PayPal

Earlier this week, the e-commerce payments giant announced a $400 million deal to acquire Hyperwallet and its payment distribution technology. The deal for Palo Alto-based Simility takes aim at a different need: applying machine learning to its data collection to prevent various types of fraud.

PayPal is spending billions on M&A to throttle the heightened competition it faces from the likes of Square and Stripe.

PayPal can combine its payment service, Braintree and Hyperwallet for a variety of use cases for online marketplaces and gig economy workers.

The advancement of digital wallet technology in the past five years may be having a numbing effect on e-commerce merchants, who favor familiar brands over big-name wallet apps.

A bill moving through the California Legislature seeks to tame the largely unregulated world of online small-business lending. If passed, it would be the first of its kind nationally, but so far it has failed to satisfy either the industry or its critics.

The City of London, in collaboration with iZettle, is introducing the world’s first contactless card payment scheme for street performers. And as PayPal completes its purchase of iZettle, it's likely that this technology will spread to the U.S.

Square's taking on hundreds of millions of added debt to battle PayPal, indicating that the simple business model of turning a smartphone into a point of sale terminal is largely a thing of the past.

Avoiding repeating past mistakes will not be enough. Visa, Mastercard, Amex and Discover need to bring some added value that could trump PayPal’s already end-user-friendly solutions, writes Adriana iordan, vice president of product management for 2Checkout.

Employees reportedly unit doctored documents; payments company buys Swedish fintech firm just before it goes public.

PayPal has agreed to acquire iZettle—often called the Square of Europe—in a move that could blunt Square’s prospects in key markets.