What We're Reading: Page 30
Industry reads hand-picked by our editors
Feb 08, 2024
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WIRED
Ransomware Payments Hit a Record $1.1 Billion in 2023
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Financial Times
Adyen shares surge after sales at payments processor beat forecasts
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Colorado Inno
Fort Collins payment platform to lay off 80 employees
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CNBC
China’s central bank encourages local businesses to accept foreign payment cards
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PYMNTS
Worldline Plans to Cut 8% of Staff to Save $215 Million
Feb 07, 2024
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American Banker
A painful year looms for issuers of middle-market consumer credit cards
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MarketWatch
Western Union 4Q Profit Falls On Lower Revenue
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PYMNTS
Affirm, Afterpay Cut Rewards as BNPL Firms Try New Models
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The Information
Top Stripe Executive Clayville Departs, Is Helping Secretive Startup Omniva Hire
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Digital Transactions
Payroc Beefs Up Its Presence in Canada With Its Deal for SterlingCard
Feb 06, 2024
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American Banker
How PayPal’s small investment in a fintech is a big bet on its stablecoin
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The Information
Musk’s X is Flooded With Ad Spam—Stolen Credit Cards May Be Key
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Cincinnati Business Courier
Worldpay HQ returns to Cincinnati as independent company
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Stanford Graduate School of Business
The Hidden Costs of Clicking the “Buy Now, Pay Later” Button
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Tearsheet
‘Americans spend $170 billion a year just waiting for their next paycheck’: Rain’s Alex Bradford
Feb 05, 2024
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American Banker
Why aren’t more banks sending real-time payments?
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Reuters
Visa, Mastercard ask U.S. Supreme Court to fix ‘rampant confusion’ on class certification
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The Financial Brand
Credit Card Debt Growth is Banking Challenge for 2024
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PYMNTS
Ripple Prepares to Expand Payments Business in US
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Crain’s Chicago Business
Michael Rhodes takes over as Discover Financial Services CEO
Feb 02, 2024
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Reuters
Visa is sued over ‘Vanilla’ gift card scam
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The New York Times
Developers Pan Apple’s New Plan for App Store in Europe
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Law360
JPMorgan Directors Seek Toss Of Zelle Fraud Suit In Del.
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CNBC
Mastercard launches GPT-like AI model to help banks detect fraud
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PYMNTS
Cantaloupe Acquires CHEQ to Expand Self-Service Commerce
Feb 01, 2024
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Barron’s
Apple, Google Could Win the War for the Digital Wallet.
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Tearsheet
Why PayPal’s new features didn’t match the anticipated hype
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Bloomberg
American Express, Delta Unveil Credit Cards With Perks, Higher Fees
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PitchBook
IPO Watchlist: The fintech unicorns likely to go public
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The Australian Financial Review
‘Pretty much donezo’: Afterpay’s global ambition feared in job cuts
Jan 31, 2024
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Business Insider
Jack Dorsey’s Block Lays Off ‘Large Number’ of Staffers
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Federal Reserve Bank of Atlanta
The Cold Reality of Authorized Push-Payment Fraud
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PYMNTS
Lawmakers Oppose CFPB’s Proposal on Nonbank Financial Firms
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The Verge
Epic preps its challenge to Apple’s ‘bad-faith’ outside payments changes
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TechCrunch
Fintech Ramp acquires another AI-powered startup
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