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Bank of Canada begins registration of payment service providers

UPDATE 1-Bank of Canada begins registration of payment service providers Adds details from interview with central bank official in paragraphs 5-6, 8 OTTAWA, Nov 1 (Reuters) - The Bank of Canada on Friday started registering payment service providers as part of a plan to bring them under its regulation and promote secure and reliable digital transactions.
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Bank of Canada starts registration of payment service providers

Bank of Canada starts registration of payment service providers OTTAWA, Nov 1 (Reuters) - The Bank of Canada on Friday started registering payment service providers as part of a plan to bring them under its regulation and promote secure and reliable digital transactions. Critics have often complained that Canada's digital payment infrastructure is archaic when compared with some advanced countries such as the UK and Australia and lags even many developing countries.
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Street View: PayPal's growth outlook in focus as 'transition year' nears end

BUZZ-Street View: PayPal's growth outlook in focus as 'transition year' nears end ** PayPal PYPL.O forecast Q4 revenue below estimates on Tuesday as the digital payments company shifts focus from aggressive growth to high-margin businesses ** At least eight brokerages raise PTs on stock after results "TURNAROUND PROGRESS BALANCED BY UNCERTAINTY" ** TD Cowen ("hold", PT: $78) says PYPL showed early progress on key initiatives, but major questions persist on its pricing strategy and growth in 2025
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Paypal In Aug Received CID From CFPB Related To Paypal Credit

BRIEF-Paypal In Aug Received CID From CFPB Related To Paypal Credit Oct 29 (Reuters) - PayPal Holdings Inc PYPL.O : PAYPAL: IN AUG, RECEIVED CID FROM CFPB RELATED TO PAYPAL CREDIT, ALSO RELATES TO BACKUP PAYMENT OPTIONS IN DIGITAL WALLET TO PAY FOR GOODS OR SERVICES PAYPAL: CID FROM CFPB REQUESTS PRODUCTION OF DOCUMENTS, ANSWERS TO WRITTEN QUESTION
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PayPal Holdings Inc reports results for the quarter ended in September 30 - Earnings Summary

PayPal Holdings Inc reports results for the quarter ended in September 30 - Earnings Summary PayPal Holdings Inc PYPL.OQ reported quarterly adjusted earnings of $1.20​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $1.30. The mean expectation of thirty four analysts for the quarter was for earnings of $1.07 per share.
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U.S. STOCKS McDonald's, Zebra Technologies, Pfizer

BUZZ-U.S. STOCKS ON THE MOVE-McDonald's, Zebra Technologies, Pfizer Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock index futures were little changed on Tuesday as investors prepared for a bevy of corporate results, most notably from Alphabet GOOGL.O to gauge the strength of the technology sector.
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Paypal Reports Third Quarter 2024 Results

BRIEF-Paypal Reports Third Quarter 2024 Results Oct 29 (Reuters) - PayPal Holdings Inc PYPL.O : PAYPAL REPORTS THIRD QUARTER 2024 RESULTS Source text: ID:nPn1B0Nrda Further company coverage: PYPL.O
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PayPal's revenue forecast fails to impress as profit push puts growth behind

UPDATE 3-PayPal's revenue forecast fails to impress as profit push puts growth behind Company lifts annual profit forecast as spending holds up Shares fall as weak Q4 revenue forecast hurts sentiment Company moderating growth in Braintree, low-margin businesses Adds executive comment in paragraphs 3 and 6, analyst comment in paragraphs 12 and 19, graphic; Updates shares By Niket Nishant and Manya Saini Oct 29 (Reuters) - PayPal PYPL.O forecast fourth-quarter revenue below estimates on Tuesday as
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PayPal forecasts Q4 revenue below estimates as profit push puts growth behind

PayPal forecasts Q4 revenue below estimates as profit push puts growth behind Company lifts annual profit forecast as spending holds up CEO says "solid progress" on innovation, partnerships Shares have risen 36% so far this year Oct 29 (Reuters) - PayPal PYPL.O forecast fourth-quarter revenue below estimates on Tuesday as the digital payments company focuses more on its higher-margin businesses to boost profitability instead of aggressive expansion.
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Election-agitated Treasuries meet megacap earnings

MORNING BID AMERICAS-Election-agitated Treasuries meet megacap earnings A look at the day ahead in U.S. and global markets from Mike Dolan Even as public borrowing estimates were shaved on Monday, U.S. Treasury yields continue to probe three-month highs as markets lean toward a win for Donald Trump in next week's election and a possible clean sweep in Congress for his Republican party.
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What to Watch in the Day Ahead - Tuesday, October 29

What to Watch in the Day Ahead - Tuesday, October 29 The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at DAY/US . Thomson One users can register at RT/DAY/US. All times in ET/GMT Alphabet will report results for its third quarter.
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What to Watch in the Week Ahead and on Monday, October 28

What to Watch in the Week Ahead and on Monday, October 28 The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at DAY/US . Thomson One users can register at RT/DAY/US. All times in ET/GMT ON MONDAY Ford is expected to report higher third-quarter revenue and profit, aided by sales of its commercial vehicles.
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Paypal And Global Payments Join Forces To Simplify Checkout With Fastlane

BRIEF-Paypal And Global Payments Join Forces To Simplify Checkout With Fastlane Oct 23 (Reuters) - PayPal Holdings Inc PYPL.O : PAYPAL AND GLOBAL PAYMENTS JOIN FORCES TO SIMPLIFY CHECKOUT WITH FASTLANE Source text for Eikon: ID:nPnbT1c8qa Further company coverage: PYPL.O
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'Open banking' rules for consumer data unveiled by US watchdog

UPDATE 3-'Open banking' rules for consumer data unveiled by US watchdog CFPB's open banking rule aims to boost competition Data aggregators and payment apps say rule promotes safe data transfer Banks legally challenge rule over process, data security concerns Fintech industry complains of restrictions on 'secondary use' of consumer data Adds details of U.S.
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Fintech giant Stripe to buy crypto startup Bridge

Fintech giant Stripe to buy crypto startup Bridge Oct 21 (Reuters) - Stripe will buy stablecoin infrastructure provider startup Bridge, the fintech said in a tweet on Monday without disclosing the deal value. The deal is valued at $1.1 billion, Forbes reported last week, citing people familiar with the matter. Stripe declined to comment on the transaction's value when contacted by Reuters.
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U.S. Centerspace, Gilead, Gitlab

U.S. RESEARCH ROUNDUP-Centerspace, Gilead, Gitlab Oct 21 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Centerspace, Gilead and Gitlab, on Monday. HIGHLIGHTS * Centerspace CSR.N : Raymond James cuts to market perform from outperform * Euronet Worldwide Inc EEFT.O : Citigroup cuts to neutral from buy * Gilead GILD.O : Leerink Partners raises to outperform from market perform * Gitlab Inc GTLB.O : Needham raises to bu
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U.S. Cadence Design Systems, Equity Bancshares, S&P Global

U.S. RESEARCH ROUNDUP- Cadence Design Systems, Equity Bancshares, S&P Global Oct 15 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Cadence Design Systems, Equity Bancshares and S&P Global, on Tuesday. HIGHLIGHTS * APA Corporation APA.O : Piper Sandler cuts target price to $28 from $29 * Cadence Design Systems Inc CDNS.O : Berenberg initiates coverage with buy rating * Equity Bancshares Inc EQBK.N : Stephens raises t
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Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change MongoDB Inc MDB.OQ +5.5% CrowdStrike Holdings Inc CRWD.OQ +4.5% Micron Technology Inc MU.OQ +4.2% Zscaler Inc ZS.OQ +4.0% Atlassian Corp TEAM.OQ +3.9% Bottom Performers Percent Change PayPal Holdings Inc PYPL.OQ -3.3% Verisk Analytics Inc VRSK.OQ -3.2% Cognizant Technology Solutions Corp CTSH.OQ -2.9% Moderna Inc MRNA.OQ -2.2% Warner Bros Discovery Inc WBD.OQ -2.0% The Nasdaq 100
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U.S. STOCKS Air Products, Pfizer, Paypal

BUZZ-U.S. STOCKS ON THE MOVE-Air Products, Pfizer, Paypal Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock indexes fell at the open on Thursday, after data showed U.S. inflation was higher than expected in September, keeping the Federal Reserve on track to ease interest rates by 25 basis points at its next meeting.
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PayPal falls after Bernstein downgrades to 'market-perform'

BUZZ-PayPal falls after Bernstein downgrades to 'market-perform' ** Shares of payments firm PayPal PYPL.O fall as much as 3.5%, last down 3.2% at $79.02 in early trading ** Bernstein downgrades PYPL to "market-perform" from "outperform", citing worries about competitive pressures to PYPL's branded checkout products that have struggled in recent yea
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