PayPal is seeking a banking charter that would allow it to boost its lending business, offer savings accounts that can earn interest and make customers’ deposits eligible for federal insurance ...

PayPal was notified about the abuse, and it confirmed to currently be working on a fix: “PayPal does not tolerate fraudulent activity, and we work hard to protect our customers from consistently ...

NEW YORK] PayPal Holdings applied to become a bank in the US, looking to take advantage of the Trump administration’s openness to financial-technology companies entering the banking system. Read more ...

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Chatbots and fraud prevention applications are becoming more common, but banks are still doing the essential data work needed so AI can do the more ambitious work around investment recommendations.