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Embedded Finance Platform Highnote Emerges From Stealth With $54M In Funds
Tuesday, September 28, 2021 - 10:00am | 285Highnote, a card platform built for embedded card experiences, announced an emergence from stealth mode with $54 million in funding across a Seed and Series A round. What Happened: The development comes as consumers seek fast and easy payment processes. Whether sharing rides, grabbing coffee,...
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Apple Announces What Could Be A Venmo Killer: Will It Compete?
Thursday, June 15, 2017 - 2:04pm | 780Apple Inc. (NASDAQ: AAPL) announced its latest payment feature, which will make the tech behemoth a major competitor in the growing peer-to-peer payments industry. The feature will enable Apple to compete head to head against the industry’s most dominant player, Venmo (acquired by Braintree...
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PayPal Has A Lot Of Positives, An Attractive Stock Price Isn't One Of Them
Thursday, May 25, 2017 - 9:35am | 624Despite the positives, Stifel downgraded shares of Paypal Holdings Inc (NASDAQ: PYPL) to a Hold, citing valuation. The firm noted shares have reached its price target of $51. Stock Outperforms Analysts Scott Devitt, John Davis, Lamont Williams and Logan Thomas noted PayPal shares have climbed 15...
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Fintech Down Under: An Australian Fintech Hub CEO On The 'Growing, Learning, Adapting And Emerging' Sector
Friday, March 31, 2017 - 2:05pm | 1461Cameron Dart is the CEO of International FinTech, a hub that connects Australian fintech companies to the rest of the world and vice versa. The company recently opened a London “launch pad” office that helps Australian startups expand globally and links startups in other countries to...
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Does Apple Pose Significant Threat To PayPal?
Wednesday, July 13, 2016 - 2:01pm | 252Oppenheimer's Glenn Greene reiterated his outperform rating and $43.00 price target on Paypal Holdings Inc (NASDAQ: PYPL) despite rumors on Tuesday that Paypal’s relationship with Visa Inc (NYSE: V) was going sour. The analyst remains attracted to the company’s “wide brand...
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Bob Peck Offers Top 10 Takeaways From PayPal's First-Ever Analyst Day
Thursday, May 19, 2016 - 4:46pm | 611Paypal Holdings Inc (NASDAQ: PYPL) just held its first Investor Day post after its separation from eBay Inc (NASDAQ: EBAY). SunTrust Robinson Humphrey's Bob Peck, who has a Buy rating on the stock, provided the following top 10 takeaways from the event: 1. 'Financial Guidance:...
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10 Questions For PayPal's First Analyst Day
Tuesday, May 17, 2016 - 11:01am | 380Paypal Holdings Inc (NASDAQ: PYPL) is scheduled to host its very first Analyst Day since it separated from eBay Inc (NASDAQ: EBAY). The event will take place on May 18 in San Jose. Robert "Bob" S. Peck of SunTrust Robinson Humphrey maintains a Buy rating on PayPal Holdings. Peck delineated 10 areas...
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PayPal Continues To Benefit As It Transitions From Being A Payment 'Button'
Thursday, April 28, 2016 - 9:44am | 300Paypal Holdings Inc (NASDAQ: PYPL) reported its 1Q results, with the top and bottom lines ahead of the consensus, the 2Q and 2016 guidance most in-line with expectations and the company having bought back 17 million shares worth $600 million. Robert "Bob" S. Peck of SunTrust Robinson Humphrey...
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9 Stocks Winning From The 'Sharing Economy'
Friday, October 16, 2015 - 1:30pm | 597Analysts at SunTrust Robinson Humphrey published a detailed report on the "Sharing Economy." The analysts noted that for companies to succeed, they need to follow four key themes: trust, instant, mobile and efficiency. The analysts named nine companies that could emerge as winners in the $300...
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Why PayPal's CEO Is 'Extremely Confident' In The Company's Business Model
Friday, September 18, 2015 - 2:34pm | 354Shares of Paypal Holdings Inc (NASDAQ: PYPL) have fallen nearly 9 percent since its IPO debut. Bryan Keane of Deutsche Bank maintained a Buy rating and $42 price target following a chat with the company's CEO Dan Schulman. According to the analyst, Schulman was "extremely confident" in the...
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PayPal Is The Purest Pure-Play On Mobile Payments, Says BMO
Wednesday, July 1, 2015 - 9:23am | 338In a report published Tuesday, BMO Capital Markets analyst Paul Condra discussed the U.S. online payment services industry, noting that strong and sustainable growth rates are expected over the mid-term as online commerce continues to grow. Condra estimated the total revenue opportunity for...
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Top Analyst Sees 'Lackluster' Q1 From eBay
Thursday, April 16, 2015 - 4:47pm | 376In a report issued Thursday, analysts at SunTrust provided a preview of eBay Inc (NASDAQ: EBAY)'s first quarter earnings, and reiterated a Neutral rating and a $57 price target on the stock. The firm said the e-commerce company is expected to report a “lackluster” first quarter...
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The Latest in College Trends: The Mobile-Apps Sector
Wednesday, April 16, 2014 - 9:46am | 1053College students do it again. Their trendsetting ability may be great, but their ability to drive growth in the mobile-apps industry could be remarkable. Below are a few mobile-app trends (from personal finance to travel) sweeping U.S. campuses this year; trends that may also drive growth in the...
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Former AmEx Consultant David True Discusses The Future Of Online and Mobile Payments
Thursday, October 3, 2013 - 4:39pm | 489In a conference call with investors on Thursday morning, David True touched on a few issues facing the future of online and mobile payments. Currently the managing director of Broadly Curious Advisors, True has nearly 20 years of experience working his way up American Express (NYSE: AXP). Online...
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Facebook's Future Lies in Mobile Advertising
Tuesday, September 24, 2013 - 3:45pm | 623According to Yahoo! Finance, after Cowen & Co. upgraded Facebook (NASDAQ: FB) from “market perform” to “outperform” September 20, raising its PT from $29 to $53, the company moved past its awkward phase into corporate adulthood. On Tuesday, Citigroup's Mark May upgraded the stock from "...