What We're Reading: Page 27
Industry reads hand-picked by our editors
Mar 11, 2024
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American Banker
Mastercard, Dwolla using open banking to pursue separate markets
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The Information
The Latest Fintech Retreat: a $2 Billion Challenger to Western Union Suspends U.S. Services
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Digital Transactions
Blockbuster Deals Aside, a Slower M&A Trend Continues to Grip the Payments Industry
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NBC News
Young people flock to buy now, pay later for daily essentials
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Bloomberg
Top Australia Banker CBA CEO Renews Warning on Apple Payments Power
Mar 08, 2024
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The Hill
Chamber, business groups sue CFPB over credit card late fee cap
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Reuters
Powell says Fed not “remotely close” to a central bank digital currency
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The New York Times
The Youths Have Spoken: Wallets Are Uncool. Go Digital.
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Bloomberg
JPMorgan Joins French Payments Fray in Tie-Up With Visa Rival
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The Wall Street Journal
Block Capital One’s Merger With Discover
Mar 07, 2024
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Financial Times
JPMorgan pursued Discover deal before Capital One’s $35bn offer
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Barron’s
Uptake of Fed’s New Instant Payment System Is Slow
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The Financial Brand
PayPal’s Schulman: Payments & Banking Consolidation Ahead
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Reuters
Musk says X could soon receive payment licenses in New York, California
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USA Today
Walmart: Testing self-checkout in stores, not getting rid of it
Mar 06, 2024
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American Banker
U.S. Chamber says it will sue the CFPB over credit card late fee rule
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The New York Times
Cyberattack Paralyzes the Largest US Health Care Payment System
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Reuters
Capital One defeats cardholders’ lawsuit over foreign exchange charges
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TechCrunch
Apple releases a new API to fetch transactions from Apple Card and Apple Cash
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PYMNTS
Goldman: CFPB Late Fee Rules Will Hurt Citigroup the Most
Mar 05, 2024
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CNN Business
Credit card late fees capped at $8 as part of Biden administration crackdown on junk fees
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Bloomberg
JPMorgan Joins French Payments Fray in Tie-Up With Visa Rival
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American Banker
U.S. banks may struggle to adopt a key new global payments protocol
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AP News
Credit card debt: Renters and poor people are falling behind
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Milwaukee Journal Sentinel
Fiserv marks Milwaukee headquarters opening with move from Brookfield
Mar 04, 2024
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ABA Banking Journal
ABA, associations: Cross-border payments standards would disadvantage U.S., banks
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Bloomberg
Bigger Banks Aren’t Always Better for Consumers
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Reuters
Apple hit with deterrent $2 bln EU antitrust fine in Spotify case
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Ctech
Fintech unicorn Melio laying off 7% of workforce
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Modern Retail
As payments platforms pitch more services, brands fear too many options
Mar 01, 2024
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Law360
Amazon Cuts Deals With Mastercard, Banks In Fee MDL
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NBC News
Ransomware attack on U.S. health care payment processor ‘most serious incident of its kind’
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TechCrunch
MacPaw’s Setapp becomes one of the first to agree to Apple’s controversial DMA rules
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Crain’s Chicago Business
Capital One-Discover deal means Chatham call center’s future uncertain
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Bloomberg
Brazil Takes Central Bank Digital Payments App ‘Pix’ Across Borders
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