Jed Lariego

189 Flips | 5 Magazines | 26 Likes | 3 Following | 250 Followers | @jedlariego2013 | Keep up with Jed Lariego on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Jed Lariego”

Emperor Akihito honors Japanese war dead in Philippines

CAVINTI, Philippines (AP) — With a mournful bow, Emperor Akihito paid his respects in a war memorial in the Philippines Friday to the largest number …

Typhoon Koppu Strengthens, Edges Closer to Philippines

A slow-moving typhoon that could bring as much as 6 feet of rain to parts of the Philippines grew stronger as it edged closer to the country.<p>Typhoon Koppu — which is known as "Lando" in the Philippines — had estimated maximum sustained winds of about 120 mph by 11 p.m. ET Friday, according to the …

PayPal Brings Its Instant Checkout Service “One Touch” Across The Web

PayPal is rolling out seamless, one-touch payments across the web, allowing customers to checkout from a merchant’s website without having to enter in their user ID and password again. The system, called One Touch for Web, is an expansion of PayPal’s earlier efforts on mobile.<p>Last fall, the company …

FinTech

PayPal blocks Iranian human rights group's account over sanctions

Justice for Iran, a non-profit group, joins patients in need of life-saving operations, students and a top architect in being hit by sanctions on Tehran<p>PayPal has suspended an account belonging to an Iranian human rights group based in London, citing sanctions placed by the west on the country – …

Human Rights

PayPal wants to implant passwords in your stomach and your brain

"Natural body identification" could one day replace passwords and other modern methods of identification, claims PayPal developer chief<p>PayPal is working on a new generation of embeddable, injectable and ingestible devices that could replace passwords as a means of identification.<p>Jonathan LeBlanc, …

Behind PayPal’s Foreign Assets Violations

<b>Editor’s note:</b> <i>Chen Amit is CEO and Co-founder of Tipalti, a Palo Alto software company focused on automating global payment processes for fast-growing companies.</i><p>In 2009, the US Treasury Department’s Office of Foreign Assets Control (OFAC) blacklisted an individual named Kursad Zafer Cire. Mr. Cire …

Profit

PayPal's Big Change: It Can Work With Amazon After eBay Split

Another change: eBay CEO John Donahoe will leave eBay's board for PayPal's after the spinoff.<p>A lot will stay the same when eBay spins PayPal off into a separate public company later this year. But at least one big change is coming: PayPal will be free to work with other big shopping marketplaces …

FinTech

PayPal to pay $7.7M in sanctions violations settlement

WASHINGTON (AP) — PayPal Inc. has agreed to pay $7.7 million to settle with U.S. regulators who said the payments company allowed violations of U.S. …

PayPal Here app arrives for Windows 8.1 with a swipe transaction discount

From now until June 15, US users of the PayPal Here app for Windows 8.1 will only have to pay a 1.9% per swipe fee on eligible transactions, versus …

PayPal confirms CyActive acquisition, plans cybersecurity center in Israel

Today PayPal announced it plans to acquire Israeli cyber-security startup CyActive.<p>The news comes just a day after Israeli newspaper, The Globes, reported that PayPal planned to buy CyActive for $60 million.<p>Founded in 2013, CyActive is a cybersecurity company that uses predictive analytics to …

PayPal’s One Touch payment app integrates with Lyft ahead of SXSW

Starting today, among your payment options for your Lyft ride, you’ll now be able to pay with PayPal.<p>Lyft uses Stripe for payment processing, but has already integrated Apple Pay into its interface as a payment option for consumers. Now, the company is integrating with PayPal as well, using the …

PayPal to buy Israeli cyber security firm CyActive: media | Reuters

TEL AVIV (Reuters) - Online payments company PayPal, a unit of eBay (EBAY.O), will buy Israeli cyber security company CyActive for $60 million, Israeli media reported.<p>A PayPal sign is seen at an office building in San Jose, California May 28, 2014. REUTERS/Beck Diefenbach<p>The Globes financial …

How PayPal uses deep learning and detective work to fight fraud

Hui Wang has seen the nature of online fraud change a lot in the 11 years she’s been at PayPal. In fact, a continuous evolution of methods is kind of …

Machine Learning

How to pay with your smartphone without Apple Pay, Samsung Pay or Google Wallet

With Apple Pay gaining steam and Samsung releasing its own system at Mobile World Congress 2015, called Samsung Pay, mobile payments are getting mainstream. In the coming years I'm betting that nearly every phone will let you quickly check out without grabbing for your wallet.<p>But even though we …

FinTech

PayPal acquires mobile payment startup Paydiant

PayPal today announced it is acquiring mobile payment startup Paydiant. Financial details of the deal were not disclosed, though a report from Recode estimated the deal at $280 million, which PayPal declined to confirm.<p>Founded in 2010, Paydiant helps brands build mobile apps with their own payment …

PayPal's new Here card reader can handle NFC payments

PayPal is no stranger to mobile payment solutions, but at Mobile World Congress, the company is making a useful upgrade to its Here card reader. In addition to being able to handle payments from those chip-and-PIN credit/debit cards, the new version of PayPal's transaction tech will also support …

FinTech

Google, PayPal heat up mobile-payments fray

PayPal and Google announced moves Monday to better position themselves for the expected growth in popularity of mobile payments.<p>PayPal, the digital payments unit being spun off from eBay later this year, announced Monday it would acquire Paydiant, a startup that helps companies such as Subway and …

FinTech

PayPal is buying mobile wallet maker Paydiant to take on Apple Pay

PayPal is about to start competing with Apple Pay in a big way. It's made a deal to purchase Paydiant, the developer behind mobile wallet tech that's inside of apps from Subway, Capital One, and — most notably — the consortium of major retailers known as MCX, which makes CurrentC. That means PayPal …

PayPal acquires Paydiant, puts NFC into its Here readers

PayPal is buying Paydiant, a startup that provides the mobile payments and loyalty technology used by many big-name retailers use in their apps, for …

FinTech

PayPal stops payment delivery to Mega, citing 'business reasons'

PayPal has cut ties and ceased all payments to Mega, Kim Dotcom's encrypted storage startup. Mega announced the news in a blog post, blaming Visa and MasterCard for pressuring PayPal into dropping the site. Mega was founded in the wake of MegaUpload's seizure by the US Department of Justice, and …

PayPal and eBay file regulatory forms in preparation for breakup later this year

EBay and PayPal took a big regulatory step toward their breakup today with the filing of a Form 10 with the Securities and Exchange Commission.<p>EBay and PayPal plan to split into two separate, publicly-traded companies in the second half of 2015. Because the companies will be selling stock, the SEC …

Google and PayPal join Crimea sanctions efforts

In the latest move by a U.S. tech firm to abide by sanctions on Crimea, Google will stop Android users on the peninsula from downloading apps from …

Russia

PayPal's new card reader supports Chip and PIN and Windows devices

Updated PayPal Here hardware launches later this year<p>PayPal released its first credit card reader — PayPal Here, designed to let merchants take payments on mobile devices — in 2012. Now, almost three years later, PayPal is updating its PayPal Here hardware to work with EMV "Chip and PIN" cards in …

Mobile Devices

PayPal Credit Expansion Now Lets Merchants Set Terms, Including Option For Interest-Free Payments

Last July, PayPal rebranded its Bill Me Later service as “PayPal Credit,” as a part of the company’s efforts to bring its credit products “more to the center of PayPal .” Today, as promised earlier, PayPal Credit is expanding its support for monthly payments with an option for retailers that allows …

FinTech

PayPal now available on BlackBerry World but only for specific regions and devices

First off, the app has only been made available in the US, UK and Australia. Secondly, you're going to need one supported BlackBerry smartphones and …

BlackBerry

How a Nickelodeon Cartoon Became One of the Most Powerful, Subversive Shows of 2014

A show for kids that aired its final season entirely online may not only be the most subversive television event of the year, but it could have the power to change children’s TV forever. Yes, really.<p>Last night Nickelodeon aired the finale of the animated spin-off series <i>The Legend of Korra</i>, bringing …

Apple now accepting PayPal for checkout through online store

Apple has updated its online store to start accepting PayPal as a payment method in both the United States and United Kingdom. PayPal was already an option for those who shopped through the iTunes Store, App Store, or iBookstore, but this is the first time the company has offered it through the …

eBay CEO Likely to Leave Board and Join PayPal’s When Companies Split

EBay CFO Bob Swan will join eBay's board after the split, a source said.<p>EBay CEO John Donahoe will likely depart eBay’s board of directors when the company spins off payment subsidiary PayPal next year, according to two people who have discussed the topic with him. Donahoe has told these people he …

PayPal Accounts Hacked With A Click: Engineer Uncovers Potential Security Breach

An Egyptian student figured out how to bypass PayPal’s security methods to completely take control of user accounts by changing their passwords. …

PayPal’s Bitcoin Integration And The Future Of Digital Currency Adoption

<b>Editor’s note:</b> <i>Ken Miller is the COO of Gem. Previously he was VP of risk management at PayPal executive and adviser to Square.</i><p>Recently, PayPal announced several partnerships aimed towards enabling certain PayPal merchants to be able to accept bitcoin as a form of payment from their customers. This …