Tom Nawrocki

Colorado

Staff Writer at PaymentsJournal

Staff Writer at Javelin Strategy & Research

Russia is paying me $400,000 a month for these posts. I don't think it's worth it, but who am I to judge.

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Articles

Why Meta Is Getting Back into the Stablecoin Business

1 week ago | paymentsjournal.com | Tom Nawrocki

Three years after abandoning its previous effort to produce a stablecoin, Meta is now working with several cryptocurrency companies to introduce a new version of the digital currency. The company plans to use the stablecoin for cross-border payments, simplifying payouts to the creators who use its platforms around the world.
Ensuring Payment Decisions Pay for Themselves

1 week ago | paymentsjournal.com | Tom Nawrocki

Even though payment decisions can have implications across an entire enterprise, the total cost of payments is often neither well-known nor properly measured. A true payments orchestration strategy must not only consider organizational impacts but also quantify them. Conducting this type of assessment can help organizations identify which payment changes result in increased ROI and which do not.
Corpay Strengthens Its Push into Accounts Payable for Smaller Businesses

1 week ago | paymentsjournal.com | Tom Nawrocki

Corpay’s investment in AvidXchange addresses a key functionality gap for the payments firm, meeting the rising demand for accounts payable automation in the underserved middle market. AvidXchange, a provider of SaaS-based AP automation and payment solutions, digitizes and automates AP workflows for smaller enterprises. Private equity company TPG will hold the majority of AvidXchange’s stock. Corpay will invest approximately $500 million for a 33% equity stake in the company.
Nordic States Announce Offline Payments Plan After Damage to Cables

1 week ago | paymentsjournal.com | Tom Nawrocki

Five northern European nations are planning to develop an offline card payment system as a backup in case internet or electrical connections are disrupted. The initiative follows several incidents in recent years where critical undersea cables and other infrastructure were damaged. Over the next year, Finland, Sweden, Norway, Denmark, and Estonia will begin rolling out a payment system that operates without internet access.
The Brave New Future of the Disappearing Account

1 week ago | paymentsjournal.com | Tom Nawrocki

Are we witnessing the slow death of the account? As the traditional walls around them fall, some financial services companies are focusing on services rather than long-term relationships and giving a new framing to their offerings. This is more than just an issue of semantics.
Rewards Points Remain a Big Prize for Account Takeover Hackers

1 week ago | paymentsjournal.com | Tom Nawrocki

Account takeovers (ATO) continue to be a major challenge for cybersecurity professionals, fueled by the high resale value of compromised accounts—especially those with valuable rewards points. A new report found that over 6.8 million accounts listed for sale on criminal marketplaces in 2024. According to the report from KasadaIQ, stolen accounts made up the majority of listings on these marketplaces in Q1 2025.
Delinquencies Run Rampant as Student Loan Collections Return

1 week ago | paymentsjournal.com | Tom Nawrocki

The process of collecting defaulted student loan payments has resumed after a five-year pause due to COVID-19, and the outlook is fairly bleak. As of February, more than 20% of all federal student loan borrowers with payments due are over 90 days delinquent. According to data from TransUnion, the current student loan delinquency rate stands at 20.5%—the highest on record. That figure is nearly double the rate from February 2020 and more than twice the current delinquency rate for credit cards.
Robinhood, E*Trade Go Two Different Directions on Crypto

2 weeks ago | paymentsjournal.com | Tom Nawrocki

After its crypto revenues plunged in Q1, Robinhood is stepping back from trading in digital assets. Meanwhile, E*Trade is planning to ramp up its crypto services. The divergence appears to reflect the distinct client bases each company serves. Robinhood has long been a popular platform for trading, but its crypto-related revenue for Q1 2025 dropped to $252 million, down about 30% from the previous quarter. Over the same period, crypto trading volume on Robinhood fell by 35%.
Apple Forced to Strike Down Barriers to Its App Store in the U.S.

2 weeks ago | paymentsjournal.com | Tom Nawrocki

A week after Apple was hit with a massive fine and ordered by the European Union to revamp its App Store policies, a U.S court has delivered a similar blow. A judge found that the company violated a prior court order aimed at loosening its grip on the App Store—part of a longstanding legal battle with Fortnite maker Epic Games.
Apple Loses Payments Battle with the EU; Is X Next?

2 weeks ago | paymentsjournal.com | Tom Nawrocki

A video game maker has helped The European Union’s Digital Markets Act (DMA) claim its first major victory. Apple will now be required to allow sellers using its App Store to mention or link to alternative storefronts or other payment offers. Previously, Apple customers could only complete purchases through the App Store, where Apple takes a 30% cut. Apple was also fined €500 million by the EU. Meanwhile, Meta was hit with a €200 million fine over its advertising policies.