Discover how PayPal’s bid to become a Utah-chartered industrial bank could transform small business lending in the U.S.

Discover how PayPal Holdings, Inc.'s ILC charter could boost SMB lending and digital payments, and expand growth. Click for ...

After PayPal filed to create a new banking unit, digital loan platform Slope launched a new, JPMorgan-backed credit offer to ...

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

The U.S. Attorney's Office alleges Jason Hemingway fraudulently obtained more than $316,000 in PPP loans and used it for ...

Jason L. Hemingway, 47, faces two counts each of bank fraud and making false statements on loan applications, plus three ...

PayPal Holdings, Inc. PYPL announced that it has filed applications to the Utah Department of Financial Institutions and the ...

PayPal Holdings, Inc. has officially submitted applications to the Federal Deposit Insurance Corporation (FDIC) and the Utah ...

MACON, Ga. (WRBL) — A man from Americus, Georgia was sentenced to serve more than five years in prison and pay more than $2 million in restitution for his role in a scheme to obtain COVID-19 relief ...

In 1999, eight years before Apple’s first iPhone release, a Silicon Valley software startup named Confinity introduced what it called a new “killer app.” It was dubbed PayPal.com. The service allowed ...

A co-founder of the lender service company Blueacorn was sentenced to 10 years in federal prison for a $63 million PPP loan fraud scheme. Stephanie Hockridge, 42, was convicted of conspiracy to commit ...

PHOENIX (AZFamily) —A former Phoenix news anchor has been sentenced to 10 years behind bars for taking part in a COVID-19-era loan fraud scheme alongside her husband. On Friday, a federal judge in ...