PayPal

The company's upbeat forecast also comes alongside its previously announced commitment of lowering expenses in the backdrop of its key e-commerce segment feeling the pinch of a slowdown

While we have made substantial progress in right-sizing our cost structure, and focused our resources on our core strategic priorities, we have more work to do: Dan Schulman

Cloud customer experience and contact centre solutions provider Genesys on Tuesday announced the appointment of Deepa Madhavan as the India-Country Head. Deepa Madhavan, in her new role would continue the development of Genesys cloud technologies and engagement of teams across all functions in Genesys India, a company statement said. She would manage, support and grow the company's research and development centre in Chennai, the second largest such facility for Genesys globally. The Chennai centre hosts employees working in product management, professional services, customer care, engineering, finance and sales and other support functions. "Deepa joins us at a time when we are pushing forward with our focus on cloud innovation, maximising customer value and driving business growth. Deepa is a people-centric leader with the ability to successfully grow and build high performing teams from the ground up," Genesys managing director and vice-president ASEAN and South Asia, Stephen Hami

Digital payments company PayPal, co-founded by Elon Musk, has taken a U-turn on a controversial policy that sought to fine its users $2,500 for spreading "misinformation" on its platform

Company committed to rules and can 'ease the minds of regulators', says executive about Indian concerns on digital assets

Pine Labs, backed by investors such as Sequoia Capital, PayPal, and Mastercard, competes with fintech companies such as BharatPe, Mswipe, Paytm, and Razorpay

Fed is debating whether to develop a digital currency, as are most central banks around the world. A decision has not been made, and officials say it would take congressional approval to move forward

The gist of the PayPal history is known to those who follow Silicon Valley history

PayPal said on Thursday that its users will now be able to send money to Ukrainians, both in the war-ravaged country as well as those now refugees across Europe. Previously, people in Ukraine were only able to use the payments platform to send money out of the country. They will now be able to receive funds, as well as make transfers within Ukraine and abroad. It's the latest measure by banks and other financial services companies looking for ways to help Ukrainians impacted by Russia's invasion. PayPal cut off Russia from its services last week. Since the war began, Americans and other supporters of Ukraine have been looking for ways to financially support Ukrainian refugees as well as those still in the country. People have booked Airbnbs in Kyiv or sent cryptocurrencies to Ukrainians. Money transfer companies like MoneyGram and Western Union have seen surges in demand as people look for ways to send money to friends and family in the region. PayPal, which is based in San Jose,

Paypal Holding Inc suspended its services in Russia, citing Moscow's 'violent military aggression in Ukraine', Paypal President and CEO Dan Schulman said in a letter to the Ukrainian government.

Study says 29% of MSMEs felt business environment in India became more favourable for online sales; for 31% cross-border opportunity was promising

Net revenue in the third quarter rose over 13% to $6.18 billion.

Some analysts now think Pinterest could attract interest from other bidders down the road

A source told Reuters that PayPal had offered $70 per share, mostly in stock, for Pinterest.

Pinterest is a visual search and scrapbooking platform that lets users save, collect and group images by theme

PayPal veteran Sanjay Bhargava has announced that he is all set to serve tech billionaire Elon Musk's SpaceX as Starlink Country Director India starting October 1.

The deal tracks rival Square Inc's agreement last month to buy Australian BNPL success story Afterpay Ltd for $29 billion

Digital payment solutions provider PayPal said India is the "bedrock" of its development capabilities and it continues to hire aggressively in the country to further build and drive the teams

Rollout is first international expansion of company's cryptocurrencies outside the US

PayPal is partnering with non-profit organisation Anti-Defamation League to investigate how extremist and hate movements in US take advantage of financial platforms to fund their criminal activities