PayPal earnings soar on e-commerce boom
PayPal on Wednesday reported record quarterly profit as the online financial transactions service benefited from an e-commerce trend boosted by the pandemic.
May 6, 2021
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Business
News tagged with digital payments
Business
Venmo launching crypto feature to buy and sell Bitcoin, other digital currency
A new feature coming to Venmo is making it easier for users to claim a stake in cryptocurrencies like Bitcoin.
Apr 20, 2021
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Business
Do China tech giants pose a risk for European banks?
China's Ant group may have been dealt a setback with the shelving of its IPO but European banks remain wary that Chinese tech giants may soon be their main competitors.
Nov 22, 2020
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Business
Apple and Google pull 'Fortnite' from mobile app shops (Update)
Apple and Google on Thursday pulled video game sensation Fortnite from their mobile app shops after its maker Epic Games released an update that dodges revenue sharing with the tech giants.
Aug 13, 2020
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Business
Brazil suspends WhatsApp digital payments
Brazil's central bank said Tuesday it had ordered Visa and Mastercard to suspend a joint project with WhatsApp to roll out digital payments within the popular messaging service, over fears it would be anti-competitive.
Jun 24, 2020
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Business
EU authorities open two Apple antitrust investigations
European Union regulators began two antitrust investigations on Tuesday into Apple's mobile app store and payment platform over concerns its practices distort competition, opening a new front in the EU's battle against the ...
Jun 16, 2020
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Business
Google, Gates Foundation join digital payments initiative
A new nonprofit charity unveiled plans Wednesday to promote digital payments for people outside the financial system, with support from Google and the Bill & Melinda Gates Foundation.
May 6, 2020
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Business
Group behind Facebook's Libra coin announces 21 founding members
The Libra Association, created by Facebook to launch its new cryptocurrency, has announced its 21 founding members after defections by previous supporters including Visa and Mastercard.
Oct 15, 2019
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Business
Group behind Facebook's Libra coin push meet in Geneva
The Libra Association, created by Facebook to launch its new cryptocurrency, kicked off its first council meeting in Geneva on Monday, despite defections by previous supporters like Visa and Mastercard.
Oct 14, 2019
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Business
More companies back away from Facebook's Libra coin
Facebook's digital currency alliance lost more companies on Friday amid heavy criticism from regulators around the world on the planned Libra global cryptocurrency.
Oct 12, 2019
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