PayPal

The rate of unbanked consumers declined to its lowest point since the Federal Deposit Insurance Corp. began its biennial survey in 2009.

The payments giant has sponsored a patch on the NBA team's jerseys since 2018.

PayPal Holdings said Chief Financial Officer Blake Jorgensen is taking a leave of absence to address a treatable medical condition.

The "super app," which incorporates shopping, savings and other offerings, was well received by PayPal's users, but inflation and supply chain issues are likely to weigh on spending through the first half of this year, CEO Dan Schulman said.

The move means companies can give consumers options other than ACH transactions or debit cards to receive disbursements for insurance claims, health care or gig work.

The agency is investigating whether the swipe fees paid to the banks that issue PayPal’s debit cards are consistent with Federal Reserve guidelines, PayPal said in a quarterly regulatory filing.

The payments company has completed development of its all-in-one portal. It's an ambitious project, but the first few services — such as bill pay and savings — are relatively straightforward.

The payment company is blending technology from its Swedish subsidiary with other features, such as invoicing, to provide a more robust offering to U.S. merchants.

Gripes against peer-to-peer payments services spiked during the past year as U.S. consumers flocked to Venmo, Cash App, Zelle and the like to transfer money.

The companies are working to thwart abuse on the Honey platform, a deal-finding system that PayPal acquired in 2019.

PayPal saw account openings and payment volumes soar as the world shifted away from cash. And as economies reopen, PayPal must determine whether consumers will continue their aggressive use of digital payments — or return to their old habits.

The PayPal subsidiary serves a more youthful and tech-savvy demographic than many of the mainstream payment companies that have already added crypto support.

The PayPal subsidiary serves a more youthful and tech-savvy demographic than many of the mainstream payment companies that have already added crypto support.

The Silicon Valley payments giant collaborates with incumbent banks. But its plan to launch a single mobile app where consumers will shop, make payments and manage their money is reinforcing long-held industry fears about the threat from Big Tech.

PayPal Holdings Inc. said it would achieve net-zero greenhouse gas emissions by 2040 as it looks for ways financial technology can prevent climate change.

The two payment brands have found ways to limit currency conversion risk — a key concern among banks and merchants.

The two payment brands have found ways to limit currency conversion risk — a key concern among banks and merchants.

PayPal Holdings Inc. said it will acquire the cryptocurrency firm Curv as it seeks to beef up its talent pool for handling digital currencies.

A showdown between megabanks such as JPMorgan Chase and the likes of Apple and PayPal could be the prelude to a broader fight.

The inquiry into Venmo's debt collection practices is a taste of what PayPal can expect as it expands to other categories that increasingly face regulatory pressure.