PYMNTS-MonitorEdge-May-2024

PayPal

All around the world, PayPal connects hundreds of millions of people sending and receiving billions of dollars.

To get started with PayPal, link your credit cards, debit cards and bank accounts to your PayPal account. Once they are securely linked, you won’t need to enter this information again. Now you can use PayPal online, in stores, or to send money to a friend. Helping people find better ways to pay, get paid and manage money is at the heart of everything we do.

Source: paypal.com

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PayPal Taps Wells Fargo Veteran Amy Bonitatibus as Chief Corporate Affairs and Communications Officer
PayPal Taps Wells Fargo Veteran Amy Bonitatibus as Chief Corporate Affairs and Communications Officer
March 06, 2024  |  Personnel

PayPal has announced the appointment of its newest chief corporate affairs and communications officer, Amy Bonitatibus. Bonitatibus will begin her new role on May 28,...

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PayPal and Venmo Join TrustCommerce Healthcare Payments Platform
PayPal and Venmo Join TrustCommerce Healthcare Payments Platform
March 06, 2024  |  Healthcare

Healthcare payments firm TrustCommerce added PayPal and Venmo to its U.S. platform. The collaboration, announced Wednesday (March 5) in a press release by PayPal, lets patients use the company and its...

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PayPal Names Cash App, Afterpay Veteran Geoff Seeley Marketing Head
PayPal Names Cash App, Afterpay Veteran Geoff Seeley Marketing Head
February 26, 2024  |  Personnel

PayPal has named former Cash App and Afterpay marketing leader Geoff Seeley as its new chief marketing officer. Seeley will lead the global marketing team...

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Consumers Choose Pay-by-Bank Payments for Lower Fees
Consumers Choose Pay-by-Bank Payments for Lower Fees
February 21, 2024  |  Payment Methods

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...

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PayPal-Backed Rasa Raises $30 Million to Grow Conversational AI Platform
PayPal-Backed Rasa Raises $30 Million to Grow Conversational AI Platform
February 14, 2024  |  Investments

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...

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PayPal Chief Enterprise Services Officer Aaron Karczmer to Leave Company
PayPal Chief Enterprise Services Officer Aaron Karczmer to Leave Company
February 13, 2024  |  Personnel

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...

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Tech Layoffs ‘Become Contagious’ Amid AI Investments
Tech Layoffs ‘Become Contagious’ Amid AI Investments
February 11, 2024  |  artificial intelligence

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...

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Millennials Embrace Connectivity Tools for Seamless Direct Bank Payouts
Millennials Embrace Connectivity Tools for Seamless Direct Bank Payouts
February 08, 2024  |  Payment Methods

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...

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PayPal Explores Offline Payments as DMA Looms
PayPal Explores Offline Payments as DMA Looms
February 08, 2024  |  Payment Methods

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...

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