What We're Reading: Page 93
Industry reads hand-picked by our editors
Aug 11, 2023
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CNBC
Average consumer carries $5,947 in credit card debt — a 10-year high
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The New York Times
This Is a Reminder That You’re Probably Oversharing on Venmo
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The Wall Street Journal
Brex Is Winning Big After SVB Collapse
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American Banker
Diebold Nixdorf discusses what comes after bankruptcy
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TechCrunch
Instacart now accepts EBT SNAP payments in all 50 states
Aug 10, 2023
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Bloomberg
PayPal’s New Stablecoin Draws Harsh Rebuke From Maxine Waters
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American Banker
Why cross-border P2P transfers aren’t instant—yet
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PYMNTS
Visa Expands Conferma Pay Partnership to Boost B2B Payments
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The Information
More Creators Have Trouble With Facebook Payments; TikTok’s New Trust & Safety Leader
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TechCrunch
App Store payment rules won’t change as Apple’s battle with Epic Games heads to Supreme Court
Aug 09, 2023
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Reuters
US Fed clarifies process for banks to transact in stablecoins
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American Banker
With FedNow live, banks hone in on uses for real-time payments
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Digital Transactions
Why Card Skimming, Already Bad, Is Getting Worse
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Financial Times
UK ministers accused of inaction over ‘buy now, pay later’ lenders
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TechCrunch
Chargeflow, which taps AI to fight chargebacks, raises $14M
Aug 08, 2023
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MarketWatch
Consumer borrowing picked up in June, latest Fed data show
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The Wall Street Journal
Credit Card, PayPal or Cash App? How You Pay Matters
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Modern Retail
Fintech platforms are leaning more heavily on BNPL
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American Banker
The many ways contactless payments are transforming mass transit
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Tearsheet
American Express launches Sync, making it easier for software firms to embed its APIs
Aug 07, 2023
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American Banker
The CFPB has an ambitious agenda — but so does the Supreme Court
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TechCrunch
PayPal launches PYUSD stablecoin for payments and transfers
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PYMNTS
Apple CEO: Apple Pay’s Convenience Drives Record Payment Services Revenue
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The Washington Post
Credit card fraud isn’t going anywhere. Here’s how to protect yourself
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Finextra
Mastercard enables CVC-less payments for tokenised cards in India
Aug 04, 2023
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Bloomberg
A Digital Dollar Is for Banks and Governments, But Not You
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PYMNTS
Payoneer Expands Data Capabilities With Spott Acquisition
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Law360
Call Center Worker Says Discover Compels Off-Clock Work
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Fortune
The failure of the stablecoin bill reveals the new political divide in crypto
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Axios
Credit card startup Petal raises debt and equity financing
Aug 03, 2023
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American Banker
How earned wage access apps are rapidly evolving
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Axios
Exclusive: Stripe names Confluent executive Steffan Tomlinson as CFO
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Digital Transactions
Financial Institutions Are Embracing The Clearinghouse’s Request for Payment Capabilities
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Fortune
Facebook, Instagram creators see thousands of dollars in promised payouts vanish
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9to5Mac
Apple Card savings account tops $10 billion in deposits
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