Money in Your Venmo and PayPal Apps May Be at Risk, CFPB Says [CNET News]
PayPal Holdings, Inc. (PYPL)
Last paypal holdings, inc. earnings: 1/29 04:15 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investor.paypal-corp.com
Company Research
Source: CNET News
You may want to move the money you've got stored in Venmo, PayPal or Cash App. The Consumer Financial Protection Bureau on Thursday issued a report highlighting the financial dangers digital payments apps pose to consumers due to a lack of federal deposit insurance. The CFPB pointed to several major financial institutions, including Silicon Valley Bank, Signature Bank and First Republic Bank, that experienced a bank run earlier this year that jeopardized the money of individuals and businesses. The money that's stored on payment apps might not be held in accounts with federal deposit insurance, coverage that protects your money in the event of a bank failure, the CFPB explained in a press release. So in the event of a financial crisis, the more than 75% of US adults who use these apps could lose the funds they keep there. In 2022 alone, transaction volume across all digital payment app service providers was around $893 billion, the release says. "Popular digital payment apps
Show less
Read more
Impact Snapshot
Event Time:
PYPL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PYPL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PYPL alerts
High impacting PayPal Holdings, Inc. news events
Weekly update
A roundup of the hottest topics
PYPL
News
- PayPal's Pivot Point [Seeking Alpha]Seeking Alpha
- PayPal Holdings, Inc. (NASDAQ: PYPL) had its price target raised by analysts at Evercore ISI from $56.00 to $60.00. They now have an "in-line" rating on the stock.MarketBeat
- PayPal: This Is Not The Next Meta [Seeking Alpha]Seeking Alpha
- Paypal (PYPL) Advances While Market Declines: Some Information for Investors [Yahoo! Finance]Yahoo! Finance
- PayPal: The Cheapest, Highest-Quality Tech Stock to Buy in 2024 [Yahoo! Finance]Yahoo! Finance
PYPL
Earnings
- 2/7/24 - Beat
PYPL
Sec Filings
- 3/27/24 - Form 3
- 3/27/24 - Form PX14A6G
- 3/7/24 - Form 144
- PYPL's page on the SEC website