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PayPal Earnings and Outlook Lead CE100 Lower as Payment Firms Face Slowdown

PayPal Earnings and Outlook Lead CE100 Lower as Payment Firms Face Slowdown
PayPal Earnings and Outlook Lead CE100 Lower as Payment Firms Face Slowdown
November 07, 2022  |  Investments

Friday’s rally, where the broader indices were up more than 1.1%, was not enough to salvage a rocky week, as earnings continue to dominate. Get...

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Lawmakers Struggle to Balance Risk Reward of Crypto Regulation
Lawmakers Struggle to Balance Risk Reward of Crypto Regulation
November 07, 2022  |  Blockchain

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Virtual Cards Bring Relief to B2B Healthcare Payments
Virtual Cards Bring Relief to B2B Healthcare Payments
November 07, 2022  |  Payment Methods

As the focus on improving commercial payment flows in healthcare intensifies, virtual cards are increasingly being tasked with taking up the slack while being pitted...

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Instant and Automated Payments Make Tempting Targets for Fraud
Instant and Automated Payments Make Tempting Targets for Fraud
November 07, 2022  |  Security & Fraud

Faster B2B payments, back-office automation and alternative payments are all advancing rapidly, but these advances are creating new opportunities for fraudsters, so expect the innovation...

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Meta Reportedly Preparing to Lay Off Thousands
Meta Reportedly Preparing to Lay Off Thousands
November 06, 2022  |  Meta

Facebook owner Meta is reportedly set to begin massive layoffs this week, a first at that scale in the company’s history and the latest in...

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Virgin Money Accredited Under UK’s General Export Facility Program
Virgin Money Accredited Under UK’s General Export Facility Program
November 06, 2022  |  emea

Financial service firm Virgin Money has joined the English government’s General Export Facility (GEF), opening up access to financial support to the company’s business clients...

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India’s Udaan Announces Layoffs in Wake of $120M Fundraise
India’s Udaan Announces Layoffs in Wake of $120M Fundraise
November 06, 2022  |  eCommerce

One week after raising $120 million, Indian B2B eCommerce firm Udaan is laying off at least 350 workers in a bid to reach profitability and...

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Twitter: $8 Verification On Hold Until After Midterms
Twitter: $8 Verification On Hold Until After Midterms
November 06, 2022  |  Subscriptions

Twitter will hold off on a new system that charges subscribers $7.99 a month for verification until after the midterm elections. Get the Full Story...

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Walmart’s Flipkart Slows Hiring in Face of Strict Competition
Walmart’s Flipkart Slows Hiring in Face of Strict Competition
November 06, 2022  |  Walmart

Flipkart, the Walmart-owned Indian eCommerce company, is ending its string of acquisitions and slowing its hiring as it deals with tough competition from Amazon and...

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