What We're Reading: Page 84
Industry reads hand-picked by our editors
Aug 02, 2023
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Crain’s Chicago Business
Discover estimates cost for legal, regulatory misfires
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American Banker
Zelle users report second outage in a week
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Bloomberg
Affirm CEO Levchin Says He Won’t Bet Against Elon Musk’s Everything App
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TechCrunch
As spend management space heats up, Brex and Rho turn to AI startups to help power new products
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PYMNTS
American Express Teams With Skipify on Frictionless Checkout
Aug 01, 2023
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Bloomberg
FedNow Payments System to Serve as Fintech Catalyst, Plaid CEO Zach Perret Says
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American Banker
Recent U.S. payment deals in China are a trickle, not a floodgate
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Financial Times
The real scandal of central bank digital currency
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The Washington Post
Elon Musk tried to rebrand PayPal as X.com. He was ousted as CEO.
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Forbes
Amazon’s Instant ID Points Toward Instant Payments
Jul 31, 2023
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Bloomberg
Bodegas Put on Notice as Visa Fights Back on Card Surcharges
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American Banker
Can FedNow give U.S. processors an edge over global rivals?
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Finextra
Klarna ditches open banking brand
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NPR
Hidden fees are on the rise and killing budgets everywhere
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CNBC
Credit card fee fight pits payment companies against retailers
Jul 28, 2023
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Reuters
Visa discloses further demands from US Justice Dept. over antitrust probe
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Bloomberg
Mastercard Spending Climbs as Consumers Book Overseas Travel
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American Banker
Bread Financial’s credit sales fall 13% in cooling economy
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Finextra
Goldman seeks way out of Apple Card partnership
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TechCrunch
Former Hulu exec is building a go-to remittance app for Indian expats
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
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