What We're Reading: Page 35
Industry reads hand-picked by our editors
May 03, 2024
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ABA Banking Journal
D.C. federal court vacates CFPB Prepaid Rule
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Tearsheet
SMBs are increasingly opting for real-time payments, leaving credit cards behind as their preferred choice
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BNN Bloomberg
Open banking to ‘increase competition in the market,’ provide choice: industry players
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Wall Street Journal
GM in Talks to Move Credit-Card Business From Goldman to Barclays
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The Washington Post
Apple, Google and Venmo fight new U.S. plan to monitor payment apps
May 02, 2024
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American Banker
Mastercard poised to start processing payments locally in China
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Reuters
Court directs Texas judge to decide CFPB credit card fee case by May 10
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The New York Times
What Fed Rate Moves Mean for Mortgages, Credit Cards and Student Loans
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Digital Transactions
Potential Merchant Savings on Swipe Fees Is the Latest Payments Battleground
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Finextra
Payments processor BlueSnap reaches $10m settlement with FTC
May 01, 2024
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CNBC
Federal prosecutors are examining financial transactions at Block, owner of Cash App and Square
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SMBs are increasingly opting for real-time payments, leaving credit cards behind as their preferred choice
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Reuters
Mastercard’s profit beats on strong card spending by U.S. consumers
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The Wall Street Journal
Forget Apple Pay, Guest Checkout May Be PayPal’s Real Competitor
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TechCrunch
Screenshots suggest TikTok is circumventing Apple App Store commissions
Apr 30, 2024
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The Wall Street Journal
Goldman in Talks to Unload GM Credit-Card Partnership to Barclays
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Fintech Futures
Paystand buys Teampay to enhance B2B payments platform with corporate spend management
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TechCrunch
‘Wallet-as-a-service’ startup Ansa raises $14 million with female investors leading the way
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Digital Transactions
Paysafe Adds a Pay by Bank Option for Online Bettors
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Reuters
Bank of England tells payment firms to step up disruption mitigation plans
Apr 29, 2024
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Reuters
Exclusive: China firms go ‘underground’ on Russia payments as banks pull back
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Digital Transactions
Visa Joins the Amazon Partner Network As Fintechs Turn to the Cloud for Payments Acceptance
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Bloomberg
Circle’s USDC Takes Lead in Stablecoin Transactions, Visa Says
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CNBC
Stripe co-founder says high interest rates wiped out ‘wackiest’ ideas
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MarketWatch
Adyen shares slump as payments processor meets revenue estimates
Apr 26, 2024
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Finextra
Visa launches open banking with Tink in the US
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Law360
NY’s ‘Buy-Now, Pay-Later’ Oversight Bill Delayed But Not Dead
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American Banker
Synchrony hikes interest rates on credit cards to offset late-fee rule
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Bloomberg
Stripe Will Let Merchants Accept Stablecoins for Online Transactions
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PYMNTS
Card-Linked Offers Shape Data Access for Restaurants
Apr 25, 2024
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Axios
How Klarna’s new credit card is different
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American Banker
Sen. Warren calls for increased safeguards in stablecoin legislation
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Reuters
CFPB asks court to reconsider keeping credit card fee rule case in Texas
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Fortune
Stripe CEO says he used to be a ‘misanthropic introvert’ and would still prefer to be a ‘cave dweller’ than work in the office
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9to5Mac
Spotify: Apple has ‘defied’ the EU by blocking latest update with pricing info
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