Tagged: paypal

August 5, 2022 @ 3:18 pm By Omar Faridi  |  

State Farm, the largest insurer of vehicles and homes in the US, announced the expansion of its Digital Pay solution to “include claim payouts delivered instantly into a customer’s PayPal account.” Through Digital Pay, claims can “be reviewed, approved, and paid digitally.” Customers can “choose… Read More

June 15, 2022 @ 11:19 pm By JD Alois  |  

PayPal (NASDAQ:PYPL) announced today a new buy now – pay later (BNPL) offering “PayPal Monthly.” The expanded credit offering arrives just after Apple (NASDAQ:AAPL) announced Apple Pay Later, a BNPL that allows users to easily pay for a purchase with 4 payments during a 6… Read More

May 3, 2022 @ 7:07 pm By JD Alois  |  

PayPal (NASDAQ:PYPL) is at least one of the firms that called up the European Commission to complain about Apple (NASDAQ:AAPL) and its Apple Pay offering pushing the competition ministry to pursue possible anti-trust violations, according to a report in Bloomberg. This is not the first… Read More

April 27, 2022 @ 4:39 pm By JD Alois  |  

PayPal (NASDAQ:PYPL), a global payments platform, has reported Q1 numbers of $6.483 billion versus same period last year of $6.033 billion – a 7% growth. Earnings per share (EPS) came in at $0.88 compared to $1.22 in Q1’21. GAAP was pegged at an EPS of… Read More

April 19, 2022 @ 9:49 pm By Omar Faridi  |  

Buy Now, Pay Later (BNPL) is gaining prominence and emerging “as an alternative credit tool for consumers in Australia, with tech-savvy millennials especially using the service,” according to a report from GlobalData, a data and analytics firm. BNPL offers clients with the flexibility or option… Read More

April 7, 2022 @ 11:10 am By JD Alois  |  

Piper Sandler (NYSE: PIPR) has published its 43rd semi-annual Taking Stock With Teens survey which reviews trends and brand preferences from Gen Z (teens) across 44 U.S. states. The spring 2022 survey was conducted from February 16 to March 22 with the most responses from… Read More

April 6, 2022 @ 8:47 pm By Omar Faridi  |  

PayPal (NASDAQ: PYPL) has announced the introduction of the new PayPal Cashback credit card, “issued by Synchrony, which gives customers even more cash back when they shop with PayPal.” With the new card, customers earn “unlimited 3% cash back when paying with PayPal at checkout… Read More

March 12, 2022 @ 2:36 pm By JD Alois  |  

PayPal (NASDAQ:PYPL), a global payments provider that continues to offer a growing amount of Fintech services, says it will block wallets in Russia beginning on March 18th. The news follows an ever-increasing number of financial services firms that have temporarily shut down services or blocked offerings… Read More

March 2, 2022 @ 8:14 am By Omar Faridi  |  

Germany’s banking challenger N26 should be ready for an initial public offering (IPO) by the end of this year, according to co-CEO Maximilian Tayenthal, Maximilian told CNBC that by the end of 2022, N26 should be “structurally IPO-ready,” During an interview with the media outlet… Read More

February 18, 2022 @ 3:53 pm By Omar Faridi  |  

Much has been made of embedded lending during the past couple years. With the COVID-19 crisis shuttering businesses and forcing a major shift to online and all-digital services, you could say that this was inevitable. Now, large Fintechs like Klarna, Stripe and PayPal have shown… Read More

January 7, 2022 @ 9:13 am By JD Alois  |  

Piper Sandler, a financial services firm based in Minneapolis, has surveyed teens for more than 20 years. The company researches trends regarding brand purchases and activities that may aid in discerning the rising or declining popularity of the firms that provide these products. CI recently… Read More

January 5, 2022 @ 7:52 pm By Timothy Li  |  

6 years is an eternity in Fintech and this is my 6th annual Top 10 Fintech Predictions for 2022. 2021 was a great year for Fintech, billion-dollar IPOs, Crypto, NFTs, and the evolution of blockchain technology has taken over the globe. BigTech are all basically… Read More

January 5, 2022 @ 6:41 pm By JD Alois  |  

Ian Miles Cheong, an independent journalist who is active on Twitter and writes for the Post Millennial, has been banned by PayPal (NASDAQ:PYPL), allegedly due to his political beliefs. Cheong currently has almost 300,000 Twitter followers and frequently comments on current events in the political… Read More

November 19, 2021 @ 9:52 pm By Tony Zerucha  |  

Cashfree Payments, an Indian payments and API banking solutions company, this week launched Token Vault, a tokenized solution enabling merchants to save card network tokens, while staying compliant with Reserve Bank of India (RBI) guidelines. Token Vault also processes payments using tokenized cards as a… Read More

November 17, 2021 @ 8:12 pm By Tony Zerucha  |  

Pine Labs, a merchant commerce platform serving merchants in India and Southeast Asia, today announced a partnership with Standard Chartered Malaysia. Standard Chartered’s customers in Malaysia can now access interest-free installment options on credit cards at any offline point-of-sale system powered by Pine Labs. The… Read More

November 8, 2021 @ 4:38 pm By JD Alois  |  

PayPal (NASDAQ:PYPL) has announced its Q3 earnings results with an EPS beat of $1.11 (non-GAAP) and total payment volume of $310 billion and 416 million accounts. Net revenues were reported at $6.18 billion an increase of 13% versus year prior and net income arrived at… Read More

November 8, 2021 @ 7:01 am By Tony Zerucha  |  

Team8, an Israeli venture group, has a unique recipe for success, its vice president for business development and Fintech Galia Beer Gabel said. A lawyer by training, Beer Gabel moved into a business development role at PayPal where she worked across such emerging markets as… Read More

November 4, 2021 @ 7:45 pm By Tony Zerucha  |  

The TokenPocket app was removed from the App Store this week due to what appears to be a disagreement between the company and payments giant PayPal. In a statement on its website dated Nov. 4, TokenPocket said its app was removed from the App Store… Read More

October 22, 2021 @ 11:26 am By JD Alois  |  

The Consumer Financial Protection Bureau (CFPB) has demanded that big tech, including Fintechs, to hand over information on payments. As everyone knows, payments have gone digital as cash usage declines. While many transactions have migrated to plastic debit and credit cards, today cards are virtual… Read More

October 7, 2021 @ 3:19 pm By Omar Faridi  |  

United and PayPal (NASDAQ: PYPL) revealed that they’ve introduced a new way to carry out touch-free inflight purchases, even in areas that don’t have Wi-Fi. Starting next month, United clients on select flights may simply show a flight attendant the PayPal QR Code in the… Read More