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10 Weekend Reads

Barry Ritholtz

New York Times ) • How creators became an economic juggernaut and the new American Dream : Millions have ditched traditional career paths to work as online creators and content-makers, using their computers and phones to amass followers and build businesses whose influence now rivals the biggest names in entertainment, news and politics.

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Pakistan Launches Payment System To Boost Financial Inclusion

PYMNTS

The new system is called "Raast," or "direct way," and will be rolled out in three phases culminating in early 2022, according to the news outlet. The system was developed over a period of years by a collaboration between the State Bank of Pakistan and the Bill & Melinda Gates Foundation.

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Today In Payments: Biden Expected To Name Michael Barr To Head OCC; Biden’s Treasury Pick Yellen Leary Of Crypto

PYMNTS

In today’s top news, President Biden is expected to pick Michael Barr to head the OCC, and Janet Yellen, Biden’s pick for Treasury Secretary, is expected to take a hard stance toward crypto. challenger bank. COVID-19’s Price Tag Leaves Large Hospitals At Financial Risk. Q4 Earnings Reports Show Mobile Banking’s Surge.

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Lost Pet Posters Get An Upgrade For The Digital Age

PYMNTS

A distraught owner might tape or staple some homemade signs around the neighborhood, knock on doors, put out some favorite treats on the porch or lawn, and perhaps even pray and check the bank account in hopes of offering a monetary reward. In a new PYMNTS interview, Chavez talked about bringing more online efficiencies to pet ownership.

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NCR’s Cardtronics Bid – And The Rise Of Self-Service Banking At The ATM 

PYMNTS

To that end, and as reported, NCR is looking to buy Cardtronics , in a deal that takes place amid recent news that Apollo Global and Hudson Executive Capital, private equity firms, were also gunning for Cardtronics. Let the games, as they say, begin – as a bidding war seems to be in the works, with an eye on self-service banking.

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Today In Payments: Google Reports Resurgence In Pandemic Hacking; Tech Cos Make M&A Deals

PYMNTS

In today’s top news, Google reported a resurgence of hacking and phishing attempts in April, and tech companies are making deals at their fastest pace since 2015. Plus, Samsung and SoFi have partnered to offer a new mobile money management tool. SoFi Powers Samsung Pay Mobile Banking Services. SMBs, PPP and America’s Reopening.

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Today In Payments: New Funding Values Tink At $824 Million; Starbucks Shifts 45 Pct Of Stores Toward Drive-Thru, Order Ahead

PYMNTS

In today’s top news, FinTech startup Tink raised €85 million to bring its valuation to €680 million, and Starbucks plans to shift more toward drive-thru and online ordering. New Funding Values Swedish FinTech Startup Tink at $824 Million. Plus, Airbnb shares soared in its first day of trading. and internationally — especially in China.