jdberr’s Tweets

Jul 11

Mastercard reports consumer spending increase despite inflation paymentsdive.com/news/mastercar via

Mastercard reports consumer spending increase despite inflation

In-store spending in June rose 11.7% over last year while e-commerce sales grew at a slower 1.1% pace, excluding auto and gas expenditures, according to Mastercard.

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Jul 8

LeafLink, Bespoke Financial push cannabis payments paymentsdive.com/news/leaflink- via

LeafLink, Bespoke Financial push cannabis payments

LeafLink and Bespoke are building up their business in cannabis payments as their CEOs count on a rebound in prices for reefer.

Jul 7

Walmart lashes back at FTC over lawsuit paymentsdive.com/news/walmart-l via

Walmart lashes back at FTC over money-transfer lawsuit

In a fiery rebuttal to the Federal Trade Commission lawsuit last week, the nation’s biggest retailer is already doing battle in the court of public opinion.

Jul 7

Toast acquires restaurant tech partner Sling paymentsdive.com/news/toast-acq via

Toast acquires restaurant tech partner Sling

Restaurant software company Toast has added to its menu of tools for clients by acquiring Sling, which helps food establishments manage worker scheduling and communication.

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responds to

's move: paymentsdive.com/news/payactiv- via

and

Payactiv jettisons some fees in wake of CFPB move

The earned wage access provider said that it was eliminating some fees just as the federal agency decided to remove a prior order giving the company leeway under certain laws.

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Jun 30

CFPB strikes at debt collector fees paymentsdive.com/news/cfpb-stri via

CFPB strikes at debt collector fees

In the federal agency's crusade against “junk fees," debt collectors’ fees for certain payments are now in its sights.

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I don’t like coconut or broccoli but you can choose to eat it.

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I am appalled at what has happened today regarding Roe vs Wade. Rarely, if ever, do I get political on Twitter but this is insane. Cancel me if you'd like, but this is a grave and it is unilaterally unjust.

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The economic consequences of today's SCOTUS decision:

cbsnews.com

What happens when women are denied abortions? Economic distress, research shows.

Women who are turned away from abortion access are more likely to suffer from financial distress and health problems.

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Payments startups still gaining value, for now paymentsdive.com/news/payments- via

mmm pop

Payments startups still gaining value, for now

Payments companies “led the pack in valuation increases” and had the biggest average increase in valuation, according to S&P Global Market Intelligence.

As the card companies have faced more pressure to bar #payments for ghost guns from their networks, a

@Mastercard

shareholder proposal urging the board to evaluate and report on ghost gun-related risks was rejected this week.

Mastercard shareholders reject ghost guns proposal

A shareholder who is also a state official and candidate for Congress urged the card giant’s board to issue a report related to untraceable guns, but the proposal didn’t win enough support to pass at...

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Jun 16

Affirm takes on BNPL skeptics paymentsdive.com/news/affirm-ta via

Affirm takes on BNPL skeptics

Apple's entry into the buy now-pay later market isn't a concern for Affirm, the company's Chief Financial Officer Michael Linford asserted Tuesday.

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Jun 14

Payments startups still gaining value, for now paymentsdive.com/news/payments- via

Payments startups still gaining value, for now

Payments companies “led the pack in valuation increases” and had the biggest average increase in valuation, according to S&P Global Market Intelligence.

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Jun 8

Toast heats up restaurant payments competition paymentsdive.com/news/toast-hea via

Toast heats up restaurant payments competition

As Toast adds services, the Boston startup is taking business from larger rivals and fintech peers, analysts say.

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Apple joins BNPL boom paymentsdive.com/news/apple-joi via

Apple Pay Later will let users split the cost of an Apple Pay purchase into four equal payments over a six-week period, with no interest or fees. It will be available via the Mastercard network.

Apple joins BNPL boom

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Jun 6

Lawsuits over Zelle pile up paymentsdive.com/news/lawsuits- via

Lawsuits over Zelle pile up

Bank of America and Wells Fargo have both been sued recently by consumers who allege they were defrauded by scam artists using Zelle payments.

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Jun 1

BNPL extends to gas, groceries paymentsdive.com/news/bnpl-exte via

BNPL extends to gas, groceries

Buy now-pay later providers have made their financing services more available for everyday purchases, offering consumers a tool to deal with inflation.

May 26

Chip shortage drives up card costs paymentsdive.com/news/chip-shor via

Chip shortage drives up card costs

Russia's invasion of Ukraine is affecting card chip prices because Ukraine is home to two companies that produce half of the world’s neon supply, a key ingredient in chips.

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May 20

BNPL player Zilch expands to US paymentsdive.com/news/uk-bnpl-p via

BNPL player Zilch expands to US

Instead of collecting fees from retailers to move merchandise from their shelves, Zilch is linking with brands like Sephora and Nike to lure consumers looking to finance their purchases through...

jdberr Retweeted

NBC Sports Philadelphia

@NBCSPhilly

May 8

Today on SportsRadioWIP, Ray Didinger announced he is retiring after 53 years covering the Philadelphia Eagles. Ray has been a beloved member of the CSN/NBCSP family since the debut of Eagles Pregame Live in 1998, and we wish him the very best. Thank you, Ray 💚

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“It will be a hard battle for these companies to continue to grow and become profitable at the same time.” Check out

’s Deep Dive - BNPL players' losses grow as costs soar paymentsdive.com/news/bnpl-play via

BNPL players' losses grow as costs soar

Buy now-pay later providers are having to pay a hefty price to keep up with surging consumer demand for their financing services, spending large sums to add new technology and more employees. As a...

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Congressman calls for increased digital wallet protection

Consumers may "not understand that funds kept in digital wallets or by payment apps may not be insured and protected to the same degree as their bank accounts,” a congressional report says.

BNPL players' losses grow as costs soar

Buy now-pay later providers are having to pay a hefty price to keep up with surging consumer demand for their financing services, spending large sums to add new technology and more employees. As a...

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Apr 26

CFPB aims to level playing field between banks, fintech paymentsdive.com/news/cfpb-aims via

CFPB aims to level playing field between banks, fintech

Banks have long complained that fintechs are able to offer many of the same financial services without abiding by the same laws. In an effort to level the playing field, the Consumer Financial...

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Apr 24

It appears both ways in the media.

Inquiring minds want to know: Does Ukrainian Prime Minister Voldoymyr Zelensky spell his last name with one or two ys?

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Wordle 288 6/6 ⬜🟩🟨⬜⬜ 🟩🟩🟨⬜⬜ 🟩🟩⬜🟩⬜ 🟩🟩⬜🟩⬜ 🟩🟩⬜🟩🟩 🟩🟩🟩🟩🟩

Apr 1

Sen. Cruz seeks to restrict Fed role for CBDC paymentsdive.com/news/sen-cruz- via

Sen. Cruz seeks to restrict Fed role for CBDC

Sen. Ted Cruz's legislation, which follows a companion House bill introduced earlier this year, would prevent the Federal Reserve from issuing a central bank digital currency directly to consumers.

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Mar 30

Visa urges cautious approach to BNPL regulations paymentsdive.com/news/visa-urge via