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NYDFS reached a $2 million settlement with PayPal over a December 2022 cybersecurity incident that exposed unmasked consumer data, including Social Security numbers, in Form 1099-Ks. Violations includ...

FTC Chairman sent warning letters to PayPal, Stripe, Visa, and Mastercard against 'debanking' customers based on political or religious views, citing a Trump Executive Order and threatening FTC invest...

PayPal launched Tap to Pay on Android for U.S. merchants through its Venmo and Zettle apps, enabling contactless payment acceptance without additional hardware. This embedded finance capability allows...

PayPal expanded its Instant Transfer feature enabling users to move PayPal balances to U.S. bank accounts or debit cards within 30 minutes, leveraging JPMorgan Chase and The Clearing House's Real Time...

PayPal collaborated with Bold Commerce to enable headless commerce checkouts for PayPal's 430 million users. The integration supports PayPal, Venmo, Pay Later, and card payments. This partnership exte...

PayPal announced an all-cash acquisition of Stockholm-based payments startup iZettle for $2.2 billion to bolster its point-of-sale capabilities. The deal positioned PayPal to compete more directly wit...

Modulr, a UK-based Payments as a Service API platform, received a £9 million investment from PayPal Ventures. The funding will support product development, team expansion, and customer growth across l...

PayPal expanded its partnership with Adyen to enable Adyen's U.S. enterprise and marketplace customers to offer PayPal's Fastlane guest checkout tool. The deal builds on prior integrations including P...

Facebook launched Facebook Pay, a unified payment experience across Facebook, Messenger, Instagram, and WhatsApp, processing payments via partnerships with Stripe and PayPal. The launch came shortly a...

Bloomberg reported that Stripe, valued at $159 billion, is considering acquiring PayPal or select assets including its consumer wallet and Venmo. The potential deal would be the largest fintech M&A tr...

Rainforest launched an embedded PayPal integration enabling vertical SaaS platforms to offer PayPal, Venmo, and PayPal Pay Later at checkout. The partnership streamlines payment acceptance for softwar...

Brex expanded its instant payouts service to merchants using PayPal, Square, and Stripe, enabling immediate access to earnings for a fee. Previously the feature was limited to Amazon and Shopify users...

PayPal Ventures made a strategic investment in Neon, a Brazilian digital banking fintech. The investment strengthens PayPal's presence in the fast-growing Latin American fintech market. Neon offers di...

PayPal applied for a Utah-chartered Industrial Loan Company (ILC) bank to fund small business lending and offer interest-bearing savings accounts. The move would reduce PayPal's reliance on third-part...

PayPal, Square, and Intuit were approved by the SBA as direct lenders under the Paycheck Protection Program (PPP) for coronavirus relief. This marked a significant moment in fintech-bank convergence, ...