law360
CFPB Report Puts Spotlight On Bogus Medical Debt Collection
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CNBC
Mastercard says wide adoption of CBDCs would be ‘difficult’ right now
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TechCrunch
Ramp taps AI as fintech hunts for growth
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Bloomberg Law
Jack Dorsey, Block Board Win Appeal of Jay-Z Deal Litigation
Nov 16, 2023
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American Banker
‘Everybody is on edge.’ How Israel’s fintech workers are enduring war.
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The Wall Street Journal
Fintech Lender Affirm Is Poised to Expand in a Higher Rate Environment, CFO Says
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Reuters
Payments-app war drags banks into discomfort zone
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PYMNTS
FedNow Service Gets New Leadership at Boston Fed
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Forbes
Payoneer’s John Caplan Talks About Innovation In Cross-Border Payments
Nov 15, 2023
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Bloomberg Law
Fiserv Ripped Off AmEx-Developed Payment Technologies, Suit Says
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CNBC
GoCardless considers takeovers amid payments industry consolidation
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American Banker
Payment firms’ return-to-office policies put innovation to the test
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Bloomberg
Student Loan Restart May Have 1.4M More Borrowers Missing Debt Payments
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PYMNTS
CFPB Bans Enova From Offering Certain Consumer Loans
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