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Digital technology is increasingly connecting compensation and payment capabilities for contractors and creating an ability to share apps. It's a trend that’s brought Citi and PayPal together to offer flexibility and a network effect to counter fintechs.
December 16 -
PayPal — which is rarely thought of as a prepaid card company — has filed a lawsuit against the CFPB over its rules on prepaid accounts, underscoring the rapid changes in digital financial services and PayPal’s own expanding financial services ambitions in recent years.
December 12 -
PayPal — which is rarely thought of as a prepaid card company — has filed a lawsuit against the CFPB over its rules on prepaid accounts, underscoring the rapid changes in digital financial services and PayPal’s own expanding financial services ambitions in recent years.
December 12 -
PayPal is moving ahead with plans to integrate with both Amex and Discover, and the details of how PayPal will work with these card networks are starting to take shape.
December 3 -
PayPal is moving ahead with plans to integrate with both Amex and Discover, and the details of how PayPal will work with these card networks are starting to take shape.
December 3 -
With only 17 million users, compared to PayPal’s 300 million, Honey seems minuscule. But this is PayPal's largest acquisition ever by price, and it far eclipses the $800 million PayPal spent in 2013 for Braintree, which owned Venmo.
November 27 -
By attaching to Honey and its base of 17 million mostly young, female consumers who use the platform to find the best price on e-commerce deals, PayPal also is aiming to get closer to merchants with customized offers.
November 20 -
PayPal Ventures is part of an investment group that has raised $4.2 million for cryptocurrency risk management platform TRM Labs.
November 19 -
For decades card networks and issuers outside of China have tried to enter the giant Chinese consumer payments markets, but mostly have run into walls because of shifting regulations.
November 14 -
Adyen has traditionally focused on streamlining card acceptance, processing and settlement for online payments, and now it wants control more of the merchant relationship by enabling merchants to issue virtual and physical payment cards.
November 13 -
From its start four years ago as a PayPal service, the Xoom mobile money transfer network has positioned itself as an international P2P app that could rival traditional networks through its speed and ease of use.
November 12 -
HMBradley will assign interest rates according to how much customers set aside from direct deposits each month.
November 8 -
Square Cash generates a lot of revenue – and the road to Square’s success is the Cash P2P app, along with Seller tools, as its two curated ecosystems that are cross-selling their way to profitability.
November 7 -
Large tech companies have been driving home the message that they can help the many Americans who struggle financially. But there are good reasons to be skeptical of their intentions.
November 3
American Banker -
PayPal is adding rewards to its Venmo credit card in a way that seems to echo Apple's strategy with Apple Card.
October 29 -
Facebook’s cryptocurrency would not help underserved communities, despite the claims of its CEO, who is slated to appear before Congress this week.
October 25
Modern Money Network -
PayPal announced a record-breaking quarter on multiple fronts including overall growth in total payment volume , yet one issue still dogs PayPal — it loses money on the majority of Venmo users.
October 24 -
Facebook CEO says the company won’t purse Libra anywhere if U.S. regulators disapprove; the agency says “guidance” was actually “rules.”
October 24 -
Investors are looking to understand the potential impact from the upcoming loss of eBay Inc.’s business.
October 23 -
Facebook’s cryptocurrency would not help underserved communities, despite the claims of its CEO, who is slated to appear before Congress this week.
October 22
Modern Money Network
















