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The Risks of Storing Money in Apps Like Venmo and Cash App

The Consumer Financial Protection Bureau is warning that the funds may be at risk if the app’s parent company runs into trouble.

Ann Carrns
Author: Ann Carrns

Written by

Ann Carrns

in

Consumer Financial Protection Bureau, Consumer Protection, Content Type: Service, Deposit Insurance, Federal Deposit Insurance Corp, Mobile Applications, Mobile Commerce and Payments, Personal Finances, Regulation and Deregulation of Industry
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