Paypal

PayPal to Use AI, Cut Costs, Save $1.5B Under CEO Lores

Paypal CEO Enrique Lores announced a major initiative to use AI for cost savings and product improvements.The company targets over $1.5 billion in gross...

Paypal preps for activist defense amid bid rumors

Paypal is reportedly not engaged in any current sale talks with Stripe or other parties, according to Semafor.The fintech giant has been working with...

PayPal files to form Utah industrial bank for crypto, loans

Paypal has applied for approval to establish a Utah-chartered industrial bank.This would enable the company to originate loans, hold deposits, and access payment networks...

PayPal Applies to Launch Its First U.S. Bank for Small Business

Paypal Holdings has applied to open its first physical U.S. bank, chartered in Utah as an industrial loan company.The proposed bank would focus on...

PayPal’s PYUSD Stablecoin Soars 224% Amid DeFi Boom

Paypal’s stablecoin PYUSD circulation has increased by 224% in three months.Decentralized finance (DeFi) protocols and user incentives are major growth drivers for PYUSD.Ethena, a...

Paxos Accidentally Mints $300 Trillion of PayPal’s Stablecoin PYUSD

Paxos mistakenly created $300 trillion worth of Paypal's stablecoin, PYUSD. The incident was an internal technical error and did not threaten customer funds. All mistakenly minted...

PayPal, Google Shares Rise on New AI-Powered Commerce Partnership

Paypal and Alphabet announced a new multi-year partnership to enhance digital commerce with Artificial Intelligence.PayPal will implement Google's Ai technology to develop new shopping...

PayPal to Link Global Wallets, UPI, WeChat Pay This Fall

Paypal plans to launch a new platform called PayPal World in the fall, connecting domestic payment wallets to its global merchant network. The service will...

Latest news

Kraken Named FIFA World Cup’s Official Crypto Exchange

Kraken has been named the official crypto exchange partner for the 2026 FIFA World Cup.The partnership aims to connect...

U.S. Blocks Anthropic’s Top AI Models Over Security Fears

The U.S. government ordered Anthropic to suspend foreign access to its advanced AI models, Claude Fable 5 and Claude...

Critical Splunk Vulnerability Allows Unauthenticated RCE

Splunk has patched a critical vulnerability, CVE-2026-20253, rated 9.8 on the CVSS scale, allowing unauthenticated file operations and potential...