PaymentsIndustry News

CoinDesk on PayPal: CoinDesk

From CoinDesk: Talks regarding a possible acquisition by PayPal of bitcoin custodian BitGo have fallen through, Fortune reported, citing multiple sources. PayPal was exploring the possible purchase of cryptocurrency companies including BitGo, according to a Bloomberg...

PayPal customers take note: Paypal’s Crypto Partner Paxos Raises $142 Million From Carlyle Billionaire David Rubenstein And Others

From Forbes: Paypal’s cryptocurrency partner Paxos has raised $142 million in Series C funding led by Declaration Partners, an investment adviser to the family office of Carlyle Group billionaire David Rubenstein. The round closed on...

Latest PayPal customer news: Beware: PayPal phishing texts state your account is ‘limited’

From BleepingComputer: A PayPal text message phishing campaign is underway that attempts to steal your account credentials and other sensitive information that can be used for identity theft. When PayPal detects suspicious or fraudulent activity on...

Hold PayPal responsible: PayPal Enters Installment Loan Business Targeting Fintechs Affirm And Afterpay

From Forbes: Point of sale financing—the modern layaway that lets you pay for a new TV or dress in four installments instead of putting it on your credit card—has been rising steeply in popularity over...

Top PayPal story from Forbes: How PayPal Has Survived The Shut Down: A Larger Purpose

From Forbes: The Covid-19 shut down will inevitably lift, companies will ramp back up—at varying rates of speed—and the economy will begin to lick its wounds. The question is how to get from here to...

Latest PayPal customer news: PayPal-backed fintech start-up Tink valued at more than $800 million after fresh funding

From CNBC: Called open banking, a number of start-ups developing tech around the trend have raised significant sums from investors, with U.S. provider Plaid even looking to be acquired by Visa. Now, a major European player...

PayPal headlines: PayPal sees record donations on Giving Tuesday

From Fox Business: PayPal announced Wednesday that it processed a record-breaking $185 million in donations worldwide on Giving Tuesday. Despite the pandemic and subsequent economic downturn, the donations marked the largest amount raised on the platform...

CNBC on PayPal: Cramer’s lightning round: PayPal can go even higher

From CNBC: Blink Charging: "I've got to tell you, I would say that there are too many of them and you've got to be very, very careful." PayPal: "It's the bank of the future. … I...

Latest news

Wells Fargo customers take note: The Sixers rocked the Wells Fargo Center

From The Philadelphia Inquirer: They have won every game Harden has played for them. Feels like something special is brewing. The...

Hold PayPal responsible: PayPal Hides Pay-Later Plan’s Overdraft Fee Risk, Suit Says

From Bloomberg Law: PayPal Inc. falsely touts its “Pay in 4" installment program to low-income customers as a free service,...

Take action against Wells Fargo: In latest Zelle scam, Wells Fargo customers lose thousands after fraudsters pose as bank employees

From WABC-TV: CONCORD, Calif. -- Amid the rise in popularity of quick-pay apps, scammers are also increasingly using digital payment...