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 (Katherine Hamilton/Wall Street Journal)

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

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