Report: PayPal To Hire 50 Employees For Israel R&D Centers

July 5, 2015 | According to a report in “TheMarker”, PayPal plans to hire 50 additional employees at its Israeli research and development centers. PayPal has had an R&D center in Tel Aviv since 2008 when it acquired the Israeli company Fraud Science. Since, the Israeli R&D center has researched fraudulent activities on PayPal for the international company. Recently, PayPal acquired CyActive for $60 million, which brought the company to establish another R&D center in Beer Sheva.