What We're Reading: Page 99
Industry reads hand-picked by our editors
Aug 31, 2022
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The Guardian
Klarna losses more than triple as consumer spending slows
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PYMNTS
Visa Says US Payments Volume Climbed 11% Y/Y in August
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Bloomberg
Ex-PayPal COO David Sacks Says He Emailed Musk Bankers About Twitter Deal
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Chicago Booth Review
How Automatic Minimum Credit Card Payments Cost Consumers—and How Regulators Could Help
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The New York Times
Buy Now, Pay Later: Going Into Debt for Groceries
Aug 30, 2022
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The New York Times
Lawmakers Seek Information on ‘Buy Now, Pay Later’ Gun Sales
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PBS NewsHour
Walmart seeks to dismiss FTC lawsuit over money transfers used by scam artists
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POLITICO
Apple faces growing likelihood of DOJ antitrust suit
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American Banker
Checking in on checkout-free retail
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CNBC
Credit scores are at an all-time high, despite rising consumer debt
Aug 29, 2022
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Vice
‘I Know I Have an Issue’: Does ‘Buy Now, Pay Later’ Convince People to Overspend?
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Forbes
New Payment Service Using Same Tech As Zelle And Venmo Will Cut Out Visa And Mastercard Fees
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The Paypers
The adoption of real-time payments in the Americas: Forecast and challenges
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Reuters
Cannabis fintech Bespoke to expand BNPL base in cash-starved industry
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American Banker
Citi expands transgender-friendly True Name program to debit cards
Aug 26, 2022
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Bloomberg
Buy-Now-Pay-Later Tech Pioneers Squeezed as Big Banks Muscle In
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CNBC
After a year-long dip, consumer spending power will be back in 2023
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American Banker
Inflation boosts enrollment in earned-wage-access cards
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TechCrunch
PayPal debuts ‘Grant Payments’ to shift charitable giving from paper checks to electronic transfers
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The Financial Brand
Retail Payments Shift as BNPL, Digital Wallets & Curbside Pick-Up Gain
Aug 25, 2022
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The Wall Street Journal
You Don’t Need to Pay Up Anymore for PayPal
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Reuters
Visa tokens overtake payments giant’s physical cards in circulation
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American Banker
What’s next for crypto payments after the crash?
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TechCrunch
India lifts ban on American Express
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PYMNTS
What China’s Slow Digital Yuan Rollout Says about CBDC Payments
Aug 24, 2022
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Financial Times
Visa and Mastercard blame fraud for post-Brexit fee increases
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American Banker
A showdown is coming between CFPB and Zelle over who is liable for payments fraud
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Bloomberg
T. Rowe Cuts Stripe, Instacart Valuations After Tech Selloff
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The Paypers
Buy Now, Pay Later: rapid growth but challenges on the horizon
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Forbes
Amex Grows Through Alliances With Tech Firms
Aug 23, 2022
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Fast Company
Visa-Mastercard ‘duopoly’ vs Venmo and Zelle: a fiery fight
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CNBC
Consumer watchdog to investigate record-high credit card rates
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POLITICO
Banks, crypto lobby clash with lawmakers over Fed digital dollar
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TechCrunch
CSI, a decades-old fintech solutions vendor, agrees to be acquired for $1.6B
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Forbes
Fintech Ramp Dives Into ‘Buy Now, Pay Later’ Market With New ‘Flex’ Offering For Businesses