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The Latest Breaking News from Venmo

Do you use Zelle? Here's how to spot increasingly common scams

Credit cards and digital payment apps such as PayPal offer some distinct advantages over cash, including the ability to recover money paid to scammers.

Los Angeles Times

"FIRE Statement on Free Speech and Online Payment Processors"

Seems quite sound to me; here's the introduction and some examples, but read the whole thing: The issue: Online payment processors like Venmo and PayPal often deny Americans access to these vital services based on their speech or viewpoints. The concern: When these companies appoint themselves the arbiters of what…

Reason

Deborah Collier: New video of woman buying lighter adds to mysterious death of mother found burned in ravine

Deborah Collier sent a Venmo payment and a chilling message to her daughter on the day she went missing

The Independent UK

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10 Things That Didn't Exist Last Time Interest Rates Were This High

This afternoon, the FOMC is expected to announce a 75-basis point (BPS) rate hike, bringing federal fund rates to the 300-325 BPS range. This means interest rates will be between 3-3.25% for the first time since before the financial crisis in 2007-2008. More specifically, the Fed began cutting rates in September…

Benzinga

Did someone 'accidentally' send you money on Venmo? You might be getting scammed

I was still in the hazy just-past-newborn phase with my son when someone sent me $500. Between diaper changes and endless bounce sessions on the yoga ball, I got a push notification on my phone.

Los Angeles Times

Facebook Spurred Fed To Help Speed Payments; Is The Digital Dollar Next?

FedNow is part of an open loop, and payers will be able to pay a much wider group of payees who do not have accounts on the same platform.

Investors Business Daily

Meet the Florida mortician selling spooky coffin photo shoots

TAMPA, Fla. — The “corpse” laid in a coffin, wearing a long pink gown and a blank expression. Her hands rested on a dried bouquet. A friend, who had come to mourn, crouched next to her and clutched a rose to her chest.

Tribune News Service

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Why didn't the U.S. aid with Cuba fire?

A humanitarian and ecological disaster unfolded 90 miles from Florida, and the U.S. just sat back and watched

Salon

PayPal Analysts Increase Price Targets Following Earnings Report, Elliott Management's $2B Investment

Analysts are diving into the second quarter earnings report from PayPal Holdings (NASDAQ: PYPL) and evaluating what a $2 billion stake from Elliott Management could mean for the financial technology company's future.

Benzinga

The spectacular implosion of Instagram’s No White Saviors

The group — known for canceling missionaries and aid workers for alleged misdeeds — is embroiled in some very ugly scandals of its own.

Input

Our obsession with stories of bad hosts

What hospitality looks like differs from culture to culture. Behind a computer screen, that nuance is lost

Salon

Mizuho's Bullish Re-Rating On PayPal Had An Apple Connection - Read To Know

Mizuho analyst Dan Dolev's proprietary survey of PayPal Holdings, Inc's (NASDAQ:PYPL) Venmo and Apple Inc (NASDAQ:AAPL) Apple Pay exhibited a "strong appetite" to tap to pay with Venmo if Apple opened up its near field communication to Venmo. Dolev estimates that tap-to-pay with Venmo could present a 10% total payment volume and 15%-20% sales upside given Venmo's…

Benzinga

Lori Borgman: The Venmo solution to the high cost of living

The message painted on a car window in the parking lot said, "Honk!! Just Married-Venmo @. . . " followed by a woman's name.

Tribune News Service

Cawthorn and aide had lewd nicknames for Venmo transactions

Comes as part of a House Ethics Complaint

The Independent UK

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The Guardian - US

Tax day: Venmo and PayPal users face more paperwork under new US rules

Americans paid through digital payment service required to notify IRS of payments amounting to more than $600 a year, down from $20,000

Sports Illustrated

Wild Center Receives Venmo Payments from Fans to Pay for Fine

Ryan Hartman plans to donate all the money he received.

The Independent UK

‘Broke’ college student reveals how donations on Venmo helped pay for her gas money on road trip

‘Ask and you shall receive gas’

Investors Business Daily

5 Best Digital Wallets Based On Consumer Ratings

Apple, Google, Amazon and many others play in the fast-growing fintech field of digital wallets. What do consumers think of their services? Our survey ranks the major players.

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news in one place.

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Los Angeles Times

Getting paid on Venmo or Cash App? There's a tax for that

If you're a U.S. citizen making money from the sale of goods or services, the IRS considers it taxable income regardless of how or where you're paid. But some sellers have tried to fly under the feds' radar by taking payments through an online app, such as Paypal or Venmo,…

Input

Plaid probably owes you some money after its legal settlement

If you used financial apps like Venmo, Robinhood, and American Express between 2013 and 2021, chances are you qualify.

TechRadar

Venmo review

Use Venmo to send money to friends and pay for things on the go.

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