What We're Reading: Page 55
Industry reads hand-picked by our editors
May 23, 2023
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Atlantic Council
Can FedNow bring the US closer to real-time payments?
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The Wall Street Journal
Paper Money Diehards Refuse to Fold
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American Banker
Small, far-flung institutions see a lifeline in instant payments
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Finextra
Visa to recruit 1500 staff for new Polish tech hub
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TechCrunch
Amazon’s palm-scanning payment tech will now be able to verify ages, too
May 22, 2023
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Barron’s
Apple’s Next Version of the Wallet App Could Be Killer. Why PayPal and Other Fintechs Should Worry.
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TechCrunch
Venmo targets young consumers and parents with new teen accounts and debit card
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American Banker
State efforts to regulate earned wage access are heating up
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Reuters
Australia hits buy-now-pay-later sector with consumer credit law
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PYMNTS
JPMorgan Names PayPal’s John Frerichs Head of SMB Payments
May 19, 2023
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The Economist
The fight over the future of global payments
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CBC News
Visa and MasterCard agree to lower average credit card interchange fee below 1%
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The Paypers
Stripe powers bank payments for Airbnb
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The Boston Globe
Toast plans to vacate its Fenway headquarters, looks for new space
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Digital Transactions
Payroc Acquires Atlantic Merchant; First American by Deluxe Adds SwipeSimple’s Software
May 18, 2023
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American Banker
Why Citi is adding more point-of-sale financing
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CNBC
Fintech unicorn Zepz, owner of WorldRemit, lays off 26% of staff
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BNN Bloomberg
Euro’s Use in International Payments Drops to Three-Year Low
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Forbes
Fintech Ramp Launches Money Saving AI Tools For Businesses—Announces Microsoft CEO, More As Investors
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PYMNTS
Ripple Debuts Platform to Mint CBDCs and Stablecoins
May 17, 2023
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Axios
Credit card delinquency rate for young adults is rising
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American Banker
The check (fraud) is in the mail. Are stronger mailboxes the solution?
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The New York Times
What Are Restaurant Service Charges For?
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Sifted
It’s not just the CFO who’s quit: Meet the people left with power at Revolut
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Insider Intelligence
Sezzle achieves third straight quarter of profitability
May 16, 2023
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The Economist
As payments systems go digital, they are changing global finance
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Financial Times
Tiger Global looks to cash in part of $40bn portfolio of private companies
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PYMNTS
Tipalti Raises $150 Million to Expand AP Automation, Counts JPM as Investor
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The Financial Brand
How Credit Card Issuers Are Tackling Application Abandonment
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Digital Transactions
Paysafe Gains Momentum As CEO Lowthers Completes His First Year at the Helm
May 15, 2023
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Financial Times
Mastercard’s Europe head defends card fees amid UK regulatory probe
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American Banker
Rise in consumer loan delinquencies signals end of pandemic trend
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The Wall Street Journal
When Buying Now and Actually Paying Later Isn’t Enough
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TechCrunch
Fintech startup Brex was among the bidders for SVB’s early-stage and growth portfolios
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Reuters
India starts inquiry into Google app payments antitrust compliance
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