Small businesses have always faced the same brutal truth: banks don't want to lend to them. They're too risky, the loan amounts are too small, and the paperwork is too expensive relative to the ...

The payment giant is seeking approval to launch PayPal Bank, which would offer business loans, savings accounts, and FDIC insurance.

Earlier in December, PayPal applied to establish PayPal Bank, a Utah-chartered industrial loan company that would offer FDIC-insured savings accounts, expand small‑business lending, and reduce its ...

The online payment service Paypal enables small businesses to send electronic payments without a credit card and receive electronic payments without a merchant account. Because Paypal can connect to ...

Full disclosure: I own a small amount of PayPal stock, as well as many banking and fintech stocks. Forget Amazon, Facebook, Apple and Google. If PayPal decided to become a U.S. bank, it could be the ...

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 is quickly moving beyond payments and now looking to directly get into banking in the US. (Photo Illustration by Thomas Trutschel/Photothek via Getty Images) When PayPal announced in ...

PayPal is expanding into traditional banking through partnership with smaller banks to offer consumers debit cards connected to their PayPal accounts, along with direct deposit for paychecks and other ...

PayPal Holdings is nudging its customers closer to mainstream banking services. The San Jose, Calif.-based payments company has been quietly reaching out to groups of customers in recent months with ...

PayPal is apparently rolling out a number of traditional banking features, according to a report from The Wall Street Journal. The digital payment giant is offering users debit cards they can use to ...

PayPal Inc. of San Jose says that it will use its new European bank license primarily for marketing purposes, and that it has no plans to offer traditional banking products or services. PayPal ...