EBay hires Discover’s U.S. cards chief to drive growth
EBay has hired Discover’s top U.S. cards executive, Julie Loger, for the newly created position of global chief growth officer. ... Read full article
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EBay offering loans to merchants through partnership with LendingPoint
The e-commerce site and online lender have teamed up to let eBay sellers borrow up to $25,000. ... Read full article
Visa, Mastercard, Stripe and eBay bail on Facebook's Libra ahead of key meeting
As regulatory pushback against Facebook's Libra cryptocurrency has accelerated, keeping the project together has become a major challenge, with Visa, Mastercard, Visa, eBay and Stripe joining PayPal in leaving the project. ... Read full article
Global VC firm keen on neobanks hints at where it will invest in 2019
The Omidyar Network has invested in five challenger banks. Tilman Ehrbeck, who is leading its financial inclusion efforts, says the firm will invest more in apps for gig workers and retirees next year. ... Read full article
EBay's Apple, Square pacts could strangle community banks
With just two partnerships, eBay is cutting off a big opportunity for community banks. ... Read full article
The 10 biggest data breaches
Equifax's data breach may be the most serious, given that it covered 143 million consumers and involved reams of confidential information, but it wasn't the largest. Following are the biggest to date. ... Read full article