Tag: Max Levchin
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Upgrade or go moribund – PayPal cofounder tells banks
Given the rates at which banks embark on abusive practices, especially unexplainable deductions, PayPal co-founder, Max Levchin has said people don’t trust traditional banks any more, especially millennials; stressing that banks need to upgrade their products to survive. “Not all banks, not all financial institutions are created equal. I speak with a lot of them…