What We're Reading: Page 41
Industry reads hand-picked by our editors
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
Feb 29, 2024
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The Wall Street Journal
How Discover’s Network Helps Capital One Take On Card and Banking Giants
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Marketplace
Fees war between retailers and credit card companies is heating up
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Axios
Payments giant Stripe may never go public
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Reuters
Klarna IPO now makes less sense than one later
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PYMNTS
Marqeta’s Total Processing Volume Surges 33%
Feb 28, 2024
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The Wall Street Journal
Stripe Valuation Jumps to $65 Billion in Employee Share-Sale Deal
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Bloomberg
Klarna Said to Sound Out Banks for US IPO at $20 Billion Value
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American Banker
A flip on a COVID theme: Digital payments become physical
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MarketWatch
CFPB Says Risks Associated with World Acceptance Warrant Federal Supervision
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CNN Business
The two-letter word helping this lender buck the delinquency storm
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