Post Tagged with: "PayPal"

Zelle Will Put Customers Back in Banks’ Hands, PNC CEO Says

Zelle Will Put Customers Back in Banks’ Hands, PNC CEO Says

by January 19, 2017 at 11:14 am 0 comments

Zelle, the peer-to-peer payments platform formerly known as clearXchange, will put customers back in banks’ hands, PNC CEO Bill Demchak said Friday. P2P has been a notable success of nonbank players such as PayPal, which offers a host of consumer-facing payments products, perhaps most notably Venmo. In October, PayPal CEORead More

Braintree CTO to Do Fireside Chat at Bank Innovation 2017

Braintree CTO to Do Fireside Chat at Bank Innovation 2017

by January 6, 2017 at 12:41 pm 1 comment

Juan Benitez, general manager and chief technology officer of Braintree, a PayPal subsidiary, will participate in a fireside chat at Bank Innovation 2017. Bank Innovation 2017, March 6-7 in San Jose, Calif., will feature dozens of speakers on investing in innovation, chatbots, open banking ecosystems, blockchain and more. Benitez has been CTORead More

PayPal’s Partnership Frenzy Continues with Citi, FIS Deals

PayPal’s Partnership Frenzy Continues with Citi, FIS Deals

by December 15, 2016 at 4:22 pm 2 comments

PayPal is partnering with financial technology provider FIS and Citigroup in order to provide better, faster, stronger digital payments to all users involved—financial institutions, payment processors, and banking customers, it was announced today. “It’s great that our clients can now extend this capability to their customers through PayPal,” says DougRead More

Insto Targets Installment Loans for Large P2P Payments

Insto Targets Installment Loans for Large P2P Payments

by December 15, 2016 at 11:35 am 1 comment

Getting an installment loan for high-value transactions at the point of sale is nothing new. Venmoing (yes, it’s a verb now) a friend for your share of last night’s pizza is not a big deal either. But what if instead of a pizza, you need to pay someone for aRead More

PayPal Launches Mobile App for Small Businesses

PayPal Launches Mobile App for Small Businesses

by December 1, 2016 at 12:06 pm 1 comment

PayPal is giving its merchant-clients an upgrade. This week the company launched PayPal Business app, which allows merchants to to create and send invoices, manage account activity, withdraw funds, issue refunds, send payment reminders, view and edit customer information, said Arnold Goldberg, PayPal’s VP of merchant product and technology, inRead More

PayPal Adds Ability to Pay with Siri — But Not iMessage [VIDEO]

PayPal Adds Ability to Pay with Siri — But Not iMessage [VIDEO]

by November 10, 2016 at 5:05 pm 1 comment

PayPal is joining the platform party on iOS. In September, Venmo — along with Circle, neobank Monzo, and Square Cash — took advantage of the platformization of Siri and iMessage and tied their services into the voice and text-based mediums. Today, PayPal added the ability to send and receive moneyRead More

Top 20 Bank Video Ads of 2016 — Page 2

Top 20 Bank Video Ads of 2016 — Page 2

by November 1, 2016 at 10:25 am 0 comments

15. Soccer/football fan or not, by the end of HSBC’s digital banking video you’ll want to help this girl find her one missing football sticker yourself–of course, it helps if your bank service is that fast. 14. Bank of America wants you to #LOVEYOURAPP so much it found (or perhapsRead More

PayPal Swears Off Buying Another Bank [VIDEO]

PayPal Swears Off Buying Another Bank [VIDEO]

by October 27, 2016 at 9:33 am 0 comments

PayPal will not buy another bank, and specifically not one in the United States. So declared Dan Schulman, CEO of the payments company, this week. This despite the fact that PayPal Inc. has about $6 billion of cash on its balance sheet. “We are a bank in Europe; we are largeRead More

Digital Wallets Are on the Rise, But Consumers Still Don’t See the Value

Digital Wallets Are on the Rise, But Consumers Still Don’t See the Value

by October 21, 2016 at 12:08 pm 1 comment

Digital wallets are becoming more and more prevalent in the fintech world, but according to a recent survey of 9,600 by Market Force Information, they are not gaining much ground with the average consumer. “Consumers are actually questioning the value [of digital wallets],” said Cheryl Flink, chief strategy officer for Market Force.Read More

PayPal Partners Up to Fuel 3Q Growth

PayPal Partners Up to Fuel 3Q Growth

by October 21, 2016 at 10:23 am 1 comment

PayPal continued steady growth this quarter, reaching 192 million active users and 30 transactions per user. It also recorded $87 billion on 1.5 billion total transactions. Venmo accounted for $4.9 billion of that, and mobile accounted for approximately 30% of PayPal’s total transactions. That 192 million, by the way, counts 177Read More