Browsing: PaymentsSource

Growing demand for dollar-denominated stablecoins is going to give the Treasury Department increasing influence over the direction of the U.S. economy, perhaps at the cost of…

Key insights: Block has opened a new office in Dublin, part of the company’s increasing attention to the region. What’s at stake: Rivals including Stripe, PayPal and…

The “exorbitant privilege” the U.S. has long enjoyed because of the dollar’s status as the world’s reserve currency would be supercharged if global adoption of stablecoins…

Key insight: Macroeconomic conditions impacted the first two fintech IPOs of the year, BitGo and PicPay.Expert quote: “The partial government shutdown has increased near-term uncertainty and…

Key insights: Affirm has signed exclusive distribution deals to get its buy now, pay later loans on Intuit’s Quickbooks Payments and Expedia’s platform. It also will…

Key insights: PayPal is replacing CEO Alex Chriss with HP CEO and PayPal board chair Enrique Lores. What’s at stake: Branded checkout, a key performance metric for…

Key insights: BVNK and Polygon Labs are building scale for stablecoin payments. What’s at stake: Stablecoins are not widely used for consumer payments at merchants, but the…

Key insights: Amex’s earnings beat analyst estimates on revenue but missed on EPS. What’s at stake: Amex is in the midst of a refresh of its premium…

Key insights: SoFi blew past analysts’ expectations on earnings and revenue in the fourth quarter, and was bullish on potential applications for new products involving cryptocurrency…

Key insights: Visa CEO Ryan McInerney reiterated the company’s long-held stance that the Credit Card Competition Act would have far-reaching negative consequences. What’s at stake: President Trump’s…