Could paper checks be on the way out, like the penny? [CNN]
PayPal Holdings, Inc. (PYPL)
Last paypal holdings, inc. earnings: 1/29 04:15 pm
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Source: CNN
But there have been quiet moves to stop using paper checks as well. The government stopped sending out most paper checks to recipients as of the end of September, part of an effort to fully modernize federal benefits payments. And on Thursday the Federal Reserve put out a notice that suggested it is considering – but only considering – the “winding down” of checking services it now provides for banks. The central bank's statement said that as an alternative to winding down those services, it is mulling more investment in its check processing services, but noted that would come at a higher cost. But it is also considering not making any such investments, in order to keep costs roughly unchanged. That would lead to reduced reliability of those services going forward. “Over time, check use has steadily declined, digital payment methods have grown in availability and use, and check fraud has risen,” said the notice from the Fed. “Also, the Reserve Banks will need to make substantial
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PYPL
News
- PayPal (NASDAQ:PYPL) had its price target lowered by analysts at Deutsche Bank Aktiengesellschaft from $75.00 to $65.00. They now have a "hold" rating on the stock.MarketBeat
- Did PayPal's AI-Native Checkout Push with Perplexity Just Shift PayPal Holdings' (PYPL) Investment Narrative? [Yahoo! Finance]Yahoo! Finance
- PayPal For Agents: Startup Launches Autonomous Payments For AI Agents [Forbes]Forbes
- PayPal (NASDAQ:PYPL) had its "neutral" rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a $70.00 price target on the stock.MarketBeat
- PayPal Holdings, Inc. (PYPL) Presents at UBS Global Technology and AI Conference 2025 Transcript [Seeking Alpha]Seeking Alpha
PYPL
Earnings
- 10/28/25 - Beat
PYPL
Sec Filings
- 12/1/25 - Form 4
- 11/20/25 - Form 4
- 11/19/25 - Form 144
- PYPL's page on the SEC website