As fewer people carry cash, vendors, street performers and people experiencing homelessness and unemployment are at a disadvantage.
Category: Venmo
-
Sex Workers Have Been Shunned by Banks, Even When Their Work Is Legal
Financial service companies often avoid what they deem high-risk industries like adult entertainment. When workers lose their accounts, they are left with few options.
-
CFPB Moves to Expand Oversight of Digital Payment Apps
A proposed new rule would subject Google, Apple, PayPal and other digital wallet providers to the same scrutiny banks face.
-
You’ve Got (Scam) Mail
Is everyone being swindled all the time and just not talking about it?
-
What You Need to Know for the 2023 Tax Season
The New York Times – Business:Doing taxes in 2023 feels a lot like it did before the pandemic. Still, there are some meaningful changes to keep in mind.
-
How Young Couples Talk About Money in Relationships
The New York Times – Business:In an age when making Venmo payment requests is easy, many young couples find that discussing their finances can be hard.
-
Easy to Use, Mobile Payment Apps Are Also Easy to Misuse
The New York Times – Business:While they have taken steps to help prevent mishaps, a new report finds they offer few protections if, for instance, users accidentally send money to the wrong person.