British consumers are increasingly embracing buy now, pay later (BNPL) plans amid increasing government scrutiny. Activity in the sector climbed to around $27 billion in 2024 last year, an almost 20% increase, Bloomberg News reported Thursday (Jan. 16), citing figures from GlobalData. It’s a boom being...
Money movement platform Thunes says it has added PayPal’s Hyperwallet to its Direct Global Network. With this movement, Hyperwallet customers can send money in real time to more than 450 million mobile wallets and bank accounts across Bangladesh, Indonesia, Malaysia, Philippines, South Korea, and Vietnam, Thunes announced Tuesday (Jan. 14). “With...
Digital lender FV Bank is expanding its stablecoin capabilities via a partnership with PayPal. The bank announced Thursday (Jan. 9) that it was integrating PayPal’s stablecoin PayPal USD (PYUSD) for direct deposits and outbound payments. This feature, which is now live for account holders, allows...
FinTechs are reportedly boosting marketing in bigger cities to attract a wider customer base. In the last three years, ad spending by these companies has climbed by more than 45% on average, Bloomberg News reported Sunday (Jan. 5). The 45% figure, the report said, comes...
December 30, 2024
One-click checkout solutions top the wish list of U.S. online merchants when it comes to checkout and payment technologies. Forty-five percent of these merchants have asked their payment service providers (PSPs) to provide this technology, viewing it as a way to increase conversion rates, according to the PYMNTS Intelligence and Mastercard collaboration, “The Role of […]
November 14, 2024
The payment and commerce platforms PayPal, Shopify and Block have long been developing ecosystems for merchants. For the small to mid-sized businesses, signing on to some services (such as payments...
October 29, 2024
With its transaction growth rates slowing and less-than-expected revenue guidance for the balance of the year, PayPal focused on its repositioning from a peer-to-peer pioneer to a two-sided payments technology...
October 07, 2024
The CE 100 Index slipped 0.6% as October’s first few days of trading brought investors firmly into the fourth quarter while reversing some of the gains seen in the past...
January 16, 2025
Latin American InsurTech Olé Life has raised $13 million with the help of PayPal Ventures. The Series B funding, announced Thursday (Jan. 16), will allow Olé to boost its growth across Latin America by establishing local operations in key markets and introducing new products beyond life insurance. “As the first fully digital life insurance product […]
January 16, 2025
British consumers are increasingly embracing buy now, pay later (BNPL) plans amid increasing government scrutiny. Activity in the sector climbed to around $27 billion in 2024 last year, an almost...
January 14, 2025
Money movement platform Thunes says it has added PayPal’s Hyperwallet to its Direct Global Network. With this movement, Hyperwallet customers can send money in real time to more than 450 million mobile wallets and bank...
January 09, 2025
Digital lender FV Bank is expanding its stablecoin capabilities via a partnership with PayPal. The bank announced Thursday (Jan. 9) that it was integrating PayPal’s stablecoin PayPal USD (PYUSD) for...
