What We're Reading: Page 76
Industry reads hand-picked by our editors
Jun 20, 2023
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Reuters
KKR to buy nearly $44 bln of PayPal’s buy now, pay later loans in Europe
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CNBC
Senate Democrats pressure PayPal, Venmo, Cash App over fraud
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NPR
Missing your credit card payment is getting a lot more expensive
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Tearsheet
‘As a key tentpole of our strategy, we’re focused on accelerating the adoption of virtual cards’: 3 questions with Mastercard’s Chad Wallace
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CoinDesk
Jack Dorsey-Backed Bitcoin Wallet Bitkey To Integrate With Coinbase and Cash App
Jun 16, 2023
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CNBC
Senate Democrats pressure PayPal, Venmo, Cash App over fraud
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MarketWatch
Fed’s interest-rate pause won’t provide a reprieve for America’s nearly $1 trillion of credit-card debt
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PaymentsJournal
Mastercard Finds Digital Payments Are Spreading in Latin America
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American Banker
Credit — not cash — for gold? A secured card tackles pawn loans
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Barron’s
American Express to Be Hit as Travel, Entertainment Spending Slows: Analyst
Jun 15, 2023
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Axios
Stripe is watching FedNow “closely”
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AP
Cases of check fraud escalate dramatically, with Americans warned not to mail checks if possible
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American Banker
Synchrony lays out plan to recoup late fees lost under CFPB proposal
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Computer Weekly
Banks still investing heavily in legacy payments systems
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CNBC
Fintech firm Zepz plans M&A, new digital wallet after layoffs
Jun 14, 2023
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Bloomberg Law
CFPB Looking to Extend Reach to Big Tech Through Payments Rule
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S&P Global Market Intelligence
Credit card loan performance nearly back to normal
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American Banker
PayPal swoops into lending markets that banks abandoned
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Reuters
US consumer watchdog defends credit card ‘junk fee’ proposal
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CNBC
Alphabet-backed U.K. payment firm GoCardless to cut 15% of headcount
Jun 13, 2023
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American Banker
CFPB to propose open banking regulation in coming months, finalize in 2024
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PYMNTS
PayPal Ventures Leads $14 Million Fundraise for LatAm’s eCommerce Startup Nocnoc
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The Information
Andreessen Horowitz Merges Fintech and Consumer Teams After Some Bets Fizzle
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The Wall Street Journal
What Your Barista Is Really Thinking as You Are About to Tip
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Digital Transactions
With a New Card, Chase Looks to Woo New-To-Credit Customers
Jun 12, 2023
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American Banker
Why Apple Pay Later is the tortoise in the buy now, pay later race
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CoinDesk
New U.S. Stablecoin Bill Drafted by House Republicans as Compromise With Democrats
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CB Insights Research
Which payments startups have the highest valuation per employee?
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TechCrunch
Navan takes a swipe at expense management startups with new Mastercard and Visa partnerships
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9to5Mac
iOS 17 will add support for recurring payments to Apple Cash
Jun 09, 2023
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Bloomberg
Visa Is Said to Near Deal for Brazil Payments Provider Pismo
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American Banker
Five issues to watch when Chopra goes to Congress
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Bloomberg Law
American Express, Plaid Reach Consumer Data-Sharing Deal
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Digital Transactions
Estimated Merchant Savings from CCCA? $15 Billion Annually, Says One Researcher
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Milwaukee Business Journal
Fiserv rings New York Stock Exchange opening bell, starts work on downtown headquarters HQ