What We're Reading: Page 82
Industry reads hand-picked by our editors
Feb 27, 2023
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Bloomberg
Supreme Court to Review CFPB’s Funding System at Biden’s Behest
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Reuters
Stripe in advanced talks to raise $4 bln from investors - sources
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The Wall Street Journal
Goldman’s Credit-Card Mystery: Who Are the ‘Other Governmental Bodies?’
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TechCrunch
Pagos raises $34M as the demand for ‘payment intelligence’ rises
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Fintech Futures
OpenWallet Foundation launches to boost digital wallet interoperability
Feb 24, 2023
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Bloomberg
Goldman Sachs Offers Rich Clients Access to Stripe’s Multibillion Fundraise
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S&P Global Market Intelligence
Banks intend to ‘close the gap’ if CFPB slashes credit card late fee income
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Forbes
Worldpay’s Spinoff Is The Latest Sign Of Merchant Acquiring’s Changing Challenges
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American Banker
How Visa’s risk chief defends it against 71,000 cyber attacks a day
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WUSF Public Media
Senate panel targets the collection of gun-sale data by credit card companies
Feb 23, 2023
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Bloomberg
US Picks Ex-Mastercard CEO Banga for World Bank as Malpass Departs
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The Sydney Morning Herald
Zip Co to shut down overseas operations to stem cash burn
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Wall Street Journal
Stablecoins Attract Scrutiny in SEC’s Drive to Control Crypto
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Bloomberg Law
Digital Dollar Targeted in GOP Bill Cautioning Surveillance
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FinTech Futures
Stripe unveils Tap to Pay for Android devices
Feb 22, 2023
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American Banker
Supreme Court has not decided yet to take the CFPB constitutionality case
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Law360
Mastercard, Visa To Face New Interchange Fee Claims
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Business Insider
Top Tech Executives Driving Innovation at Key Payments Companies
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The Wall Street Journal
American Express Airport Lounges Cut Back on Free Plus Ones
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Bloomberg
Crypto Has Lost ‘Battle’ Against Fiat Currency, BIS Chief Agustin Carstens Says
Feb 21, 2023
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Bloomberg Law
Affirm Says Retailers Are Letting It Charge More for Loans
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American Banker
Green Dot seeks a middle ground with cash users
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The Wall Street Journal
Venture Fundraising Hits Nine-Year Low
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PYMNTS
NCR and Walgreens Expand ATM Agreement
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Reuters
India ties up with Singapore for its first real-time overseas payments link
Feb 17, 2023
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PYMNTS.com
Zelle Network Transaction Volume Increased 26%
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Bloomberg
Stripe Is on Track to Turn a Profit With $1 Trillion in Payment Volume
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Reuters
Fintech threat to big banks fizzled in 2022 as rates rose - report
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TechCrunch
Is this the end of the BNPL boom?
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Modern Retail
Why BNPL services like Splitit are focusing on physical retail
Feb 16, 2023
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American Banker
Why FedNow and RTP are courting the same tech partners
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Reuters
PayPal tells Australia it supports buy-now-pay-later regulation
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PYMNTS
BofA, JPMorgan Chase Report Rising Delinquencies
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The Wall Street Journal
Goldman Sachs Steps Back From Bidding for New Credit Card Programs
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The Washington Post
Opinion | Why Americans need protection from the Consumer Financial Protection Bureau