What We're Reading: Page 79
Industry reads hand-picked by our editors
May 18, 2023
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American Banker
Why Citi is adding more point-of-sale financing
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CNBC
Fintech unicorn Zepz, owner of WorldRemit, lays off 26% of staff
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BNN Bloomberg
Euro’s Use in International Payments Drops to Three-Year Low
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Forbes
Fintech Ramp Launches Money Saving AI Tools For Businesses—Announces Microsoft CEO, More As Investors
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PYMNTS
Ripple Debuts Platform to Mint CBDCs and Stablecoins
May 17, 2023
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Axios
Credit card delinquency rate for young adults is rising
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American Banker
The check (fraud) is in the mail. Are stronger mailboxes the solution?
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The New York Times
What Are Restaurant Service Charges For?
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Sifted
It’s not just the CFO who’s quit: Meet the people left with power at Revolut
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Insider Intelligence
Sezzle achieves third straight quarter of profitability
May 16, 2023
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The Economist
As payments systems go digital, they are changing global finance
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Financial Times
Tiger Global looks to cash in part of $40bn portfolio of private companies
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PYMNTS
Tipalti Raises $150 Million to Expand AP Automation, Counts JPM as Investor
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The Financial Brand
How Credit Card Issuers Are Tackling Application Abandonment
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Digital Transactions
Paysafe Gains Momentum As CEO Lowthers Completes His First Year at the Helm
May 15, 2023
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Financial Times
Mastercard’s Europe head defends card fees amid UK regulatory probe
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American Banker
Rise in consumer loan delinquencies signals end of pandemic trend
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The Wall Street Journal
When Buying Now and Actually Paying Later Isn’t Enough
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TechCrunch
Fintech startup Brex was among the bidders for SVB’s early-stage and growth portfolios
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Reuters
India starts inquiry into Google app payments antitrust compliance
May 12, 2023
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American Banker
‘I want to see consumer finance where people aren’t stuck’: CFPB’s Chopra
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Bloomberg
Credit Card Reward Programs Can Be a Predatory Trap
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TechCrunch
Mastercard, PayPal and Robinhood dive deeper into crypto as industry shows ‘promise’
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Payments Journal
How Generative AI Could Transform Payments
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The Wall Street Journal
Miami’s Love Affair With Crypto Is Souring as Bitcoin Faithful Flock to the City
May 11, 2023
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Bloomberg
US Credit Card Debt Was Stickier Than Usual in First Quarter
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The Wall Street Journal
High-Tech Banks Grapple With a Rise in Old-Fashioned Crime: Check Fraud
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Axios
Stripe’s crypto strategy
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Reuters
EU antitrust regulators seeking more info on Apple Pay
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TechCrunch
Capchase gets into buy now, pay later with Capchase Pay for SaaS financing
May 10, 2023
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The Wall Street Journal
PayPal Is Growing, but Not the Way It Used To
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American Banker
Capital One returns fire at Walmart as credit card deal sours
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TechCrunch
Petal raises $35M, spins off data unit ‘to bring credit scores into the 21st century’
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AP
Judge nixes Block shareholder suit over online music deal
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PYMNTS.com
Stripe and WhatsApp Enable Payments in Chats in Singapore
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