Search for: "Venmo, Inc."
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16 Apr 2021, 8:43 am
Visa’s Incentives to Banks Examined In Justice Department ProbeBloomberg Law – April 8, 2021 (subscription required) The U.S. antitrust investigation of Visa Inc. is scrutinizing deals the company has with banks to entice them to process more online debit-card transactions over its network — spending that surged amid coronavirus lockdowns. [read post]
18 Feb 2021, 9:15 am
Citi Loses Bid to Recoup Massive Mistake in Surprise RulingBloomberg Law – February 16, 2021 Citigroup Inc. unexpectedly lost a legal battle to recover half a billion dollars it sent Revlon Inc. lenders, after the embarrassing blunder forced it to answer to regulators and tighten its internal controls. [read post]
11 Feb 2021, 8:10 am
PayPal Says App Venmo Being Investigated by U.S. [read post]
21 Jan 2021, 9:06 am
., known as SWBC, will use Mastercard Inc. [read post]
14 Jan 2021, 9:14 am
Supreme Court issued its hotly anticipated judgment dismissing MasterCard Inc. [read post]
25 Nov 2020, 9:42 am
Plaid Inc and Evans v. [read post]
5 Nov 2020, 7:35 am
Plaid provides the technological infrastructure underpinning an array of next-generation financial apps, including Venmo, the digital money-transfer service owned by PayPal Holdings Inc. [read post]
29 Oct 2020, 7:36 am
Venmo, Square Cash, and PayPal Give the QR Code a Second LifeForbes – October 27, 2020 My journey with QR codes in payments began in 2012 when I led the digital wallet efforts at Bank of America. [read post]
22 Oct 2020, 7:06 am
Plaid’s software includes helping popular apps like Venmo, Coinbase, Square and Stripe access bank and credit card info, and the company says they “have been working with TD for quite some time, and are disappointed that they resorted to litigation and false allegations. [read post]
8 Oct 2020, 8:56 am
Legal and Regulatory Developments SPOTLIGHT: House Panel Says Big Tech Wields Monopoly PowerWall Street Journal – October 6, 2020 America’s biggest technology companies have leveraged their dominance to stamp out competition and stifle innovation, according to a Democratic-led House panel, which said Congress should consider forcing the tech giants to separate their dominant online platforms from other business lines. [read post]
13 Aug 2020, 6:59 am
Legal and Regulatory Developments SPOTLIGHT: With a Compliance Deadline Looming, Technology Emerges to Ease Gas Pump EMVDigital Transactions News – August 7, 2020 Sound Payments Inc., a multichannel technology provider that offers point-of-sale solutions for the petroleum industry, expects its partnership with National Retail Solutions, a subsidiary of IDT Corp., to accelerate adoption of EMV at in-pump card readers among independent gas stations and convenience stores. [read post]
16 Jul 2020, 9:23 am
Digital Transactions News – July 15, 2020 With the expiration of a major agreement with PayPal Holdings Inc. just a few days away, eBay Inc. is charting a new course in payments. [read post]
16 Jul 2020, 6:29 am
Consumer Financial Protection Bureau, asking the court to put an end to PayPal, Inc. [read post]
9 Jul 2020, 7:24 am
Technology giants like Amazon.com Inc. and Google parent Alphabet Inc. are also increasingly offering financial services. [read post]
2 Jul 2020, 8:40 am
Fintech Startup Plaid, Inc. [read post]
7 May 2020, 8:02 am
Venmo Users Say Plaid Secretly Sold Bank Account InfoLaw360 – May 5, 2020 (subscription required) Plaid Inc., a financial technology startup whose software connects users’ bank accounts to apps like Venmo and Stripe, has been accessing and selling the app customers’ personal banking data without their consent, according to a proposed class action filed in California federal court. [read post]
16 Apr 2020, 7:56 am
The Treasury Department may even let people who don’t have bank accounts receive their coronavirus relief checks via mobile-payment services like Venmo. [read post]
19 Dec 2019, 10:09 am
The app is owned by major Wall Street banks and competes directly with Venmo. [read post]
21 Aug 2019, 6:02 am
Industry Developments SPOTLIGHT: Big Banks Line Up Against Small Institutions in Faster Payments WarsThe Financial Brand – August 21, 2019 Both consumers and businesses want payments to be faster and simpler — witness on the consumer side the boom in the use of Zelle, Venmo and other services. [read post]
14 Aug 2019, 4:34 am
PayPal on Monday announced its latest instant-transfer service, this one allowing Venmo users to move funds in minutes to their bank accounts. [read post]
