PayPal is letting users link their accounts to the Acorns investment app, and in doing so, the company is gaining greater access to information about user behavior in an age where data is currency and fuels artificial intelligence technology. The Read more
PayPal, which has offered consumer financing since 2008, is selling $6.8 billion in receivables to Synchrony Financial, with which it is expanding its consumer credit relationship. The Wall Street Journal called it a long-awaited deal that will give PayPal significant Read more
Canadians can add cash to their Amazon balance at the post office. Canadian payments provider Payment Source added Amazon Cash to its Loadhub pay-in-person solution, available at Canada Post retail locations. Company CEO Trevor Cook called the offering inclusive, saying Read more
PayPal launched a new solution for marketplaces and ecommerce platforms. A PayPal spokesperson told EcommerceBytes: “PayPal for Marketplaces is a new payments solution designed specifically for marketplaces and crowdfunding platforms where people buy and sell goods and services or raise Read more
Facebook users can now choose PayPal as a funding source when making a payment to a friend inside Facebook Messenger. PayPal made the announcement on Friday and also announced its first customer service bot for Messenger, so PayPal customers can Read more
PayPal appointed a former IBM executive with experience in developing new strategic growth opportunities and and expansion in Africa to its Board of Directors. Rodney C. Adkins is currently President of 3RAM Group LLC, a privately held company specializing in Read more
Square announced it supports Apple Pay for Square Checkout and through its ecommerce API for developers. Square said it makes it easier for buyers and results in higher conversion rates for sellers, citing Apple statistics that show developers who implement Read more
Pitney Bowes published its second annual Parcel Shipping Index, revealing 48% growth in parcel volume globally since 2014, with no sign of slowing down thanks to ecommerce. The report reveals that while China shipped 31 billion parcels in 2016 compared Read more
PayPal CEO Dan Schulman will host a Facebook Live of PayPal’s Tech Expo with the company’s Chief Technology Officer Sri Shivananda to showcase some of its latest innovations. The Technology Expo is annual event where technologists across PayPal convene at Read more
PayPal announced its plans to acquire Swift Financial, a provider of working capital solutions to small businesses. PayPal had jumped into the lending business in 2013 when it launched PayPal Working Capital, after it saw how other businesses such as Read more
