For years now, adult content creators have been sounding the alarm about financial discrimination and debanking. Debanking is the practice of banks terminating a person's accounts and refusing to do ...

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 ...

Entrepreneurs trying to grow their businesses cite enduring challenges in getting loans from banks, whose vetting processes are often glacial, and frequently result in rejection. News this week ...

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 ...

PayPal wants to cut out the middleman and become the bank itself. The payment company announced it submitted applications to Utah regulators and the FDIC to establish what will be called PayPal Bank.

PayPal has applied to create its own bank, filing with Utah regulators and the FDIC to establish PayPal Bank, an industrial loan company. The move would streamline small-business lending, building on ...

PayPal Holdings Inc (NASDAQ: PYPL) shares are moving higher Tuesday after the company announced plans to establish a bank, which could enhance its ability to provide business lending solutions. What ...

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 is the latest company looking to become a bank in the US. On Monday, the company announced it had submitted applications for PayPal Bank to the Federal Deposit Insurance Corporation (FDIC) and ...

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 ...

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 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 ...