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NewsBriefs

This article contains excerpts from news stories recently posted under potential overreach, with legal analysts suggesting exist-
Breaking Industry News on our homepage. For links to these and other ing guidelines already address the issues raised.
full news stories, please visit www.greensheet.com/breakingnews.
php. Analysts betting on a PayPal comeback
Despite PayPal's facing economic challenges and a decline
in share prices, analysts are bullish on the company's
stock, citing a recent reorganization and robust product
roadmap. Stocklytics.com and The Motley Fool highlight-
ed PayPal's commendable 9 percent year-over-year reve-
nue growth under CEO Alex Chriss, which translated into
an 18 percent increase in earnings.

Industry leaders push for business-friendly policies Challenges stemming from increased competition since
PayPal's spinoff from eBay in 2015 were noted, but analysts
Critics on both sides of the Atlantic raised concerns about see potential for a turnaround, particularly with PayPal's
the oversight and budgetary measures in the United States new product, Fastlane, aimed at improving checkout effi-
and UK, particularly regarding support for small busi- ciency. With shares trading at under nineteen times earn-
nesses. The UK's Spring Budget and the US Consumer ings, PayPal is expected to recover, suggesting positive
Financial Protection Bureau faced criticism for favoring implications for Main Street and Wall Street.
individuals over business owners.
BNPL now just another payment option
Chancellor Jeremy Hunt's UK Spring Budget, aimed at A recent report from the Federal Reserve Bank of New
long-term growth, was deemed insufficient by Scott Daw- York highlighted the increasing popularity of buy now,
son of DECTA, who argue that it largely excludes business pay later (BNPL) options, particularly among financially
owners. In the United States, the CFPB's recent measures fragile Americans. Despite limited data due to regulation
targeting financial service providers were criticized for gaps, the New York Fed's survey revealed insights into

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