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

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

NEW YORK (AP) — Customers of Venmo, PayPal and CashApp should not store their money with those apps for the long term because the funds might not be safe during a crisis, the Consumer Financial Protection Bureau warned Thursday. The alert comes several weeks after the failure of Silicon Valley…Read More

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