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Friday, March 15, 2002 |
PayPal Runs Up Against Competition. PayPal has reached a fork in the road. At one end lies an Internet success story; at the other is a bottomless pit. The service could be a test-market fall guy for major banks and credit cards cautiously waiting for the market to develop. [ Forbes Magazine ]
12:47:20 PM
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Feds: PayPal not a bank. Federal regulators have boosted the online payments company's contention that it is not a bank and shouldn't be regulated as one. [CNET News.com]
12:32:04 PM
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© Copyright 2002 Russ Jones.
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