We at PYMNTS like to imagine that while the markets wait, watch and speculate today about the future of PayPal as an independent company, its employees are busily engaged in a company-wide sing-along of Lynyrd Skynyrd’s “Free Bird.” We doubt it, but everyone needs something...
Amazon asked the American people a question this week. “Do we as a people need another Black Friday smack dab in the middle of July?” And the nation – divided as we are on any number of issues – answered back in one voice. “Yes,...
It’s the final countdown for eBay and PayPal today (July 17) as they enjoy their last hours together. From the multitude of voices on yesterday’s (July 16) eBay’s earnings call, one thing was clear: the two companies — ready or not — are poised to move forward separately after...
Tomorrow, the minute before the clock strikes midnight, eBay and PayPal will part ways. But before eBay says farewell to PayPal, the company confirmed the sale of its enterprise unit for $925 million to a consortium of buyers including Sterling Partners, and Permira Funds. Those...
Between the Greek government’s reenactment of “The Boy Who Cried Wolf” by threatening loudly to breakup with the euro (and realizing no one really cares), the Chinese government potentially threatening to breakup with the free market and Reddit breaking up with interim CEO Ellen Pao, you...
Up until recently, if you typed “Greece” and “bitcoin” into Google, you would not get much in return. It’s amazing what a Greek debt crisis will do for search results. Last week, PYMNTS’ Bitcoin Tracker explored how the crisis had given bitcoin a boost — as prices...
While many gallons of ink have been spilled on the magic of mobile in retail, there is actually a one word description that explains much of what mobile can do. Access. While the world of 1995 may not seem like a radically different place when...
JPMorgan will pay $136 million — $11 million more than had been initially anticipated — to settle U.S. state and federal probes into the bank’s practices around the buying and selling of consumer credit card debt. About $50 million of that amount has been earmarked...
The Federal Trade Commission is cracking down on payday loan operators accused of withholding millions of dollars from consumers by keeping them attached to loans that were never authorized, the FTC announced today (July 7). Under terms of a settlement, the FTC has banned Timothy...
