PYMNTS

JULY 29, 2020

In an earnings season defined by diminished expectations amid the worldwide economic shutdown, PayPal not only beat analysts’ expectations Wednesday (July 29) but enjoyed a record quarter. And the company credited its Venmo peer-to-peer (P2P) payments platform and QR code-based contactless-payments system for a big part of that success. “In

Venmo

PYMNTS

APRIL 16, 2020

Given the full-scale shutdown in the U.S. And apart from pushing the pause button on loans small and medium-sized business (SMB) customers have taken out, the bank has also been busy trying to get federal Paycheck Protection Program (PPP) funds to those clients. BofA, incidentally, is not the only big bank in the U.S.

Volume

PYMNTS

OCTOBER 15, 2020

But as it pushes beyond that, it starts to become required, and then they’ll all do it.”. Edwards said the path to instant disbursements is being pushed forward by players like PayPal. For businesses, cash flow is, was and always will be king when it comes to priorities. The Problem With Legacy Systems.

Small Business

PYMNTS

JANUARY 6, 2019

With the government shutdown continuing, banks in the U.S. According to a report in The Financial Times citing JPMorgan Chase , the bank has waived all fees on checking accounts, including overdraft charges, for customers who no longer receive a government check directly deposited into their account with the bank.

Shutdown