Following an order from the Consumer Financial Protection Bureau announced Tuesday (May 19), PayPal has agreed to pay the imposed fine of $25 million related to deceptive credit accusations from the agency. As part of a consent order from CFPB against PayPal, the payments company will refund $15...
A partnership between a payment processor and an accounting service seems like a home run for business owners. PayPal and QuickBooks have done just that, and gone a step further by creating a mobile application for businesses to even more easily balance the books. The...
PayPal Working Capital is now lending $2 million a day in the United States alone. In total, the 18-month-old small business loan program revealed this week that it has lent $500 million to 40,000 businesses across the globe. Primarily serving small- and mid-sized businesses, the...
March 23, 2022
Apple has bought the U.K. open banking startup Credit Kudos, for about $150 million a report said Wednesday (March 23). The deal closed earlier this week. Credit Kudos’ services offer insights and scores on loan applicants drawn from bank data, particularly transaction and loan outcome data. It’s sourced from the U.K.’s open banking framework. The […]
May 20, 2015
A partnership between a payment processor and an accounting service seems like a home run for business owners. PayPal and QuickBooks have done just that, and gone a step further...
