Katherine Hamilton / Wall Street Journal:

PayPal says it has filed applications to establish PayPal Bank to provide loans more efficiently to US small businesses and reduce its reliance on third parties  —  The payments company says it filed applications with the Utah Department of Financial Institutions and the FDIC to establish PayPal Bank

Katherine Hamilton / Wall Street Journal:

PayPal says it has filed applications to establish PayPal Bank to provide loans more efficiently to US small businesses and reduce its reliance on third parties  —  The payments company says it filed applications with the Utah Department of Financial Institutions and the FDIC to establish PayPal Bank

Source: TechMeme
Source Link: http://www.techmeme.com/251215/p40#a251215p40