Field Notes: It's been a busy year so far for PayPal. During the fintech's fourth-quarter 2023 earnings call, new chief executive Alex Chriss stated the company will aggressively promote its branded checkout service, calling it a critical part of PayPal's value proposition. Branded checkout is when a merchant offers PayPal as a payment option on its site rather than having PayPal process transactions in the background. A few weeks later, PayPal scored a victory over the Consumer Financial Protection Bureau when a U.S. District judge overruled the CFPB's efforts to require PayPal to disclose fees associated with its digital wallets. The judge ruled that wallets are not prepaid cards and therefore not subject to fee-disclosure rules.