Items tagged with (nasdaq:pypl)

PayPal is dipping deep into its pockets to acquire iZettle, a European startup and financial technology firm that sells mobile credit card readers, for $2.2 billion, the company announced today. It's obviously a massive purchase and one that seems to have excited investors—PayPal's stock jumped around 2.3 percent following news of the planned acquisition, and it's still early in the trading day. "Small businesses are the engine of the global economy and we are continuing to expand our platform to help them compete and win online, in-store and via mobile," said PayPal President and CEO Dan Schulman. "iZettle and PayPal are a strategic fit, with a shared mission, values and culture—and... Read more...
A security flaw that was first discovered in 1998 by Daniel Bleichenbacher has resurfaced, putting at risk some of the most popular websites and services, including Facebook and PayPal. Called ROBOT, the 19-year-old vulnerability can be exploited to perform RSA decryption and signing operations with the private key of a TLS server, and can still be used against many HTTPS hosts in today's Internet landscape. "For hosts that are vulnerable and only support RSA encryption key exchanges it's pretty bad. It means an attacker can passively record traffic and later decrypt it," security researchers Hanno Böck, Juraj Somorovsky (Hackmanit GmbH, Ruhr-Universität Bochum), and Craig Young (Tripwire... Read more...
It feels like it's hard to get a great opinion on PayPal from the users that have to deal with it, and likewise, the latest Skype mobile update threw many for a loop (and not in a good way). So naturally, seeing the two companies team up would seem like the perfect cocktail for disaster, but this latest move is actually a really nice one. Given just how large both Skype and PayPal are, many reading this likely have accounts with both services. However, when you want to send a quick buck to a friend, it can really feel like quite a hassle, given how many steps you have to take, and how much info there is to double-check (especially with regards to fees). With a new mobile Skype update, though,... Read more...
For better or worse, parting with your money just got a heck of a lot easier on iOS devices. All you have to do is bark a command to Siri to the effect of, "Hey Siri, send my brother Todd $50 using PayPal" and she will happily coordinate the transfer, simple as that. Siri will ask for confirmation, of course, just like when sending a text message, but answer in the affirmative and little brother Todd will be the happy recipient of a wad of online cash. The new voice-activated functionality is baked into the latest version of PayPal's mobile app on iOS. Anyone with an iPhone or iPad running iOS 10 later can download and install the latest build and start sending money using voice commands. On... Read more...