What We're Reading: Page 92
Industry reads hand-picked by our editors
Aug 22, 2023
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PYMNTS.com
FIS Hires Former Walgreens Exec James Kehoe as New CFO
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ThePaypers
Mastercard chooses Fluency as its CBDC partner
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Bloomberg
Pay-by-Palm’s Promised Convenience Clashes With Privacy Concerns
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American Banker
Paulette Rowe, new CEO of Stax, on fighting payment-fee fatigue
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Financial Times
India to expand digital payments with AI-powered voice transactions
Aug 21, 2023
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Tearsheet
PayPal: The beginning of a new era with incoming CEO Alex Chriss
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TechCrunch
Brex expands into group events while Mesh Payments moves into travel
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Financial Times
Adyen co-head admits payments group must rebuild investors’ trust
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Wall Street Journal
Dan Schulman Took PayPal to New Heights. He’s Having a Bumpy Landing.
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Fintech Futures
Paytech Matera acquires Brazilian AI firm Cinnecta for undisclosed sum
Aug 18, 2023
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The Information
Fintech Ramp is Raising Capital at $5.5 Billion Valuation, Down 30%
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American Banker
As more consumers shift deposits, Plaid lowers one hurdle
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Forbes
Checkout.com Drops Binance Over Money Laundering, Compliance Concerns
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Reuters
Central banks of Indonesia and Singapore start trial on cross-border QR code payments
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WILX
Consumers Energy to no longer accept cards for auto payments
Aug 17, 2023
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Financial Times
Payments group Adyen defends hiring spree as shares tumble 20%
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CNBC
CFPB to crack down on data brokers, Chopra says at White House event
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Sifted
Klarna outsources customer services staff, cutting 250 employees
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Atlanta Journal-Constitution
Atlanta-based FleetCor says ‘nyet’ to Russia business, sells interests
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NPR
Fees for electronic payments eat into health care budgets
Aug 16, 2023
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Bloomberg
Visa Faces DOJ Probe for How It Prices ‘Tokenization’ Technology
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Reuters
PayPal would slot well in a different wallet
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Axios
Credit card, car loan delinquencies rise above pre-pandemic levels
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Los Angeles Times
Reddit list tracks L.A. restaurants charging ‘service fees’
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PYMNTS
Marqeta Unveils Its First External-Facing Generative AI Tool
Aug 15, 2023
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The Information
PayPal and the Activist Campaigns That Didn’t Work
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American Banker
How ‘Pay by Bank’ could affect U.S. card volume
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The New York Times
Restaurant Credit Card Fees May Cost You
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TechCrunch
Brex expands into group events while Mesh Payments moves into travel
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The Guardian
Bank of England outage hits key payments systems processing billions
Aug 14, 2023
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TechCrunch
Mastercard to purchase a minority stake in MTN’s $5.2B fintech business
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The Wall Street Journal
Amazon Wants You to Pay With Your Palm. It’s a Sneak Attack on Apple and Google.
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American Banker
High credit costs prompt businesses to seek BNPL loans
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Tearsheet
What lies ahead for Twitter (X) when it enters the market with its integrated payments feature
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The Financial Brand
FedNow & BNPL: Payments Innovations Raise Big Question Marks
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