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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.
Payments giant PayPal has announced an agreement to acquire Honey Science Corporation, a fast-growing shopping and rewards platform, for approximately $4bn. Honey will be integrated...
On the back of having raised a $85m fund, the founders of venture capital firm Luge Capital are ready to help Canadian FinTech startups thrive.
Thousands of performers on pornography website PornHub have reportedly been cut off from using PayPal’s services.
Social media giant Facebook is strengthening its push into the FinTech space by announcing the launch of Facebook Pay, a new way to shop, donate and transfer cash across Facebook, Messenger, Instagram and WhatsApp.
Paymentus, the payments company, has announced a new partnership with Amazon Pay, which will see the giant join its growing payment network alongside PayPal.
Mark Zuckerberg endured a serious grilling this week as lawmakers around the world continue to express their concerns about Libra. The Facebook CEO did not...
Hot on the heels of its announcement about a new transfer service, Venmo has unveiled its first-ever credit card.
Things are not looking stellar for Libra as several backers have pulled out of the cryptocurrency project as the regulatory pressure against it is mounting.