"The pull currency is way too poor to support this system." ...

PayPal Holdings, Inc.'s recently announced its pursuit of an industrial loan company charter to increase its alignment with emerging small and medium-sized business lending and digital payments ...

PayPal (PYPL) is extending the role of its PYUSD stablecoin into artificial intelligence finance, linking it to onchain funding mechanisms developed by USD.AI, a stablecoin protocol that provides ...

PayPal announced this week that it submitted regulatory applications to create PayPal Bank, a new industrial loan company to support small businesses. The company said Monday that it filed documents ...

When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. Scammers are abusing PayPal’s Subscriptions feature to inject phishing messages into legitimate ...

It looks like we could be seeing the launch of a PayPal Bank in the US after the company took advantage of looser conditions in order to make its application … Even for a company the size of PayPal, ...

PayPal seeks a Utah industrial loan charter to lend and accept deposits directly. The move eliminates sponsor banks, aiming for faster, cheaper small business loans. Approval would signal growing ...

PayPal has applied to establish a Utah-chartered bank, a move that would allow the firm to hold deposits and increase lending capacity to small businesses. PayPal, one of the earliest online payment ...

Connecting the dots: PayPal Holdings has applied for a US banking charter, a significant step in its long-term effort to deepen its role in financial services and reduce reliance on third-party ...

PayPal now wants to become a bank in the US. The company has submitted the required applications to the Utah Department of Financial Institutions and the Federal Deposit Insurance Corporation to ...

PayPal PYPL-3.18%decrease; red down pointing triangle has applied to form a bank offering business loans and savings accounts. The digital payments company, which owns Venmo, said Monday it had filed ...

Key insights: PayPal submitted applications to the Utah Department of Financial Institutions and the Federal Deposit Insurance Corporation to create PayPal Bank. What's at stake: Payment companies and ...