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PayPal, Venmo partner with Illumia, Nelnet Campus Commerce, TouchNet to enable tuition payments
PUBT·5 hours ago
- PayPal has partnered with Illumia, Nelnet Campus Commerce, and TouchNet to enable tuition payments via PayPal and Venmo through existing school portals. - These integrations are currently live at select US universities, with a broader rollout planned throughout 2026. - This initiative extends PayPal's expansion into campus financial services, following previous agreements covering revenue-share disbursements for student athletes.
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David Einhorn Has 7 New Stock Picks: Hedge Fund Manager Bets on Buyouts, Spinoffs
benzinga_article·3 hours ago
- DME Capital Management disclosed 7 new stock picks in its second-quarter 13F filing, bringing its total holdings to 46 with approximately $3.9 billion in assets as of June 30, 2026. - The new additions include Fortune Brands Innovations valued at $123.1 million, Versigent PLC at $95.7 million, Primo Brands Corp at $69.0 million, and PayPal Holdings at $61.5 million. - Additional new positions consist of Warner Bros. Discovery at $59.9 million, PVH Corporation at $38.7 million, and Comcast Corporation at $33.0 million, reflecting a strategic focus on value stocks, spinoffs, and potential buyouts.
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PayPal, Venmo Partner With Education Platforms For Tuition Payments
rttnews·5 hours ago
- PayPal Holdings, Inc. announced integrations with Illumia, Nelnet Campus Commerce, and TouchNet to enable tuition and fee payments through PayPal or Venmo. - The new payment capability is currently live at multiple institutions, including Kansas State University and Michigan State University, with broader adoption expected throughout the year. - This expansion builds on the platforms' existing campus presence and provides users with familiar security features and flexible funding options for higher education expenses.
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Illumia Adds PayPal and Venmo for College Tuition Payments | ROP Stock News
StockTitan·12 hours ago
- Illumia announced that participating colleges and universities can now accept tuition and fee payments using PayPal and Venmo through their existing payment portals. - This integration provides students and families with greater payment flexibility and trusted security while allowing campus teams to continue managing transactions through Illumia. - The new payment options are currently available at select institutions, with additional schools expected to adopt the feature throughout the year.
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TikTok explores peer-to-peer payments via DMs, report says
TechCrunch·21 hours ago
- TikTok is developing a peer-to-peer payment feature enabling users to send money via direct messages using its TikTok Pay infrastructure. - Code discovered in the U.S. iPhone app reveals the feature allows senders to attach messages and recipients to tap to accept funds. - This development reflects TikTok's broader expansion into financial services, positioning the platform to compete with services like Venmo and Zelle.
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Crypto exchange Kraken launches cash back debit card in bid for consumer wallets
CNBC·1 day ago, 08:00 AM
- Crypto exchange Kraken is launching the Krak Card, a U.S. debit card offering up to 2 % cash or bitcoin back. - The card allows customers to spend directly from more than 600 currencies and crypto assets with automatic conversion to dollars. - This initiative aims to capture a larger share of consumers' financial lives, increase platform deposits, and intensify competition with fintech super apps.
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Dow Jones Top Financial Services Headlines at 4 PM ET: Investment Firm General Atlantic Is Eyeing an IPO Again | The ...
MorningStar·1 day ago, 03:18 PM
- General Atlantic is reportedly pursuing an initial public offering again while managing approximately $130 billion in assets. - Regulatory bodies granted World Liberty Financial preliminary approval to operate as a trust bank. - Berkshire Hathaway increased its stake in Alphabet by about 80% to 106 million shares during the second quarter.
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With industry consolidation looming, Block refreshes business payments
American Banker·1 day ago, 03:13 PM
- Block updated cards and payments technology at its Square unit to integrate payments, banking, credit, and bill management. - The platform update enables sellers to pay vendors digitally through Square Bill Pay and offers enhanced cash back incentives. - Amid industry consolidation involving Stripe, Block's move aims to strengthen its business-facing operations and manage cash positions.
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Stripe Purchase Of AI Firm OpenRouter Unlikely To Derail PayPal Deal
Unusual Whales·2 days ago, 11:56 AM
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Stripe Nears $7 Billion-Plus OpenRouter Acquisition as Payments Giant Deepens AI Push: Report
benzinga_article·2 days ago, 05:27 AM
- Payments giant Stripe is reportedly nearing a deal to acquire AI gateway OpenRouter for over $7 billion. - Founded in 2023, OpenRouter serves over 10 million users and processes 200 trillion tokens per month across multiple AI models. - The potential acquisition marks Stripe’s major strategic push into artificial intelligence infrastructure following previous investment and partnership efforts.
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Dow Jones Top Company Headlines at 1 AM ET: Alibaba to Sell Videogame Business for at Least $1.5 Billion | K-Beauty ...
MorningStar·2 days ago, 12:26 AM
- Alibaba Group is selling its videogame arm for at least $1.5 billion to shift focus toward artificial intelligence, while PayPal engages in buyout talks with Stripe and Advent. - Proya Cosmetics is expanding into the U.S. market through Ulta Beauty, and Trump Family's World Liberty Financial has secured preliminary approval to launch a trust bank. - Nvidia has downsized plans for a $250 billion guarantee of OpenAI data centers, and Third Point exited Nvidia and Broadcom during the second quarter.
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PayPal's Stripe Talks, Anthropic's $200 Billion Bet and More: This Week In Tech
benzinga_article·Aug 16 at 09:00 AM
- PayPal Holdings is reportedly negotiating a potential sale to Stripe and Advent International after rejecting an earlier $53 billion offer. - Anthropic has projected reaching up to $200 billion in revenue by 2028 to support a potential $2 trillion IPO valuation. - Duquesne Family Office significantly increased its Amazon stake and invested in AMD during the second quarter.
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Breaking: PayPal is in talks to sell itself after rejecting Stripe’s initial $60.50 bid in July
MSN·Aug 15 at 05:12 PM
- PayPal shares surged following reports of active sale talks with a Stripe and Advent International consortium. - The consortium previously made a rejected $60.50 per share bid for PayPal in July. - Acquiring PayPal would combine 439 million active accounts with Stripe to create a $3 trillion payment platform.
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Navy deployment in Middle East 'not nearly long enough,' Trump says
MSN·Aug 14 at 05:02 PM
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Dow Jones Top Financial Services Headlines at 4 PM ET: Stripe, Advent in Talks to Buy PayPal | JPMorgan ...
MorningStar·Aug 14 at 03:24 PM
- Stripe and Advent held talks to acquire PayPal in July, while JPMorgan severed its banking relationship with Polymarket due to regulatory concerns. - Berkshire backed Marubeni favors a stronger yen to support a $ 12 billion investment plan, and Aviva reported strong first half operating profit growth. - Cleveland Fed President Beth Hammack urged immediate central bank action against persistent inflation, and Bill Ackman criticized his new fund's slumping stock price.
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Y Intercept Hong Kong Ltd Makes New Investment in PayPal Holdings, Inc. $PYPL
Market Beat·Aug 13 at 05:57 AM
- PayPal Holdings, Inc. reported second-quarter earnings of $1.38 per share on revenue of $8.68 billion, both beating consensus estimates. - Institutional investors including Y Intercept Hong Kong Ltd adjusted their positions, while company insiders executed stock sales totaling 10,612 shares over a 90-day period. - The company announced a quarterly dividend of $0.14 per share payable on September 25th, alongside ongoing market debate regarding its valuation and growth sustainability.
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