Venmo

The volunteer firefighting crew in Kerr County was the target of impersonation scams on the digital payments platform for donations to relief efforts.

A Plaid spokesperson said an IPO remains 'a milestone we're tracking toward' but it wouldn't happen this year.

Alex Chriss says the impact of new payment innovation and strategies at units like Venmo and Braintree will take time.

The e-commerce giant will no longer support the P2P app as a payment option, despite PayPal's long-established hopes for a valuable relationship.

Wells Fargo leads $70 million funding effort targeting credit-challenged entrepreneurs; PayPal adds Tap to Pay for Venmo, Zettle; Amex names new CFO to succeed retiring veteran finance chief and more in this week's banking news roundup.

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

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.

Blending its existing technology with new authentication measures, the company aims to cut costs for credit unions that don't want to join the bank-run peer-to-peer network.

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 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.

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.

PayPal’s Venmo has launched a new “Cash a Check” feature on its mobile app to some customers. The offering is made in partnership with Ingo Money and its parent, First Century Bank.

Reflecting the rapid transition to digital payments, PayPal has reported its strongest growth in total payment volume and revenue in its history, coupled with strong growth for Venmo, its P2P app.

Expect to see other credit card companies join the race to customize rewards to customers to maximize appeal and customer lifetime value, says RevTrax's Jonathan Treiber.

The brand's youthful customer base will make its model common among other payment companies, says TLGG's Katrin Zimmerman.

PayPal isn’t the first company to open its platform to cryptocurrencies, but its technique is more hands-on than most payment providers.

Coronavirus galvanized the use of NFC payments and QR codes, and PayPal wants to harness both trends for Venmo’s first credit card.

Processing transactions quickly enough to serve digital commerce comes with arduous upgrades and complicated choices, but that's only the stick. The carrot is people like faster payments, so there's plenty of opportunities to boost payment revenue.

Payments platform APEXX Global is working with PayPal to expand payment methods to e-commerce merchants using APEXX, including the addition of the Venmo P2P digital wallet.