Starling CEO Anne Boden. Harry Murphy | Sportsfile for Web Summit via Getty Images AMSTERDAM — The boss of Goldman Sachs-backed digital bank Starling has doubled down on criticisms of crypto, calling ...
Tag: PayPal Holdings Inc
Checkout.com jumps into crypto with stablecoin payments feature
The logo for payments start-up Checkout.com. Checkout.com AMSTERDAM — Online payments company Checkout.com says it will settle payments for its merchants round-the-clock using stablecoins, making it t...
Ethereum could ‘take over everything’, and there won’t be a multi-chain future, says EY’s blockchain leader
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest an...
Buy now, pay later is not a boom, it’s a bubble, Harvard fellow says
Most people love the convenience of buy now, pay later. Since the start of the coronavirus pandemic, installment payments have exploded in popularity along with a general surge in online shopping. Ini...
SoFi stock falls, trading halted after fintech firm accidentally releases Q1 report
Shares of SoFi fell sharply on Tuesday and were halted for nearly three hours after the company accidentally released its first-quarter results early. The company said the report, which was scheduled ...
Klarna to report buy now, pay later data to UK credit bureaus
Buy now, pay later giant Klarna says it will start reporting data on customers’ usage of its products to credit bureaus in the U.K., gearing up for incoming regulations aimed at reining in the s...
Gibraltar unveils new cryptocurrency rules against market manipulation
The overseas British territory wants to become a global hub for crypto firms. Geography Photos | Universal Images Group | Getty Images Gibraltar has unveiled new regulations for the cryptocurrency ind...
PayPal has been cut in half by Wall Street, but ‘uncertainty’ still looms as earnings approach
After losing more than half its value so far this year, PayPal Holdings Inc. still faces ‘uncertainty’ from Wall Street. PayPal PYPL, +2.03% was an investor darling in the early days of the COVID-19 c...
Three reasons this struggling fintech stock may break out of its slump
PayPal tumbled 16% this week, but one top analyst is making a bullish long-term case for the struggling stock. The company’s underperformance follows leadership uncertainty. PayPal’s chief...
Stripe launches crypto payments feature, with Twitter as first client
Illustrative image of two commemorative bitcoins with a green background. Artur Widak | Nurphoto | Getty Images Stripe will allow businesses to pay their users via cryptocurrencies, starting with Twit...
How an Etsy founder feels about e-commerce platform as sellers strike
Executives of Etsy applaud as they open the Nasdaq MarketSite ahead of Etsy’s initial public offering in New York, April 16, 2015. Michael Nagle | Bloomberg | Getty Images In this weekly series,...
JPMorgan, Delta Air Lines, PayPal
The JP Morgan Chase & Co. headquarters, The JP Morgan Chase Tower in Park Avenue, Midtown, Manhattan, New York. Tim Clayton – Corbis | Corbis Sport | Getty Images Check out the companies mak...
Delta, JPMorgan, BlackRock and more
Check out the companies making headlines before the bell: Delta Air Lines (DAL) – Delta rallied 6.6% in the premarket after reporting a smaller-than-expected quarterly loss and predicting a current-qu...
Walmart hires PayPal executive as its chief financial officer
Artur Widak | NurPhoto | Getty Images Walmart said Tuesday that is has hired PayPal executive John Rainey to become its new chief financial officer. Rainey, the chief financial officer of financial te...
Cardano leads rises as largest cryptocurrencies start mixed
The largest cryptocurrencies were mixed during morning trading on Monday, with Cardano ADAUSD seeing the biggest move, rising 2.96% to $1.21. Polkadot DOTUSD led the decreases with a 2.79% drop to $22...
How 9 ‘pandemic plays’ that rallied Monday will respond
CNBC’s Jim Cramer on Monday said that some of the pandemic-era winners that rallied on Monday will be able to hold onto their recovery while others will flounder. “When you see all the so-...
Ethereum’s major upgrade is coming. Should you be more bullish on it than bitcoin?
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest an...
Crypto firms face being booted from UK as FCA register deadline nears
A novelty Bitcoin token photographed on a £10 note. Matt Cardy | Getty Images LONDON — A slew of cryptocurrency companies could be forced to wind down their business in the U.K. if they fail to regist...
Largest cryptocurrencies mixed as Cardano rises
The largest cryptocurrencies were mixed during morning trading on Thursday, with Cardano ADAUSD, -0.12% seeing the biggest move, rallying 2.82% to 85 cents. Polkadot DOTUSD, +0.62% led the decreases w...
Amazon, Netflix, Bumble and more
Netflix logo Mario Tama | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Bumble — Shares of the online dating company surged more than 43% in midday tradi...
Investing app Acorns taps ‘choppy’ private markets at $1.9 billion valuation after scrapping SPAC
Noah Kerner, CEO of Acorns. Adam Jeffery | CNBC Acorns, the fintech start-up that scrapped plans to go public in January, has raised $300 million from private investors, CNBC has learned. The savings ...
PayPal suspends its services in Russia over Ukraine war
The PayPal app shown on an iPhone. Katja Knupper | DeFodi Images | Getty Images PayPal said Saturday it was suspending its services in Russia, adding to the number of firms retreating from the country...
15 stocks that have fallen at least 33% but by these measures are still standouts in their sectors
During a year in which more than half of the stocks in the S&P 500 Index have declined 10% or more, you have probably seen the term “oversold” being bandied about. But what does oversold really me...