PayPal

PayPal Moves to Become a Bank: The Battle for an ILC Charter Begins

The payments giant has officially filed to form 'PayPal Bank,' seeking to bypass third-party partners and lend directly to small businesses. The move reignites the debate over mixing commerce and banking.

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Venmo Restores Service After Major Outage Disrupts Payments Nationwide

Thousands of users were left unable to send rent, split bills, or manage business transactions as the popular payment app went dark for hours.

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