PayPal

Both PayPal and Citigroup are taking a bigger role in the market for cross-border payments, a strategy that led both companies to participate in a $50 million round in PPRO Group, a U.K.-based cross border e-payment company.

PayPal's executives likely expected the company's $3 billion buying spree of companies like Hyperwallet and iZettle to dominate its media coverage this month. But a single careless letter has stolen the narrative.

The agency, with others, will work to stop consumer fraud; manager of four Morgan Stanley L.A. offices allegedly ignored harassment allegations.

The final sale price came it at $6.9 billion, or about $900 million more than what the two firms agreed upon when the deal was announced in November.

In the era of digital and mobile payments, many banks and tech companies have strived to completely do away with cash, checks and cards. But quite a few have had to concede that the market isn't quite ready to give up the physical trappings of payments.

PayPal has many brands with which it wants to permeate online commerce, but it doesn't need a separate button for each one.

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.

PayPal Holdings Inc. is teaming up with Indonesian venture-capital firm Alpha JWC Ventures to back emerging financial technologies that can be developed for Southeast Asia.

Four years after leading a charge to make PayPal more nimble by severing it from eBay, investor Carl Icahn is reportedly dissolving his investments in the payment company.

Mastercard's CEO sang the praises of a single "button" for online purchases, a stance that puts heat on online payment leader PayPal without the whiff of a direct attack.

PayPal is dusting off the idea of conducting commerce augmented reality glasses, a concept that fell flat five years ago. But a half decade is an epoch in technology time, enough to reevaluate the competitive necessity of AR payments.