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The Latest Breaking News from Venmo

Your paycheck could clear faster now that the FedNow instant payment service for banks has launched

The Federal Reserve has launched a new instant payment service that allows banks and credit unions to sign up to send real-time payments so they can offer customers a quicker way to send money between banks

The Independent UK

U.S., European Consumer Watchdogs Start Talks on Digitization Issues in Financial Sector

Pricing, customer service, competition and privacy to be scrutinized.

Kiplinger

Credit, Debit or Cash? Which is Best?

Credit or debit? Cash? Each payment method has pros and cons. Your best bet is to use a combination that meets your own needs.

Kiplinger

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SCOTUS lawyers paid Thomas aide on Venmo

"There is no excuse for it," says former White House ethics chief

Salon

Lawyers with supreme court business paid Clarence Thomas aide via Venmo

Payments to Rajan Vasisht, an aide from 2019-21, underscore ties between the justice and lawyers who argue cases in front of him

The Guardian - US

Twitter owner Elon Musk has taken first steps in creating an ‘everything app’ to rival WeChat. It’s going to be an uphill battle

Despite receiving key regulatory licenses, Musk faces greater challenges in building out his dream app.

Fortune

Can You Use a Credit Card on Venmo? Fees, Security and More to Know

Here’s what you need to know before making payments with your credit card over Venmo.

Kiplinger

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Pixel's ties to Google is its biggest strength—but also a weakness

Google’s cautious approach to new software features ensures Pixel users get the best experience, but they might have to be patient.

Android Central

Businesses Would Get Lots of Tax Savings Under House GOP Plan Kiplinger Tax Letter

The House GOP tax plan indicates what’s to come if Republicans control Congress and the White House after 2024.

Kiplinger

PayPal now lets millions of US businesses accept contactless payments with Tap To Pay

Venmo business profile and PayPal Zettle users will now be able to accept Tap to Pay payments on Android devices.

TechRadar

OPINION - Prince William’s fight against homelessness could benefit all London

It’s a sight that’s too familiar — the homeless person slumped in a shop door or stretched out in a dirty sleeping bag. Some of the begging signs are worn by familarity, though one enterprising example I saw in Washington read simply “I also take Venmo” (the US payments app).…

Evening Standard

Storing Money in PayPal, Venmo or Cash App Carries Hidden Risks, CFPB Says

A Consumer Financial Protection Bureau issue says PayPal and other popular payment apps often sidestep key government protections for your funds.

Kiplinger

Future of Finance: PayPal’s Fernandez da Ponte on how B2B payments could spur crypto adoption worldwide

PayPal’s crypto lead hopes we will see $1 trillion of stablecoin-dominated assets in five years time.

Fortune

Chase Bank Reports Duplicate Zelle Payments Glitch

Chase bank confirmed customer complaints about a Zelle payments glitch registering duplicate transactions.

Kiplinger

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The Independent UK

Money stored in Venmo, other payment apps could be vulnerable, financial watchdog warns.

Customers of Venmo, PayPal and CashApp should not store their money for the long term with these apps since their funds may not be covered by deposit insurance, the Consumer Financial Protection Bureau warned on Thursday

The Independent UK

Aide fired by George Santos says he got his job after sending money to Republican's deputy

A man who briefly worked as an aide to U.S. Rep. George Santos has told House investigators he got his job after sending a series of payments to one of the Republican’s top deputies

Kiplinger

Kiplinger Readers' Choice Awards: Peer-to-Peer Payment Services

The winners of the Kiplinger Readers’ Choice Awards' best peer-to-peer payment services category. Our awards celebrate the very best products and services in personal finance.

The Independent UK

Venmo to be officially available for teenagers, although many use it already

Venmo will officially allow teenagers to open an account with their parents' permission, the company said Monday, expanding the popular social payments app to a demographic that is likely to embrace it almost immediately

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StockNews.com

3 Robinhood Stocks to Buy Now

Leading brokerage platform, Robinhood offers a commission-free, streamlined, and easy-to-navigate trading experience and is highly famous among tech-savvy and beginner investors. While not all stocks traded on this platform possess sound fundamentals, popular Robinhood stocks Alphabet (GOOGL), Visa (V), and Walmart (WMT) could deliver solid returns in the long run.…

Android Central

How to control your privacy settings on Venmo

From hiding current and past payments to adding or removing friends, there are a few useful tricks for making Venmo safer so only people you trust see what you're doing.

Fortune

New Venmo feature lets users transfer crypto to outside wallets—and to each other

Its sister app, PayPal, allowed customers to transfer crypto to outside wallets in 2022.

Fortune

Can a CBDC be truly private?

Government-backed digital currencies are drawing critics from the left and right.

StockNews.com

2 Buy-Rated Stocks, According to a Billionaire

The stock market expected to remain volatile due to persistent concerns about high inflation, interest rate hikes, and a recession. However, investors can consider buying a billionaire’s holdings Visa (V) and Canadian National Railway (CNI). Read on to know why.

The Conversation

You can't hide side hustles from the IRS anymore – here's what taxpayers need to know about reporting online payments for gig work

Do you rent out your home a few weekends a year through Airbnb? Sell stuff on Etsy? Get paid for pet-sitting? If you, like many Americans, make at least US$600 a year with a side hustle of any kind, the way you pay taxes may soon change.

The Independent UK

Idaho murders victim’s pet dog Murphy gets his own Amazon wishlist

Murphy was found unharmed inside the student home in Moscow, Idaho, when Kaylee Goncalves, Madison Mogen, Xana Kernodle and Ethan Chapin were discovered brutally stabbed to death

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