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PayPal files with Utah and the FDIC to launch PayPal Bank, an industrial loan company offering small business lending and ...
The company behind the PYUSD stablecoin said it wants to offer business lending and interest-bearing savings accounts.
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 ...
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 ...
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PayPal extends PYUSD stablecoin use to fund AI developments
PayPal has announced plans to utilize PYUSD, a stablecoin, to support USD.AI’s artificial intelligence-driven credit and finance developments.
The San Jose-based firm submitted applications to both the Federal Deposit Insurance Corporation and the Utah Department of Financial Institutions to form an industrial loan company ...
Simply sign up to the US banks myFT Digest -- delivered directly to your inbox. PayPal has applied to become a bank in the US, the latest fintech seeking to capitalise on the Trump administration’s ...
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