PayPal is a pioneer in the fintech revolution, pushing boundaries in the new era of finance. Louise Pentland, EVP, Chief Business Affairs and Legal Officer at PayPal, was with us to discuss how the company is disrupting the industry and building an inclusive culture.
PayPal’s top lawyer focuses on the company’s financial, regulatory and legal requirements across all global markets. Pentland shared how she is working with regulators around the globe to expanding its footprint and evolving the fintech ecosystem. Pentland said PayPal prides themselves on being a customer champion. The key, she adds, is to help regulators understand technology and have the customers best interest at heart.
Mentorship is important part of PayPal’s culture. Pentland said the key lesson she shares is inclusion. The company kicked off its Senior Leadership Women’s Venture. She said diversity breeds diversity because people hire people from their own networks. PayPal has 45% diversity on their board. Pentland said diversity starts at the top and is driven through the ranks of the company.
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Debt ceiling talks are underway in Washington, DC ahead of a default deadline. Michael Rosen, chief investment officer with Angeles Investments, joined Cheddar News to explain how a potential default could affect investment portfolios, among other items, for Americans.
Australia's government announced regulations for buy now, pay later services, which will be labeled as consumer credit products, which puts them under the country's Securities and Investments Commission's watch.
Walmart is reportedly teaming up with pet telehealth provider Pawp, giving subscribers unlimited access to vet services via video and text, starting on Tuesday.
Cheddar News checks in to see what's on The Day Ahead, which will include earnings from Lowe's, Dick's Sporting Goods, BJ's and AutoZone along with new home sales data. In addition, Microsoft's Build 2023 Developer Conference is slated to kick off for software engineers and web developers.
