Tag: Paypal

Paypal, Polaris Join Forces to Fight Human Trafficking

Stuart Mitchell

Polaris, has announced the creation of a newly formed Financial Intelligence Unit.  The Financial Intelligence Unit, which is made possible by financial and subject matter support from PayPal, is designed to leverage intelligence from the U.S. National Human Trafficking Hotline and other sources to interrupt trafficker cash flows and enable prosecutions for financial crimes including money laundering. Through this initiative, these organizations, each with a long history and unique knowledge and expertise in combatting human trafficking, are teaming up to find new, innovative ways for the anti-money laundering community to…

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PayPal Processed Record $10 Billion in Charitable Donations in 2019

Stuart Mitchell

PayPal has announced that it processed a record $10.3 billion in donations to charities around the world in 2019, and more than $1 billion in the month of December alone, as mobile and other digital channels continue to change how donors engage with nonprofit organizations. Twenty-one percent of all donations processed by PayPal in 2019 were made through mobile devices. “Our efforts to drive social impact and create value for all of our stakeholders continue to expand. We are continually inspired by the generosity of the expanding PayPal community, which continues to reach new…

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Village Capital, MetLife Foundation, and PayPal Launch Finance Forward

Stuart Mitchell

Village Capital has announced the launch of Finance Forward — a global coalition created with MetLife Foundation, PayPal, and local partners to support more than 100 early-stage entrepreneurs building tech-enabled solutions around financial health in the United States, Latin America, Europe, the Middle East and India. Finance Forward will provide capacity-building support for entrepreneurs in the program, as well as $850,000 in capital through grants and direct investments. Based on the past results of Village Capital accelerator programs, the coalition is aiming to drive at least $10 million in follow-on…

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LEGO, Paypal, and Samsung Named the UK’s Most Reputable Companies

Stuart Mitchell

Reputation Institute (Ri), the global leader in reputation intelligence, today announced the 2019 UK RepTrak® rankings. Lego tops the ranking with the best reputation in the UK, closely followed by PayPal and Samsung. LEGO returns to the top spot, a position it last held in 2016. Family-owned Warbutons is the only UK business in the Top 10. Technology firms PayPal and Netflix both made significant improvements to enter the Top 10 for the first time. This year’s top 10 companies with the best reputations in the UK are: LEGO PayPal…

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PayPal Community Donates $1 Billion During Holiday Season

Stuart Mitchell

Dan Schulman, President and CEO of Paypal has revealed on a post on their Paypal Stories page that the Paypal Community used the platform to donate over $1bn over the festive season and $8.5bn over 2017 as a whole. The post read: “At PayPal, we pride ourselves on always looking forward and never standing still. By challenging ourselves to do better and work harder we can better serve our customers and move further towards fulfilling our mission of democratizing financial services. With that said, however, I spent some time over…

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