Search Results for: PayPal
PayPal pays $7.7m in US sanctions case
March 27th, 2015
PayPal has agreed to pay $7.7 million to settle charges from the US Treasury that lax screening technology saw the firm violate multiple sanctions programmes. According to a Treasury statement, over several years up until 2013, PayPal processed 486 ...
PayPal: Cyber fraud offences
January 3rd, 2015
A 22-year old man connected with the notorious Lizard Squad group of hackers has been arrested by Thames Valley police on suspicion of a series of PayPal-related fraud offences. The South East Regional Organised Crime Unit says the arrest ...
Bitcoin on PayPal
September 24th, 2014
PayPal announced a monumental partnership that will likely play a large part in the adoption of bitcoin throughout the world. The company has partnered with BitPay, Coinbase, and GoCoin to provide bitcoin support to the millions of PayPal users. ...
PayPal co-founder Levchin, Affirm want to disrupt credit biz
August 5th, 2014
If you’ve got your eye on a purchase that your credit score says you can’t quite afford, Max Levchin may be able to help. After a brief stint as a Google executive, the PayPal co-founder is back in the ...
PayPal targets UK small businesses for cash advances
July 24th, 2014
Online payments firm PayPal is to start advancing cash to UK small businesses, the company has announced. The PayPal Working Capital fund is due to launch later this year, the firm said. The eBay-owned company said it would only ...
Flaw found in PayPal two-step security
June 26th, 2014
Researchers have discovered a hole in an extra security measure used by PayPal, the eBay-owned payments company, to protect customers’ online accounts. Duo Security, a Michigan-based cyber security company, says its researchers have found a way to bypass so-called ...
Bitcoin’s Intergration to PayPal is under consideration
May 15th, 2014
John Donahoe, CEO of ecommerce giant eBay, said he is actively considering an integration of popular digital currency bitcoin with the company’s payment processing service PayPal. In a Q&A session at the company’s annual shareholder meeting on 13 May, ...
Bitcoin and other cryptos lose steam as summer lull sets in
June 16th, 2021
The bitcoin (BTC-USD) price shot back above $40,000 (£28,346) following sessions of losses, but is treading water as fund managers say the cryptocurrency is in a bubble despite the price crash. According to a Bank of America survey, 81% ...
Cryptocurrencies combined are now worth more than Apple
April 15th, 2021
The cryptocurrency market is now worth more than the world’s most valuable company. It comes after record-breaking price climbs for three of the largest cryptocurrencies on Tuesday, just a day before the initial public offering (IPO) of one of ...
Bitcoin rises as Visa moves to approve crypto USD Coin
March 29th, 2021
Bitcoin prices climbed as much as 3% by late-morning in London on Monday following yet more news of potential mainstream financial adoption of cryptocurrencies by major players. Reuters news agency reported that Visa had said it will allow the ...
