- November 20, 2023
Apple is reportedly facing a lawsuit filed by four users of Venmo and Cash App.
The lawsuit alleges that Apple has abused its market power in the mobile peer-to-peer payment industry, limiting competition ...
- November 20, 2023
Citi Mobile made moves in this edition of PYMNTS’ Provider Ranking of Credit Card Apps.
Venmo, which was previously No. 1, fell to make room for more competition between Citi Mobile, ...
- November 14, 2023
B2B Software-as-a-Service (SaaS) platform VerityPay has launched with a new pay-by-text tool for businesses.
The new offering lets businesses make payments through text or SMS straight into customers’ digital wallets, such as PayPal and Venmo.
“With VerityPay, ...
- November 14, 2023
Venmo has unveiled a new in-app feature that aims to streamline splitting and managing expenses among groups.
The new Venmo Groups provide users with a convenient way to divide and settle multiple ...
- October 24, 2023
This month in the PYMNTS Provider Ranking of Credit Card Apps we don’t see a lot of movement in terms of rankings, but we do see some score changes. Plus, there is ...
- October 18, 2023
Payments firm InComm has teamed with Venmo to enhance that company’s digital gift card offering.
According to a Wednesday (Oct. 18) news release, the new feature offers eligible Venmo customers personalized ways to mark gifting occasions ...
- October 18, 2023
FinTech Plaid has appointed its first chief financial officer (CFO), a step toward a potential initial public offering (IPO).
Eric Hart, the former CFO of Expedia, has joined the 10-year-old startup, marking ...
- October 18, 2023
Entersekt, a leading provider of authentication solutions, announced Wednesday (Oct. 18) the launch of a fully integrated mobile application authentication solution for financial institutions (FIs), using the Q2 Digital Banking ...
- October 5, 2023
A class-action lawsuit has been filed against PayPal, alleging that the company engages in anti-competitive practices that result in higher prices for consumers during eCommerce transactions.
The lawsuit, filed by Hagens Berman, a global law ...
- October 3, 2023
PayPal Holdings has announced that customers can now add their eligible PayPal and Venmo credit or debit cards to Apple Wallet.
This integration allows users to make payments with a tap of their iPhone or Apple Watch, ...
- September 21, 2023
PYMNTS’ Provider Ranking of Credit Card Apps tracks the ever-changing landscape of credit card mobile applications each month. In the latest edition, ties from last month have parted ways, and ...
- September 20, 2023
PayPal USD (PYUSD) has made its debut on Venmo, offering select users a regulated, dollar-denominated stablecoin that is 100% backed by U.S. dollar deposits, short-term U.S. Treasuries and similar cash equivalents.
This move ...
- September 13, 2023
In today’s fast-paced world, gift-giving has become a convenient and versatile practice. Among the many options available, gift cards have emerged as the go-to choice for many. These small, plastic ...
- August 30, 2023
Hallmark and Venmo say they want to make lost birthday checks a thing of the past.
The greeting card company and the PayPal-owned money transfer service announced Wednesday (Aug. 30) they are collaborating to introduce Hallmark ...
- August 24, 2023
GoFundMe says it has added Venmo as a payment method to speed fundraiser donations.
“Sixty-one percent of donors are most likely to hear about causes through word of mouth from their friends and family, ...
- August 24, 2023
Savings app Shopmium has integrated Venmo into its cash-back redemption offering.
As the Salt Lake City company said in a Thursday (Aug. 24) news release, this means its users can now connect and use ...
- August 23, 2023
Tap to pay has tapped into consumers’ desire for speed at the register and to have some control over checkout — in effect taking the checkout with them no matter ...
- August 18, 2023
As more transactions move online, banks are girding for, and doing battle against, a rising tide of fraud.
As noted in the report “The State of Fraud and Financial Crime in ...
- August 17, 2023
Embracing the ever-evolving terrain of credit card apps, the PYMNTS Provider Ranking of Credit Card Apps stands as your steadfast guide, revealing the ascent of frontrunners and the fluctuations of contenders. As ...
- July 26, 2023
Microsoft says its customers can now use PayPal’s buy now, pay later (BNPL) solution.
That announcement Wednesday (July 26) is part of the tech giant’s expanded partnership with PayPal, with the company’s Pay Later solution now ...
- July 24, 2023
PayPal Holdings has announced the return of the Venmo Small Business Grant.
This second iteration of the grant program will provide 20 small businesses with financial grants of $10,000 each and mentorship on ...
- June 16, 2023
A quartet of Senate Democrats want Venmo and Cash App to offer better fraud protection.
The four senators — Sherrod Brown of Ohio, Elizabeth Warren of Massachusetts, Jack Reed of Rhode ...
- May 22, 2023
The quest to tap into teen spending took a step forward with the launch of the Venmo Teen Account, which also comes with a Venmo Teen Debit Card.
The new Venmo ...
- May 8, 2023
PayPal’s latest earnings results show users are transacting more often, and buy now, pay later is increasingly embraced at checkout.
The company’s earnings materials show that it ended the quarter with ...
- May 1, 2023
Vera Equity has launched with a $20 million fund focused on early-stage FinTech companies.
The new venture capital (VC) firm has invested in 20 FinTech startups to date, Vera Equity said ...
- April 28, 2023
Venmo will soon enable its customers to transfer cryptocurrency.
With a new feature that will be rolled out beginning in May, Venmo customers will be able to transfer crypto to other ...
- April 11, 2023
Call it peer-to-peer or person-to-person, but P2P is taking on new significance in a troubled economy where splitting the restaurant bill or lending your friend a few dollars is a ...
- April 11, 2023
We’ve all done this dance.
You want to send money to another person — you have a Venmo account, but they don’t. They have a PayPal account, but you don’t. Your ...
- April 4, 2023
Online merchants have long used PayPal and Venmo to drive checkouts.
But in the current macro environment, for smaller online sellers to move beyond the “small to mid-sized” designation — in ...
- March 7, 2023
Spreedly has teamed with PayPal to give customers more ways to pay.
The new integration, announced by the payments orchestration platform Tuesday (March 7) lets users make payments via PayPal’s Venmo, ...
- January 11, 2023
The new tax rules have been delayed — and nothing’s certain — so P2P will continue to be a gig economy mainstay.
And amid the uncertainty, P2P may be the go-to ...
- November 24, 2022
By many accounts, we’re living during a golden age of philanthropy and charitable giving.
Urged on by Bill Gates and Warren Buffet, 236 of the world’s wealthiest individuals have agreed to ...
- November 22, 2022
With Americans preparing to enter a holiday shopping season they might not be able to afford, Venmo has debuted a pair of tools it says are designed to help consumers ...
- November 3, 2022
PayPal’s users are still engaged, but spending is clearly slowing.
But even as PayPal, like other firms, is not immune to macro headwinds and inflation’s dampening effect on consumer spending, its ...
- October 25, 2022
Online shoppers can now pay for their Amazon purchases though their Venmo accounts thanks to a new partnership announced Tuesday (Oct 25).
Both Venmo and Amazon released joint statements announcing the ...
- September 19, 2022
The corner bank branch — the brick-and-mortar kind — may be giving way to a digital one embedded in our phones.
We’re seeing the rise of banking done electronically, 24/7, on ...
- August 12, 2022
The number of merchants who accept cryptocurrency payments in some form is high, but far and away the most common source of those payments are digital wallets like PayPal and ...
- August 2, 2022
PayPal’s most recent earnings results spotlight the continued digital shift, as active user counts eclipsed pre-pandemic levels.
And buy now, pay later (BNPL) volumes surged by triple-digit percentages.
PayPal’s active ...
- July 28, 2022
A new grant program offered by PayPal will provide financial and mentorship support to 20 new and existing Venmo Business Profile users.
Each of the 20 businesses selected will receive a $10,000 grant that ...
- July 12, 2022
Peer-to-peer (P2P) transactions between bank accounts are gaining in popularity, evidenced by the triple-digit percentage gains in Zelle and Venmo volumes, due in part to faster payment rails.
The flip side ...
