Account-to-account (A2A) payments, also known as pay-by-bank, are gaining popularity among consumers. In the United States, 36% of consumers use this payment method, according to...
PayPal-backed Rasa has raised $30 million in a Series C round to grow its generative conversational artificial intelligence (AI) platform for enterprises. The company aims...
PayPal Executive Vice President and Chief Enterprise Services Officer Aaron Karczmer will leave the company on April 30. The company and Karczmer entered into a...
Tech firms have cut 34,000 jobs so far this year amid new investments in technology. A total of 141 companies have cut staff this year...
Open banking connectivity features are transforming the way consumers receive payouts from merchants, service providers and government agencies. These features allow consumers to link their...
Is PayPal getting ready to offer “offline” payments? The company seems to be indicating a move in that direction as new European Union regulations go into effect for its...
Slowing growth. A churning of inactive accounts. A slew of puts and takes dominated PayPal’s earnings Wednesday (Feb. 7), and a number of flat metrics...
PayPal will eliminate about 2,500 positions, or about 9% of its workforce, this year. The company aims to “right-size” its workforce by cutting jobs and...
The last mile of commerce — specifically, what might be thought of as the last few feet of digital commerce — remains the checkout. For...