PayPal Crushes Estimates, Posts 25% Sales Gain
“Our record performance in the second quarter — our strongest quarter ever — reaffirms the relevance of PayPal in the unfolding digital future."
Ant Financial Makes Move on Singapore Market
The Chinese electronic payments company has applied for a digital banking license in Singapore as it continues its shift toward overseas markets.
PayPal Pulls Out of Facebook’s Crypto Project
The payments company was reportedly concerned Facebook had not done enough to address the regulatory backlash against the Libra plan.
PayPal Investment Positions It for China Entry
The company will become the first foreign platform to offer digital payment services in China by acquiring 70% of a domestic provider.
Global Payments Agrees to Buy Total System Services
The merger is the latest in a series of deals involving large financial technology firms.
Global Payments Buys ACTIVE Verticals for $1B
"We are adding an enterprise software business operating in two new vertical markets that are highly fragmented."