At a time when payment winners must command either infrastructure or interface, PayPal is awkwardly positioned between the two.
The questions now are: Where does PayPal sit in the payments ecosystem, and does that position still matter? What unique role does it play in a stack that increasingly bypasses middle layers?
Legacy treasury systems force companies to manage dozens of accounts manually. Virtual account management offers a modern fix without replacing core infrastructure.
KeyBank's Bennie Pennington and Qolo's Patricia Montesi discuss building a real-time VAM platform together, processing $40B+ in transactions.
The wave of charter filings in the first quarter of 2026 underscores shifts in fintech business and regulatory dynamics.
Direct supervision by banking regulators is demanding, but fintechs increasingly see it as offering greater operational certainty than fragmented licensing and partner oversight.
