Security systems at PayPal recently failed, causing banks to block tens of billions of euros in PayPal direct debits. Photo: picture alliance/dpa / Sebastian Kahnert Recent disruptions at US-based ...

A security system failure at PayPal caused banks to halt direct debits worth billions. The company says the problem has now been resolved. Security systems at US payment service provider PayPal that ...

A "technical problem" at Paypal apparently caused security systems to fail. These are used to detect and filter fraudulent transactions. According to the Süddeutsche Zeitung, German banks had ...

PayPal is looking to expand into something closer to a real bank, according to a report in The Wall Street Journal. It’s beginning to roll out more traditional banking services to customers, including ...

Chanelle Bessette is a personal finance writer at NerdWallet covering Banking, especially Checking Accounts and Cash Management Accounts. She previously worked at Fortune, Forbes and the Reno ...