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If you use PayPal to send or receive payments, you might soon be able to handle more of your business finances in one place. PayPal is aiming to become your small business bank. PayPal recently filed with Utah’s Department of Financial Institutions and the FDIC to get PayPal Bank off the ground. If it gets the green light, small businesses could see quicker access to loans and simpler ways to manage money. The idea is straightforward: make lending easier for small businesses and give them less reason to rely on traditional banks. Why This Move Makes Sense for PayPal (And [...]