PayPal is today launching a new credit card, the PayPal Cashback MasterCard – its first card to offer shoppers direct cash back on purchases, instead of points that vary by category. The card, introduced in partnership with Synchrony Financial, will offer 2 percent back on purchases, with no annual fee, no minimum...

The chief executive of online crafts marketplace Etsy has resigned after the firm reported poor earnings. Chad Dickerson, who was also chairman, will be replaced by former eBay executive Josh Silverman. Etsy made an unexpected loss of $421,000 (£325,000) in the first three months of 2017 - having earned...