The trading app plans to fire almost one-quarter of staff to cut costs after a disappointing first half of trading.
Following a 13% YoY increase in payment volume, CEO Dan Schulman said PayPal will focus on core functions, including checkout and digital wallets.
By offering financing for small- and medium-enterprises, it caters to an underserved segment that could help place it on a path to profitability.
Barclays, NatWest, and Lloyds are all exploring possible acquisitions despite market uncertainty.
Educating consumers is the first step toward preventing online fraud. The bank’s Cyber Heroes course is free to the public and promotes online safety.
American Express Global Pay helps meet demand for all-in-one payment solutions as SMBs digitize.
We’ve netted out three trends from earnings results in the US, the UK, and Canada. And it’s not all bad news.
The all-cash deal values Atlanta-based EVO Payments at $4B and can help Global Payments improve its B2B offerings.
The SEC has called out JPMorgan, UBS, and TradeStation for deficient customer identity theft prevention programs, and the CFPB just fined U.S. Bank for opening unwanted new accounts.
Aside from products, the bank markets ‘care, credibility, and trust,’ seeking to bring on customers for life.