WASHINGTON, D.C. (January 16, 2020) /3BL Media/ — Polaris, a leader in combating human trafficking, today announced the creation of a newly formed Financial Intelligence Unit. The Financial Intelligence Unit, which is made possible by financial and subject matter support from PayPal, is designed to leverage intelligence from the U.S. National Human Trafficking Hotline and other sources to interrupt trafficker cash flows and enable prosecutions for financial crimes including money laundering.
Over $1 billion processed during holiday season and over $100 million processed on GivingTuesday
SAN JOSE, Calif., January 16, 2020 /3BL Media/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced that it processed a record $10.3 billion in donations to charities around the world in 2019, and more than $1 billion in the month of December alone, as mobile and other digital channels continue to change how donors engage with nonprofit organizations.
Over the last two months, bushfires in Australia have killed at least 28 people, destroyed more than 2,200 homes, and ravaged 25 million acres of land. Australia’s renowned wildlife and unique ecosystems are taking a devastating toll, with hundreds of millions of animals perishing. Throughout the country Australians are coming together to help feed, house and support those impacted – and people around the world are coming together in amazing ways to show support.
GivingTuesday is a global giving movement empowering people and organizations to transform their communities and create the world they want to live in. In a world that can sometimes be all too divided, GivingTuesday makes generosity and giving a part of everyday life, bringing people of all backgrounds, cultures and communities together to support the causes they care about most – and to make a difference.
There are many ways that PayPal supports good causes, from enabling nonprofits to raise money using online tools to powering corporate initiatives that encourage their customers to do the same. In 2018, 55.1 million people from over 200 markets contributed $9.6 billion to more than 665,000 charitable organizations via PayPal.
Madeleine Albright was the first woman to serve as the U.S. Secretary of State. She was also Ambassador to the United Nations and a recipient of the Presidential Medal of Freedom, the highest civilian honor in the United States. Her accolades and honors are as extensive as her brooch collection, which she uses as a form of personal expression.
PayPal President and CEO, Dan Schulman, speaks with Alex Cross, President of Serve on the importance of helping veterans return to civilian life after their military service.
Multimedia with summary
This Veterans Day, PayPal President and CEO, Dan Schulman, spoke with Alex Cross, President of Serve – PayPal’s employee resource group for veterans and allies. The two discussed the importance of helping veterans successfully transition from military service into civilian careers, why veterans are an important talent pool, and the unique skill sets veterans bring to the workforce.
PayPal’s international money transfer service works with Walmart and Ria to offer cash pick-up in minutes at 4,700 Walmart and 175 Ria locations across the country
SAN JOSE, Calif. November 12, 2019 /3BL Media/ – Xoom, PayPal’s international money transfer service, today rolled out the ability for customers to send money to recipients in the U.S. for the first time. Through strategic alliances with Walmart and Ria, Americans can now use Xoom to send money fast for cash pick-up typically in minutes at nearly 5,000 locations across the country*.