What We're Reading: Page 91
Industry reads hand-picked by our editors
Nov 17, 2022
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American Banker
Visa’s plan to smooth bumpy travel via embedded payments
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CoinDesk
US Sen. Gillibrand Says a Last-Ditch Stablecoin Bill May Still Emerge This Year
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Bloomberg
Starbucks’ $181M in Unused Gift Cards Sparks Complaint to SEC
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CNN Business
Costlier credit: Some retailers’ cards now carry APRs of more than 30%
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PYMNTS
FIs Embrace Biometric Payment Cards
Nov 16, 2022
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Bloomberg
Wall Street Banks Defy FTX Gloom, Tests Crypto Dollars With Fed
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Axios
Credit card balances see biggest spike in more than 20 years
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American Banker
Can American Express use TikTok to win small businesses?
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The Guardian
Buy now, pay later schemes increasingly an avenue for financial abuse, report finds
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PYMNTS
Amex, Square Team on New Seller Credit Card
Nov 15, 2022
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Banking Dive
Cryptexodus: A running list of crypto execs who’ve quit since May
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The Wall Street Journal
FTX Collapse Sets Back Crypto Agenda in Washington
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The Financial Brand
How Chase Plans to Revolutionize Rent Payments with a Digital Solution
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Reuters
Tiger Global raises stake in Microsoft, Jack Dorsey’s Block
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PYMNTS
Opn Enters US Payments Market With MerchantE Deal
Nov 14, 2022
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CoinDesk
Visa Ends Its Debit Card Pact With FTX
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Bloomberg
FTX’s Sam Bankman-Fried Fooled Crypto World and Maybe Even Himself
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Reuters
JPMorgan to expand in Greece with new office, payments team
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The Wall Street Journal
Online Sports-Betting Apps Face Customer Complaints Over Delays Withdrawing Funds
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Finextra
BIS Innovation Hub launches new prototype CBDC
Nov 11, 2022
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Bloomberg
Sam Bankman-Fried Resigns, Seeks Chapter 11 for FTX, US Crypto Exchange, Alameda
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American Banker
With banking regulators on the sidelines, Congress eyes crypto legislation after FTX implosion
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Reuters
Coinbase cuts jobs again as cryptocurrencies extend fall
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The Financial Brand
The Lines Between Credit Cards and Buy Now, Pay Later Are Blurring
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Silicon Valley Business Journal
PayPal laying off 59 workers from San Jose HQ
Nov 10, 2022
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Financial Times
Elon Musk outlines ambitious payments vision for Twitter
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NBC News
Credit card interest rates hit record high
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American Banker
Worldline preps for mobile to take over the point of sale
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The Wall Street Journal
Binance Walks Away From Deal to Rescue FTX
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Bloomberg Law
‘Pig Butchering,’ Other Crypto Fraud Complaints Flood into CFPB
Nov 09, 2022
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Wall Street Journal
Goldman Sachs, Eager to Grow Cards Business, Courted Credit-Card Technology Firms
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Bloomberg Law
JPMorgan, Mastercard Plan to Bring ‘Pay-by-Bank’ to US Merchants
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American Banker
Getting real about the consequences of faster payments
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Reuters
Cryptocurrencies fall after FTX-Binance turmoil spooks investors
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PYMNTS
Affirm Stock Dives as Delinquencies Inch Higher