PayPal has to pay a $2 million settlement over a data breach from 2022 and ensure MFA for logins of all US customers.
It's almost impossible to predict whether a stock can turn investors into millionaires one day. However, PayPal's durable growth and competitive strengths certainly resemble traits of a high-quality business. It's also very profitable, with an operating margin in the high teen percentages.
A major payment pioneer embraces stablecoins, transforming cross-border transfers and reshaping the future of finance.
PayPal Holdings Inc. will pay $2 million to settle claims that it mishandled an update to its tax-reporting protocols to comply with federal pandemic-era requirements and exposed customers’ Social Security numbers,
Analysts expect its revenue and GAAP EPS to have grown 6% and 4%, respectively, in 2024. For 2025, they expect its revenue and GAAP EPS to rise 6% and 17%, respectively, as the macroeconomic environment improves and it expands its ecosystem. That stable growth indicates it can keep growing over the long term without eBay's support.
After navigating a challenging period, PayPal (NASDAQ: PYPL) is positioning itself for a comeback under the leadership of CEO Alex Chriss, who took over the top job in 2023 with a renewed focus on innovation and serving small businesses.
PayPal's stock has gained over 40% in six months, but long-term technicals and fundamentals indicate potential overvaluation and weakness. Read more here.
PayPal, Inc., one of the world’s leading financial technology firms, has agreed to pay a $2 million penalty to New York State following a cybersecurity breach that exposed sensitive customer information, including Social Security numbers.
PayPal Chief Product Officer John Kim has entered into a separation agreement with the company and plans to leave his position on March 31, according to a filing with Securities and Exchange Commission on Wednesday.
The settlement detailed the missteps PayPal took in the lead-up to the attack and highlighted common risks — both on compliance and security — banks face.
New York State has announced a $2,000,000 settlement with PayPal over charges it failed to comply with the state's cybersecurity regulations, leading to a 2022 data breach.
According to a consent order, PayPal discovered the problem after a security analyst on Dec. 6, 2022 read an online message.