PayPal and Fiserv Bringing Direct Deposit to PayPal and Venmo Accounts

Gig workers, and others who rely on PayPal, will be able to have payments direct deposited thanks to a partnership between PayPal and Fiserv.

Venmo Redesigns App to Remove Global Payments Feed

Venmo has redesigned its app to remove the global payments feed, after a high-profile incident in which President Biden’s account was discovered.

Venmo to Allow Business Transaction on Personal Accounts

Venmo is making a major change to its terms of service, allowing business transactions on personal accounts for the first time.

PayPal Looking To Enter Cryptocurrency Space

PayPal is looking to get into cryptocurrency, opening the door for its 365 million customers.

The Company That Can End Privacy Just Ran Afoul of Twitter

Clearview AI, the company that made headlines last week for potentially ending privacy as we know it, has incurred the wrath of Twitter, according to The Seattle Times. New York Times journalist Kashmir Hill first reported on Clearview AI, a…

The Real Secret to Venmo is the Social Experience, Says PayPal CEO

The real secret to Venmo is that it’s not just a payment transaction, it’s really a social experience, says PayPal CEO Dan Schulman. “It really is tying into this desire in the millennial generation to tie into your social network,” noted Schulman. “It’s really a social experience.”