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Dan Loeb’s big bet on PayPal Holdings Inc. is off to a rough start. The payments giant projected revenue below analysts’ estimates for this quarter and saw Venmo growth continue to slow, causing concern among Wall Street analysts that had been bullish on the app’s potential.
July 25 -
With just two partnerships, eBay is cutting off a big opportunity for community banks.
July 24 -
The recent tariff escalations could cause financial pain for specific shopping corridors, particularly in price-conscious locales.
July 23 -
Digital payments are becoming a critical aspect of nearly every new service for merchants or financial institutions.
July 20 -
Both PayPal and Citigroup are taking a bigger role in the market for cross-border payments, a strategy that led both companies to participate in a $50 million round in PPRO Group, a U.K.-based cross border e-payment company.
July 17 -
PayPal's executives likely expected the company's $3 billion buying spree of companies like Hyperwallet and iZettle to dominate its media coverage this month. But a single careless letter has stolen the narrative.
July 12 -
The agency, with others, will work to stop consumer fraud; manager of four Morgan Stanley L.A. offices allegedly ignored harassment allegations.
July 12 -
The final sale price came it at $6.9 billion, or about $900 million more than what the two firms agreed upon when the deal was announced in November.
July 3 -
In the era of digital and mobile payments, many banks and tech companies have strived to completely do away with cash, checks and cards. But quite a few have had to concede that the market isn't quite ready to give up the physical trappings of payments.
June 29 -
PayPal has many brands with which it wants to permeate online commerce, but it doesn't need a separate button for each one.
June 28