What We're Reading: Page 63
Industry reads hand-picked by our editors
Jul 27, 2023
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American Banker
Durbin-Marshall swipe fee bill could get a vote this Congress
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Bloomberg
How to Buy Weed? Not With a Mastercard Debit Card, Company Says
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American Banker
Checkout.com tasks AI with cutting false declines as payments speed up
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The Information
How the Partnership Between Apple and Goldman Sachs Soured
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Finextra
Chinese payment app giants start accepting Visa and Mastercard
Jul 26, 2023
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American Banker
Visa invests in borderless money-movement network
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PYMNTS.com
Fiserv’s Clover Notches 23% Revenue Growth
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Axios
Alcohol sellers to start biometric scanning your face or palm to verify age
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Insider
Ex-Twitter Director Hints Musk’s X Rebrand ‘Destroying’ App
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TechCrunch
Jeeves hits over $40M in annualized revenue as it expands beyond corporate credit cards
Jul 25, 2023
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AP News
American Express profit rises, but it sets aside more money for possible defaults
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Los Angeles Times
How airlines trick you into paying more
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Axios
Inside Elon Musk’s plan for X, an “everything app” to replace Twitter
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Reuters
Apple faces $1 bln UK lawsuit by apps developers over app store fees
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American Banker
Banks lean into credit card growth, pointing to resilient U.S. consumers
Jul 24, 2023
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The Information
Bolt Probed by SEC, Investors Over Statements Made During Fundraising
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Axios
FedNow launch hints at payments wars to come
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Digital Transactions
More Deals Like the Square Card Coming As AmEx Posts Record Quarterly Volume
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Finextra
Sam Altman’s Worldcoin project launches
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TechCrunch
Foreign visitors to China can finally go cashless like locals
Jul 21, 2023
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Bloomberg
Mastercard Ordered to Pay Delivery Hero $44 Million by UK Court
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POLITICO
Biden’s clash with banks over credit card fees sparks lobbying blitz
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Financial Times
AI in banking, payments and insurance
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Payments Journal
Apple’s Financial Ecosystem Strategy
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TechCrunch
Karat, a startup building financial tools for content creators, raises $70M
Jul 20, 2023
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American Banker
Are traditional credit cards doomed in a world of real-time payments?
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TechCrunch
Fintech valuations have fallen. Where do they go from here?
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MarketWatch
Apple appears to be making rapid inroads in buy-now-pay-later
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CNBC
Amazon to add pay-by-palm tech to all Whole Foods stores by year end
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Forbes
The RTP Gold Rush: 10 FedNow Predictions
Jul 19, 2023
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American Banker
Block’s suit against Visa and Mastercard may have a bigger target
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Reuters
Analysis: Fintech lenders tighten lending standards, bolstering debt financing
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Bloomberg
Student Loan Payments Resuming Likely to Dampen Consumer Spending
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Tearsheet
‘FIs have an opportunity to treat creators as SMBs’: Marie-Elise Droga, Visa’s new head of fintech, on the creator economy
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Finextra
Klarna to provide struggling customers with access to debt advice
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