Fintech News

FEBRUARY 15, 2024

Illicit share of all cryptocurrency transaction volume, 2018-2023, Source: Chainalysis 2024 Crypto Crime Report, Chainalysis, Jan 2024 Conversely, the data reveal an increase in ransomware attacks and darknet markets, indicating challenges in cybersecurity and a resurgence in these illicit activities.

Ransomware 99

Ransomware Crime Transactions Romance Scams 99

PYMNTS

AUGUST 5, 2020

Adjusted earnings per share were 18 cents. And Square’s gross payments volume in Q2 dipped 15 percent year over year. Instead, Square Capital loan volume was driven by the Paycheck Protection Program, which provided $873 million to more than 80,000 small businesses. Square saw its shares skyrocket Tuesday (Aug.

Tax Refunds 87

Tax Refunds Small Business Shutdown Venmo 87

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. Total payment volume rose 52 percent to $37 billion, while active users grew by 8 million to north of 60 million. billion ($1.29

Venmo 84

Venmo PayPal Direct Deposit Adjustments 84

PYMNTS

MAY 5, 2020

After adjusting for restructuring charges and other effects, Disney reported earnings of 60 cents a share, down from $1.61 Only the final few weeks of the quarter absorbed the worldwide shutdown of Disney’s theme parks. The COVID-19 pandemic hit Disney hard for the first three months of 2020, with overall revenue down $1.4

Shutdown 65

Shutdown Adjustments Volume Product 65

PYMNTS

MARCH 23, 2020

While CUs have never dealt with anything quite like this or at this scale, they have been on the ground for wildfires in California, hurricanes across the southeast and the government shutdown a year ago that resembled the current crisis in many key ways.

Credit Union 52

Credit Union Credit Union Service Organization Shutdown Volume 52

PYMNTS

MARCH 27, 2020

Factory shutdowns and stay-at-home orders have disrupted manufacturing and production, with ramifications reverberating throughout global supply chains. Van der Walt said payment volumes are down, and whereas trade credit used to be offered and available to customers freely, vendors are now holding back in an effort to shore up capital.

Payer 87

Payer B2B On-Demand Shutdown 87

PYMNTS

APRIL 12, 2018

In any given year, she noted, Mastercard announces a variety of changes, initiatives and adjustments to policy. Requiring a signature for the large volume of low-dollar transactions slowed things down, so the rules were changed to waive them for purchases under $25. As it turns out, there is no love lost for the signature at the POS.

EMV 51

EMV Visa Issuers Disputes 51