Post Tagged with: "PayPal"

Circle, Square, and Venmo Tie Into Siri & iMessage

Circle, Square, and Venmo Tie Into Siri & iMessage

by September 20, 2016 at 11:44 am 0 comments

With the launch of iOS 10 on Sept. 13, new payment functionality was enabled for Siri, iOS’s voice-activated virtual assistant, and iMessage, Apple’s text-based messaging platform. The first wave of payments apps on Apple’s newly platformized apps are: Venmo, the P2P payments platform from PayPal; Square Cash, from mobile payments serviceRead More

MasterCard-PayPal Deal Echoes Visa’s ‘Exclusive’ One

MasterCard-PayPal Deal Echoes Visa’s ‘Exclusive’ One

by September 6, 2016 at 1:48 pm 1 comment

Last month it was announced that Visa had made a deal with PayPal, which gave PayPal access to payments via Visa cards at the point of sale, and today it’s finally clear why MasterCard CEO Ajay Banga was confused about the supposed “exclusivity” of the deal—because there isn’t any (unless itRead More

The Fintech Threat Is Real

The Fintech Threat Is Real

by August 30, 2016 at 9:00 am 2 comments

It may come as a surprise to many of us that consumers are generally satisfied with their banking relationships. However, this doesn’t mean that banks have nothing to worry about. Alternative providers and FinTech companies present a double-edged risk to traditional banks. First, there is the eminent danger of aRead More

3 Startups to Watch: Cookies, Blendle, Neighborly

3 Startups to Watch: Cookies, Blendle, Neighborly

by August 17, 2016 at 11:58 am 0 comments

So many startups, so little time. This week, these three fintech startups stand out from the crowd for a variety of reasons: one is the first P2P lending app for Germans (a notably cash-loving country); another is a journalism micropayments platform designed to put readers first; and the last isRead More

Fiserv, PayPal and Square Join Visa Direct Realtime Network

Fiserv, PayPal and Square Join Visa Direct Realtime Network

by August 5, 2016 at 11:50 am 2 comments

The ubiquity of realtime money transfers in the U.S. took a step forward with yesterday’s news that Visa Direct was partnering with such major players as PayPal, Fiserv, and Square. Fiserv became one of the many companies choosing to partner with Visa for faster and more secure payment services, it wasRead More

Top 20 Finance Apps: Chase Mobile vs. Credit Karma

Top 20 Finance Apps: Chase Mobile vs. Credit Karma

by August 4, 2016 at 12:47 pm 3 comments

Chase Mobile and Credit Karma are locked in a struggle to claim the number one slot among finance apps this week, with Chase Mobile topping the iOS charts and Credit Karma emerging as number one for Google Play. PayPal and Wells Fargo Mobile also vied for spots four and five on the lists,Read More

Square Considers Offering Capital to Non-Square Merchants

Square Considers Offering Capital to Non-Square Merchants

by August 4, 2016 at 11:37 am 2 comments

Square Capital may soon be available to non-Square merchants. The payments firm with the famous dongle just reported on a strong quarter and its lending product, Square Capital, played an important role in it. Square put out $189 million in capital on the quarter, an increase of 123% on the year,Read More

MasterCard and Visa Join ClearXchange Realtime Payments Network

MasterCard and Visa Join ClearXchange Realtime Payments Network

by August 2, 2016 at 4:41 pm 7 comments

Realtime has gone prime time with the addition of Visa and MasterCard to the clearXchange payments network. Today, Early Warning, which owns clearXchange, expanded its realtime payments network by adding both the Mastercard Send and Visa Direct platforms, a move that will allow nearly every U.S. debit card holder to send andRead More

Venmo Will Soon Be Larger Than Any Bank P2P Service

Venmo Will Soon Be Larger Than Any Bank P2P Service

by August 1, 2016 at 12:38 pm 6 comments

July’s PayPal earnings call talked quite a bit more about Visa than Venmo, but while the consequences of the Visa deal are still unknown, Venmo’s numbers are already known, and they look great. Specifically, Venmo processed $4 billion in transactions in Q2, compared with $3.2 billion the quarter previous. This isRead More

MasterCard CEO Doesn’t Understand ‘Exclusivity’ of PayPal-Visa Deal

MasterCard CEO Doesn’t Understand ‘Exclusivity’ of PayPal-Visa Deal

by July 29, 2016 at 12:02 pm 1 comment

PayPal and Visa jointly announced a deal last week giving PayPal access to Visa payment rails at the point of sale, and giving Visa cards preferential treatment within the PayPal environment. The deal is exclusive for 12 months, Visa CEO Charlie Scharf noted. The world found out yesterday what that exclusivity means for MasterCard:Read More