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Seven out of eight gang members have been jailed after defrauding thousands of people through hacking PayPal and BT accounts.
Two startups selected as part of the Village Capital, PayPal and MetLife Foundation-run Finance Forward US 2019 accelerator programme have filled their coffers with additional investment just as the programme drew to a close.
Venture capital Lightspeed Ventures, Founders Fund and PayPal founder Max Levchin's SciFi VC have joined forces to back banking API provider Teller’s new funding round.
In what can be interpreted as an unveiled attempt at throwing shade at PayPal’s latest acquisition, Amazon has warned its users against allowing Honey Science Corporation’s software to run on their devices.
A researcher was rewarded a bounty after finding a massive security bug in PayPal’s login processes.
Having first been announced in November 2019, PayPal has now finalised its acquisition of the rewards and shopping platform Honey Science Corporation.
Payments giant PayPal has acquired a 70% stake in China-based payment gateway GoPay.
Pressure is mounting for PNC Bank after it locked out clients from using bill-splitting app Venmo, but the affair also highlights a the question of whether open banking should be introduced in the US.
E-commerce giant MercadoLibre's credit unit Mercado Credito has strengthened its financial muscles thanks to a $125m loan from investment bank Goldman Sachs.