Post Tagged with: "payments"
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EBay, PayPal head in different directions with divorce on tap
EBay shares surged more than 15 percent, while PayPal stumbled after eBay said it will stop using PayPal to process its customers’ payments starting in 2020.
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Visa joins other major credit cards in getting rid of signature requirement
Visa will get rid of its signature requirement for cards with EMV chips starting in April, the last of the major credit card companies to do so.
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Apple Pay Cash not part of iOS 11 release on Tuesday, will arrive later this fall
Apple Pay Cash would allow iPhone users to send friends money over iMessages, Apple’s in-house instant messaging service, later in the fall.
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Construction and the cloud: Oracle buying Textura for $663 million
Oracle is buying Textura, a maker of cloud software used to manage construction projects, in a $663 million cash deal. Textura, which is based in Illinois, processes $3.4 billion of […]
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Xoom shares soar after news of PayPal acquisition
Shares of Xoom, the provider of digital money transfers, are zooming about 22 percent higher to $25.29 this morning, a day after PayPal said it is buying the San Francisco […]
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Quoted: JPMorgan’s Jamie Dimon warns of tech’s disruption of banking industry
“Silicon Valley is coming.” — Jamie Dimon, chairman and CEO of JPMorgan, in a letter to shareholders this week. He was warning about startups trying to upend the traditional banking […]
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Apple Pay expands to Bay Area supermarkets
Apple Pay is continuing its steady march to retail stores near you. Modesto-based Save Mart Supermarkets — which operates Save Mart, S-Mart Foods, Lucky, Maxx Value Foods and FoodMaxx — announced on […]
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Snapchat joins Square to offer payments feature
Snapchat, the messaging app that lets users send texts and photos that disappear within seconds, has launched a money transfer feature. Through the new “Snapcash” feature, the app’s millions of […]
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Square raises $100 million for $6 billion valuation
San Francisco payments company Square has raised $100 million from investors, and may be on track to double that. The company, founded and led by CEO Jack Dorsey, who also helped […]
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The Apple effect: on Sprint, PayPal, watchmakers
We’ve rounded up some news about how Apple’s product launches and announcements this week are affecting/may affect other companies: • Sprint shares are up more than 6 percent today, and […]
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