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.
U.S. health officials are alerting consumers about two more recalls of eyedrops due to contamination risks that could lead to vision problems and serious injury.
The U.S. Department of Agriculture is proposing a new rule to narrow what products qualify for a "Product of USA” or “Made in the USA” label. Now only meat, poultry and egg products from animals "born, raised, slaughtered, and processed in the United States" will make the grade.
The Biden administration sued to block JetBlue Airways' $3.8 billion purchase of Spirit Airlines, saying Tuesday that the deal would reduce competition and drive up air fares for consumers.
