PayPal goes minimalist
For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day.
While other companies are trying to figure out how to protect their massive reserves of data, PayPal is taking the "less is more" approach.
The company filed a patent application for tech that reduces the "overcollection of unstructured data." When PayPal receives a piece of unstructured data, it uses machine learning to determine which information is personally identifiable information like an address, social security number or a photo.
Source Fool.com
Paypal Holdings Inc Stock
The stock is one of the favorites of our community with 50 Buy predictions and 2 Sell predictions.
As a result the target price of 78 € shows a positive potential of 34.32% compared to the current price of 58.07 € for Paypal Holdings Inc.