PayPal Holdings Inc. this week applied to become a bank in the United States in a move that the fintech company hopes can unlock long-term monetization opportunities. Bloomberg News Consumer Finance Reporter Paige Smith and Bloomberg Intelligence Global Fintech and Payments Analyst Diksha Gera break down the decision and discuss whether other companies plan to follow suit. Paige and Diksha join Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.