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Venmo

FintechNews RoundupUSA
·Apr. 16, 2020

Mobile Banking Skyrockets Up to 85 Percent in Some Global Markets

2019 was a banner year for mobile banking with finance apps accessed more than one trillion times and registrations growing...
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FintechNews RoundupUSA
·May. 7, 2020

New Study Says Midsize Banks Should be Using More Email

A new study by J.D. Power says midsize banks should be using email a lot more when communicating with customers;...
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FintechNews RoundupUSA
·Mar. 25, 2019

P2P Payments Held to Drive Engagement at Banks

According to new research by American Banker almost two thirds of banks are in the process of implementing p2p payments;...
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FintechNews RoundupUSA
·Jan. 31, 2020

PayPal Continues to See Success with Venmo

Venmo continues to pay dividends for PayPal with the p2p payments app growing payments volume by 56 percent in the...
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FintechNews RoundupUSA
·Apr. 25, 2019

PayPal Reveals Venmo Has 40 Million Active Accounts

In their first quarter earnings call yesterday PayPal revealed the scale of Venmo for the first time; in the past...
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EuropeFintechUSA
·Jun. 23, 2020

More News for June 23rd, 2020

Why Relationships Still Matter: How Community Banks Saved The Country During Covid-19 Republic’s First Three Real Estate Offerings Have Already...
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Peer to Peer Lending
·Jun. 13, 2018

New Technologies and New Customer Experiences Drive Banking Today

The discussion at American Banker’s annual Digital Banking Conference in Austin last week revolved around new technologies like AI and...
Read Full Story
FintechNews RoundupUSA
·Apr. 1, 2020

Payments Apps Reach out to Government to Help Distribute Stimulus

Square’s Cash App, PayPal’s Venmo and Zelle have all reached out to the government to lend a hand in getting...
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FintechNews RoundupUSA
·Apr. 4, 2017

PayPal in Court Case Involving Venmo

Shareholders of PayPal have sued firm directors implying that management falsified statements in quarterly reporting related to Venmo; as a subsidiary of PayPal, Venmo's business activities influence the overall results of the firm; in 2016 Venmo was investigated for unfair and deceptive practices resulting in a fine and ongoing investigations with the FTC; shareholders are arguing that PayPal did not properly disclose and inform shareholders of the implications of the investigations which led to shareholder losses of approximately 15%.  Source

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FintechUSA
·Jun. 19, 2020

Square and Venmo Continue to do Well During the Pandemic

Square’s Cash App and PayPal’s Venmo has seen a surge in usage during the pandemic as people are finding new...
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