After a fraudulent $99 charge hit her PayPal account last month, Robin DesCamp encountered one frustrating bump after another as she navigated the world of digital payment app policies. She flagged ...
It's easier than ever to bank and send mobile payments on your phone, but it's also easier than ever to get ripped off. Mobile payment apps like Cash App, Venmo, and Paypal are no stranger to scams, ...
NEW YORK (AP) — Connor Tomasko grew up wary of credit cards. As she taught herself more about managing money, she realized that many people also have bad habits when it comes to payment apps. Tomasko, ...
Consumer advisor Clark Howard is advising people about the risks associated with using payment apps, telling users ways to protect their money. Howard has long cautioned against the dangers of payment ...
In an age where few people are carrying around cash, peer-to-peer (P2P) payment apps like PayPal, Venmo, Cash App and Zelle make it easy to send and receive money. People are turning to these apps now ...
New guidance from the Consumer Financial Protection Bureau said you should not store your money in payment apps. The reason, many of them lack deposit insurance.
Today, the Consumer Financial Protection Bureau (CFPB) finalized a rule to supervise the largest nonbank companies offering digital funds transfer and payment wallet apps, such as Apple Pay. The rule ...
CORRECTION: An earlier version of this story indicated in its headline that Zelle was not previously regulated by the Consumer Financial Protection Bureau. This was not correct. A Zelle spokesperson ...