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The Latest Breaking News from PayPal

Mt. Gox Starts Paying Creditors Via PayPal After Nearly A Decade

In a Reddit thread, several users claimed to have received payments from the now-defunct Bitcoin exchange distributed via Japanese Yen-denominated refund on PayPal.

International Business Times

Exclusive: NY financial regulator approves Paxos expansion to Solana, allowing for its first stablecoin issuance beyond Ethereum

Paxos argues it is taking a more regulated approach to stablecoin issuance than Circle and Tether, its main competitors.

Fortune

Venmo Urged To Protect Users From Scams — Again

Lawmakers called out Venmo and Cash App, once again, over scams and their ability 'to keep customers' money safe.'

Kiplinger

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Elon Musk Net Worth 2024: Top Billionaire Set To Scorch The Wealth Charts

As of Dec. 18, 2023, the net worth of Elon Musk is estimated to be $254.9 billion. And it could scale new heights in 2024.

International Business Times

Is Now the Right Time to Invest in PayPal (PYPL) and 360 Finance (QFIN)?

Sustained demand for consumer finance products and services and rapid digital transformation will create lucrative opportunities for financial service providers. Moreover, financial organizations benefit from a high-interest rate environment. Amid this, let’s determine if it is the right time to invest in financial stocks PayPal (PYPL) and 360 Finance (QFIN).…

StockNews.com

Hidden Profits: The Surprising Power Of Corporate Breakups

Discover the untapped potential of corporate spinoffs on your portfolio

Barchart

Amazon To Quit PayPal's Venmo in January

Amazon.com and Amazon mobile app users won't be able to use Venmo as a payment option starting next month.

Kiplinger

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Amazon will soon stop letting you pay using Venmo

Fourteen months after Amazon added Venmo support, the ecommerce giant has pulled the plug.

TechRadar

‘Bank jackings’ in Chicago see robbers drain victims’ accounts with their phone apps

They grab cellphones and demand pass codes to banking apps like Zelle and Venmo. A Chicago architect who lost more than $2,000 that way says: “Don’t have any banking apps on your phone.”

Chicago Sun-Times

Stocks Settle Higher as AI Optimism Lifts Technology Stocks

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.80%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.48%. Stocks on Thursday posted moderate gains, with the Nasdaq...

Barchart

Ancestry’s CEO on how women can get ahead even when the playing field isn’t level

It’s time to become the beneficiary of your history, Deb Liu says.

Fortune

Another Big IRS Tax Change for Online Sellers

Just in time for the holidays, the IRS is delaying a significant tax 1099-K reporting requirement for 2023.

Kiplinger

Scammers and thieves love Cyber Monday as much as you do

If you're not careful you can easily fall victim to folks who work hard to screw you over. Here are a few things to look out for.

Android Central

Regulators and law enforcement crack down on crypto's bad actors. Congress has yet to take action

While the scandals in the cryptocurrency industry seem to never end, Washington policymakers appear to have little interest in pushing through legislation to codify the structure of the industry

The Independent UK

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Fortune

4 ways to get cash from your credit card when you’re in a bind

Many cards offer the option of withdrawing cash–sometimes even without costly fees. Here are 4 ways to get cash back with a credit card in an emergency.

Barchart

3 Fintech Stocks Wall Street Likes Better Than Upstart

Upstart is wrestling with an uncertain lending environment due to interest rate hikes. But here are three other fintech stocks that are thriving in the current economy.

Fortune

Wells Fargo Autograph Visa Card review: A travel rewards card for the budget-conscious consumer

Our comprehensive review of the Wells Autograph Card’s benefits, welcome bonus and how it compares against competitors.

Barchart

PayPal Has Unusual Call Options Activity Today - Showing PYPL Stock is Too Cheap

PayPal shows unusually large call options activity today. It highlights how cheap PYPL stock is now. Its Q3 adj. free cash flow was very strong, implying PYPL could be worth over 50% more.

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news in one place.

100’s of premium titles.
One news app.

Fortune

Billionaire Citadel founder Ken Griffin says employers won't go the 'extra distance' to keep hybrid workers on the payroll: 'It's an email to all ... and goodbye'

Citadel founder Ken Griffin says managers are less likely to fight for remote and hybrid workers in a layoff process.

The Guardian - AU

I listed boots for sale online and was scammed out of $1,000. It could happen to you

I thought I was tech-savvy enough not to click on links I shouldn’t. But in the end I was too trusting

Kiplinger

Your Favorite Payment Apps May Face Federal Scrutiny

A new payment app proposal would make PayPal, Apple Pay and more abide by some of the same rules as big banks and other financial institutions.

Fortune

How Adyen is trying to avoid a PayPal style slump

Fintech darling Adyen is feeling the heat from PayPal competition and slowing consumer spending.

Zenger

Crypto Analyst Foresees 3900% Boom In Smart Contract Market

Bloomberg crypto analyst Jamie Coutts projected a potential explosion in the market cap of smart contract cryptocurrencies

Barchart

Block vs. PayPal: Which Fintech Stock Is the Better Buy Right Now?

Although both Block and PayPal reported strong third quarter results, Wall Street has higher growth forecasts for one of these fintech stocks, thanks to its potential to drive exceptional growth once the economy improves.

The Independent UK

Bankman-Fried's trial exposed crypto fraud but Congress has not been eager to regulate the industry

The conviction of former cryptocurrency mogul Sam Bankman-Fried for stealing at least $10 billion from customers and investors is the latest black mark for the crypto industry

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