Paypal
Corporate vs. Startups in FinTech: Reps from PayPal, Deutsche Bank, FinLeap and Number26 Take Their Stands at Heureka 2015
At the end of the key FinTech talk at Heureka 2015, FinLeap Venture Partner Nasir Zubairi had just one question for the audience: Who can build better FinTech solutions – startups, banks, or a collaboration between the two? Most hands went up in favor of startups or collaboration – and,
PayPal Gears Up with Deep Learning to Fight Cybercrime
Technological advancement is, for the most part, a wonderful thing. But as technology becomes more sophisticated, so does crime. Thankfully however, so do the methods to counter such menaces. Hui Wang is the senior director of global risk sciences at PayPal. For the last 11 years, she has seen the
Nigeria Follows South Africa as Second Largest Market for Paypal in Africa
PayPal launched its services in Nigeria about an year back and it is already its second largest market in Africa. Malvina Goldfield, Head of business development, sub-Saharan Africa at PayPal exalting over the achievement told ITWeb Africa that “We are very happy to see that PayPal has been widely welcomed
PayPal Announces Acquisition of Israeli Security Startup CyActive
Following its acquisition of Braintree and Paydiant, PayPal has now announced that it is acquiring predictive cyber security company CyActive. Israel based start-up CyActive is just an year old is already getting a lot of attention from investors like SFS, VC and the venture capital unit at Siemens. CyActive has
PayPal Announces Acquisition of Payments Startup Paydiant
With Apple and Google making headway with mobile payment solutions, PayPal is now entering the league following its announcement to acquire mobile payments platform Paydiant. While the name doesn’t ring a bell immediately, Wellesley, Mass based Paydiant has been the driving force behind mobile payments for companies like Subway, Harris
PayPal and eBay Initiate First round of Layoffs
Following the eBay, PayPal division, the first round of layoffs has begun. They had announced a 7 percent cut in workforce last month spreading across various departments. John Donahoe president and CEO of ebay Inc had said, “We plan to reduce our workforce globally by approximately 2,400 positions, across eBay
Crimea Cut off by PayPal and Google Play, MasterCard Lifts Block in Cuba
Following Russia’s annexation of Crimea last year, tech companies are blocking transactions in the region, upholding the U.S. sanctions on Crimea. These blocks have been brought about to exert pressure on Russia which is in conflict with Ukraine over Crimea. Both the U.S. and Europe support Ukraine in the conflict.
Employees to Be Laid off Ahead of eBay and PayPal Split
eBay, one of the largest e-commerce companies has announced a spinoff from its payments service PayPal. Ahead of this move they plan to cut about 7 percent of its staff spreading across various departments. John Donahoe president and CEO of ebay Inc said, “We plan to reduce our workforce globally
