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Europe's Economic Crossroads: Recession Fears and S&P Global's
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Will Blockchain Technology Mark a Turning Point in Fraud
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CryptoCurrency
PayPal Integrated into Paybis as Trump Appoints David Sacks AI & Crypto Czar
2024-12-09T19:51:03.861+02:00
PayPal’s infrastructure reduces fraud checks and errors for better transaction success rates.
The incoming US administration, including SEC and CFTC officials, is expected to shape crypto policy.
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FinTech
PayPal Restores Services After Two-Hour Global Outage Disrupting Crypto and Venmo
2024-11-21T18:48:12.033+02:00
The outage, which began at 1053 GMT, was fixed by 1259 GMT.
Downdetector reported nearly 9,000 user reports of issues by 1226 GMT.
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FinTech
PayPal Expands in China: Seeks a Piece of the $331 Billion Industry
2024-09-30T10:06:06.888+02:00
The American payments giant has launched a new “all-in-one” payment platform for Chinese merchants.
Chinese merchants can easily reach over 400 million active PayPal users and billions of international consumers.
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CryptoCurrency
PayPal Launches Crypto Services for US Business Accounts
2024-09-25T22:10:24.081+02:00
The company will also enable US merchants to transfer crypto to digital wallets.
However, the new cryptocurrency functionality will not be available for businesses in New York at launch.
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Payments
PayPal and Venmo Introduce ENS Integration for Crypto Transfers in the US
2024-09-10T18:00:00.000+02:00
Users can enter ENS names in PayPal and Venmo for wallet address identification.
ENS names will be saved in address books for future transactions and contact recall.
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Payments
PayPal Expands US Point-of-Sale with 5% Cashback and Apple Wallet Integration
2024-09-05T17:47:53.241+02:00
The firm targets the $4.55 trillion US debit card market with increased cashback.
A report shows 24% of debit cardholders earned cashback in 2023, versus 74% of credit cardholders.
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FinTech
PayPal and Fiserv Deepen Partnership to Enhance Payment Solutions for Merchants
2024-08-29T14:57:19.502+02:00
The collaboration focuses on enhancing customer checkout experience to make transactions faster and more efficient.
A key part of this expansion is the integration of PayPal's Fastlane into Fiserv's ecosystem.
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CryptoCurrency
Crypto.com Links Up with PayPal to Facilitate US Crypto Purchases
2024-08-28T17:42:37.304+02:00
The firm plans to expand PayPal integration for crypto purchases beyond the US market.
Earlier collaborations included Visa Card top-ups and supporting PayPal USD.
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FinTech
PayPal and Adyen Double Down on US Expansion with Fastlane Checkout
2024-08-20T13:23:25.588+02:00
PayPal's Fastlane improves conversion by 80% and reduces checkout time by 32%.
Both firms have partnered for years, enabling Adyen's clients to offer PayPal, Venmo, and BNPL.
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Retail FX
IG Ends PayPal Payments for UK Users Following FCA Discussions
2024-08-06T10:37:39.605+02:00
Users are advised to use Apple Pay for instant and smooth payments.
Two IG subsidiaries saw profit declines in FY23, while IG Trading and Investments turned around.
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FinTech
Poland Fines PayPal $27.3M over Ambiguous User Agreements: Report
2024-07-15T20:51:55.259+02:00
The Office of Competition and Consumer Protection found PayPal's terms ambiguous, making it hard for users to understand prohibited activities and penalties.
This ambiguity reportedly allows PayPal the discretion to block accounts without clear justification.
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FinTech
PayPal Australia's Unfair Contract Term: Court Favours Small Businesses
2024-07-05T07:25:14.202+02:00
The payment giant used a contract term that was unfair to small businesses.
However, no business suffered loss or damage due to the unfair term.
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Executives
PayPal Names Walmart's Former Executive Srini Venkatesan as Chief Technology Officer
2024-06-20T15:07:57.179+02:00
Venkatesan has extensive experience in the tech and retail sectors, having previously worked for Walmart, Yahoo, eBay, StubHub, and Marketo.
He will lead operations in analytics, data science, AI, machine learning, and information security, among others.
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CryptoCurrency
MoonPay Brings PayPal on Board for EU and UK Crypto Purchases
2024-06-12T17:59:23.320+02:00
The US launch demonstrated PayPal becoming the third most used payment method.
The integration offers services to some MoonPay users in the UK and EU.
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FinTech
PayPal Unveils Enhanced Payment Solution for SMEs in Ireland
2024-05-31T11:13:47.732+02:00
The service allows Irish businesses to accept Apple Pay, Google Pay, and other payment methods.
Businesses using PayPal Complete Payments see a 4.2% increase in card acceptance.
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Payments
From FinTech Friend to Ad Architect: PayPal's Calculated Gamble into Targeted Advertising
2024-05-28T18:00:00.000+02:00
Can PayPal predict your desires before they exist?
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CryptoCurrency
PayPal Partners with MoonPay to Expand Crypto Adoption in the US
2024-05-02T19:02:09.226+02:00
Users can utilize PayPal for wallet transfers, bank transfers, and debit card transactions on MoonPay.
This collaboration aims to enhance the accessibility and convenience of buying and trading cryptocurrencies.
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Thought Leaders
PayPal’s Crypto Holdings of $1 Billion
2024-04-25T10:15:44.567+02:00
Consumers have greater demand for flexibility in managing and spending money.
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Executive Moves
Navro Taps Braintree and PayPal Veteran to Lead Sales and Revenue
2024-03-21T11:54:15.136+02:00
As a new CRO, Colin Moss-Davies will drive global expansion and revenue growth.
Navro is offering the industry-first payments curation platform.
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Payments
PayPal Unveils New Global Payments Solution for Small Businesses
2024-03-05T12:01:54.400+02:00
The PayPal Complete Payments platform drives growth for small businesses.
With the new product, credit and debit card acceptance rose 4.2%.
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FinTech
PayPal Shares Dive 8% Afterhours with FY24 Guidance Miss
2024-02-08T07:09:35.408+02:00
The company beat its estimations with its revenue and earnings in Q4 FY23.
However, its guidance for 2024 came lower than street expectations.
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CryptoCurrency
PayPal Ventures Invests in Mesh, Driving Crypto Payment Integration
2024-01-29T23:01:50.704+02:00
Mesh facilitates crypto transfers and payments.
PayPal Ventures utilized PayPal USD for its investment in Mesh.
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FinTech
PayPal’s Strategic Overhaul: Navigating the Financial Seas of Change
2024-01-29T17:48:43.500+02:00
Digital winds of change.
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Executives
PayPal Appoints Barclays Executive Simon Bladon as New UK CEO
2024-01-10T12:34:24.005+02:00
Bladon will serve as both UK CEO and VP of Global Entity Management at the organization.
A Barclays veteran since 2010, he held diverse leadership roles during his tenure.
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Retail FX
Your Finance App Knows You Better Than You Think
2023-12-22T15:43:51.905+02:00
Finance apps outstrip others in data collection, raising privacy concerns.
The list of big names doing that includes Revolut, Robinhood and PayPal.
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