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Payments company reports double-digit increases in both profit and revenue; card company faces intense competition.
October 20 -
PayPal's latest move has been expanding its Venmo service beyond peer-to-peer payments to a method for paying merchants directly.
October 19 -
The Federal Reserve Board governor sketched out a future in which U.S. banks remain at the center of commercial transactions.
October 19 -
PayPal's latest move to promote Venmo for retail payments may be the company's clearest admission of the limitations of the PayPal brand.
October 17 -
Consumers now expect money to move at web speed, be instantly available, and safe to spend, writes Drew Edwards, CEO of Ingo Money.
October 17Ingo Money -
JPM chief says digital currency “has no actual value,” but likes the blockchain technology behind it; lender will wait until “the time is right” before re-applying.
October 16 -
Meetings between bank regulators and technology giants like Amazon and PayPal underscore Silicon Valley's growing involvement in the financial services arena, and may presage pursuit of a bank charter.
September 29 -
The open tech that powers added data sharing has already resulted in security events, writes Stephen Singham, managing director of security research at Distil Networks.
September 13Distil Networks -
Petal is using machine learning in its new card program to make the most of the scant financial data available from young consumers.
September 8 -
PayPal is among the top non-bank financial brands, though that may soon change as other challengers gain ground, writes Hannu Verkasalo, founder and CEO of Verto Analytics.
September 1Verto Analytics