What We're Reading: Page 61
Industry reads hand-picked by our editors
Aug 16, 2023
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Bloomberg
Visa Faces DOJ Probe for How It Prices ‘Tokenization’ Technology
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Reuters
PayPal would slot well in a different wallet
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Axios
Credit card, car loan delinquencies rise above pre-pandemic levels
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Los Angeles Times
Reddit list tracks L.A. restaurants charging ‘service fees’
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PYMNTS
Marqeta Unveils Its First External-Facing Generative AI Tool
Aug 15, 2023
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The Information
PayPal and the Activist Campaigns That Didn’t Work
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American Banker
How ‘Pay by Bank’ could affect U.S. card volume
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The New York Times
Restaurant Credit Card Fees May Cost You
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TechCrunch
Brex expands into group events while Mesh Payments moves into travel
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The Guardian
Bank of England outage hits key payments systems processing billions
Aug 14, 2023
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TechCrunch
Mastercard to purchase a minority stake in MTN’s $5.2B fintech business
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The Wall Street Journal
Amazon Wants You to Pay With Your Palm. It’s a Sneak Attack on Apple and Google.
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American Banker
High credit costs prompt businesses to seek BNPL loans
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Tearsheet
What lies ahead for Twitter (X) when it enters the market with its integrated payments feature
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The Financial Brand
FedNow & BNPL: Payments Innovations Raise Big Question Marks
Aug 11, 2023
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CNBC
Average consumer carries $5,947 in credit card debt — a 10-year high
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The New York Times
This Is a Reminder That You’re Probably Oversharing on Venmo
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The Wall Street Journal
Brex Is Winning Big After SVB Collapse
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American Banker
Diebold Nixdorf discusses what comes after bankruptcy
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TechCrunch
Instacart now accepts EBT SNAP payments in all 50 states
Aug 10, 2023
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Bloomberg
PayPal’s New Stablecoin Draws Harsh Rebuke From Maxine Waters
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American Banker
Why cross-border P2P transfers aren’t instant—yet
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PYMNTS
Visa Expands Conferma Pay Partnership to Boost B2B Payments
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The Information
More Creators Have Trouble With Facebook Payments; TikTok’s New Trust & Safety Leader
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TechCrunch
App Store payment rules won’t change as Apple’s battle with Epic Games heads to Supreme Court
Aug 09, 2023
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Reuters
US Fed clarifies process for banks to transact in stablecoins
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American Banker
With FedNow live, banks hone in on uses for real-time payments
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Digital Transactions
Why Card Skimming, Already Bad, Is Getting Worse
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Financial Times
UK ministers accused of inaction over ‘buy now, pay later’ lenders
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TechCrunch
Chargeflow, which taps AI to fight chargebacks, raises $14M
Aug 08, 2023
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MarketWatch
Consumer borrowing picked up in June, latest Fed data show
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The Wall Street Journal
Credit Card, PayPal or Cash App? How You Pay Matters
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Modern Retail
Fintech platforms are leaning more heavily on BNPL
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American Banker
The many ways contactless payments are transforming mass transit
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Tearsheet
American Express launches Sync, making it easier for software firms to embed its APIs
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