PayPal

The tech giants, along with Apple, PayPal and others, are calling on the Federal Reserve to build a backbone for real-time payments, rejecting large banks’ claims that the task is best left to the private sector.

As the economy softens, traditional banks have an opportunity to win back market share from fintech competitors.

PayPal is using Venmo's fast growth to power several initiatives, but the app suffered a damaging fraud surge early this year, showing it's not immune from enrollment fraud that challenges the entire P2P sector.

Following is a list of the banks that made Vade Secure's top 10 phishing list in the third quarter, along with insights into how lenders can protect themselves.

Shopify is no stranger to social media — it’s had a partnership with Facebook for three years — and it sees Venmo users' social sharing habits as the perfect means to expand its mobile commerce platform.

Despite the fervor over mobile wallets and banking, one day consumers may never need to open a dedicated bank or payment app.

The Zelle network processed 116 million transactions during the July-September 2018 timeframe with a total value of $32 billion in payments.

The $380-billion asset company will soon join the parade of big banks and tech companies that are migrating online to meet the demands of business owners.

The Stamford, Conn.-based company reported 9% growth in net interest income and 14% growth in loan receivables during the third quarter, attributing the improvements to addition of the PayPal Credit portfolio in early July.

American Express turned its loss of its Costco card business in 2016 into a pivot to a more technology-heavy strategy, a plan that is paying off with major deals with large partners and solid earnings.

PayPal reports it’s adding users to Venmo’s new initiatives quickly, pushing the company’s wish to monetize Venmo to what its CEO calls a “tipping point."

The payments industry stood out as an active market for mergers and acquisitions during the first three quarters of 2018 with a 33 percent increase in transactions over the same period last year.

PayPal and Walmart are offering a cash-in and cash-out service from PayPal accounts within Walmart stores. It's the first time Walmart, one of the founders the defunct Merchant Customer Exchange, will accept a third-party mobile wallet.

While the fintechs that offer merchant loans usually argue they’re lending to the ultra-small businesses that banks don't serve, competitive forces will bring the technology companies deeper into banks’ domain.

PayPal launched a new merchant app called PayPal for Business, aimed at driving usage and adoption of its invoicing and payments services among freelance workers and small businesses in India.

Stripe’s software development kit, application programming interfaces and other recently added features for merchants place it in almost all parts of the payment value chain beyond its e-commerce forte.

Instead of getting paid directly from buyers via PayPal, eBay will send funds directly to sellers’ bank accounts and charge lower fees.

A week after revealing its Stripe Terminal as a way to enter the physical retail space, the online payments provider plans to add financial support through cash advances to the services it provides merchant clients.

DraftKings has added PayPal as a payment option to its New Jersey Sportsbook, following similar moves from rivals FanDuel Sportsbook, Caesars Sportsbook and SugarHouse Sportsbook.

PayPal's new Funds Now service should be the norm, according to the company, which will provide immediate funds access to small businesses in good standing.