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PayPal Says Personal Data May Be Compromised for 1.6 Million TIO Users

PayPal Holdings Inc. said Friday that personally identifiable information for roughly 1.6 million users has potentially been compromised at a company it acquired earlier this year.

Last month, the payments firm suspended operations, pending a security review, of its TIO Networks unit. That company makes digital bill-payment tools for utilities and other firms and also operates a network of kiosks in physical retail stores.

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