PayPal recently disclosed that they had crossed $10 billion in originations which makes them the leader when it comes to...
Payments companies around the globe have been issuing warnings that their businesses will take a big hit in the coming...
According to the Wall Street Journal, PayPal and bitcoin have been used for funding Islamic terrorist attacks in Indonesia; the virtual payments were reported to be more difficult to track; the Indonesian Financial Transactions Report and Analysis Center says terrorism financing cases have increased in the country from 12 in 2015 to 25 in 2016. Source
In its first Fintech Conference, New York University's Stern School of Business discussed some key topics in the industry including regulations to public policy, equity crowdfunding, marketplace investing and blockchain technology; Dan Schulman, president and CEO of PayPal, was the keynote speaker; panel discussions included, "Marketplace Investing Versus Venture Capital" and "Beyond Blockchain and the Decentralized Autonomous Organization." Source
big techdigital lendingdigital transformationInvestingmega banksOpen Bankingpaytechroboadvisorsuper app
·Google has done it. In a massive update to Google Pay, the company highlighted exactly the direction of travel for high tech, fintech, and the global banks. It has articulated a vision for competing with Apple Pay and Ant Financial. Let's walk through the features.
According to TechCrunch, scammers are using Zelle to take advantage of customers; a seller of a product who is attempting to defraud customers will ask a customer to pay using Zelle instead of PayPal; many users are not aware that Zelle does not provide some of the same buyer protections that PayPal has been known for; Zelle is more similar to Venmo for transferring money to those you trust. Source
While most global stock markets have fallen by 10 percent or more the publicly traded payments companies have all see...
The news this week was dominated by the crypto crash as we heard about layoffs at Coinbase, problems at Celsius and a continued downturn in crypto prices. There was plenty of BNPL news as well.
The list of the Americas’ fastest growing companies highlights 500 businesses and was compiled with the research company Statista; it...
In this week’s PeerIQ Industry Update they cover the increasing likelihood of a recession as forecasts show a 33 percent...