PayPal funds academic research on illegal firearms transactions

NEW YORK (Reuters) - PayPal Holdings Inc is teaming up with criminologists and experts at several universities to probe the payment systems used in the trafficking of illegal firearms in the United States, the company said on Tuesday.The research aims to help financial companies and law enforcement understand what types of payment methods are used to finance illegal transactions and prevent them from taking place, PayPal executives said.The effort will be led by the Centre on Crime and..