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The Latest Breaking News from Venmo

3 Financial Stocks Delivering Exciting Returns

The financial services industry is well-positioned for robust growth owing to evolving consumer preferences, technological advancements, and global economic trends. Thus, it could be wise to invest in quality financial stocks LendingTree (TREE), PayPal (PYPL), and FirstCash (FCFS) for substantial gains. Continue reading….

StockNews.com

Businesses can now use iPhones to accept Venmo and PayPal payments with Apple's Tap to Pay feature in the United States

Businesses can now use Apple's Tap to Pay feature to accept contactless Venmo and PayPal payments using iPhones.

iMore

Manhattan DA Urges Payment Apps To Improve Security Features

Incidents of payment app fraud and theft are on the rise and extend beyond NYC, Manhattan DA says.

Kiplinger

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Venmo Urged To Protect Users From Scams — Again

Lawmakers called out Venmo and Cash App, once again, over scams and their ability 'to keep customers' money safe.'

Kiplinger

Is Now the Right Time to Invest in PayPal (PYPL) and 360 Finance (QFIN)?

Sustained demand for consumer finance products and services and rapid digital transformation will create lucrative opportunities for financial service providers. Moreover, financial organizations benefit from a high-interest rate environment. Amid this, let’s determine if it is the right time to invest in financial stocks PayPal (PYPL) and 360 Finance (QFIN).…

StockNews.com

Amazon To Quit PayPal's Venmo in January

Amazon.com and Amazon mobile app users won't be able to use Venmo as a payment option starting next month.

Kiplinger

Technology built the cashless society. Advances are helping the unhoused so they're not left behind

Just as technological shifts created the cashless society, further advances are now helping charitable groups and advocates for the unhoused reach those most in danger of being left behind

The Independent UK

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Amazon will soon stop letting you pay using Venmo

Fourteen months after Amazon added Venmo support, the ecommerce giant has pulled the plug.

TechRadar

‘Bank jackings’ in Chicago see robbers drain victims’ accounts with their phone apps

They grab cellphones and demand pass codes to banking apps like Zelle and Venmo. A Chicago architect who lost more than $2,000 that way says: “Don’t have any banking apps on your phone.”

Chicago Sun-Times

4 ways to get cash from your credit card when you’re in a bind

Many cards offer the option of withdrawing cash–sometimes even without costly fees. Here are 4 ways to get cash back with a credit card in an emergency.

Fortune

Apple's being sued by Venmo and Cash App users over iPhone crypto transfer fees

Apple is being sued by users of some finance apps because they aren't allowed to use crypto with them thanks to App Store rules.

iMore

IRS delays new online sellers’ tax reporting threshold - Roll Call

The IRS is postponing a lower threshold for reporting online sales and gig work by another year until 2024.

Roll Call

PayPal Receives SEC Subpoena Over PYUSD Stablecoin

SEC's enforcement division requests documents from PayPal regarding its USD-pegged stablecoin

Zenger

What Wall Street Expects From PayPal's New CEO

When PayPal Holdings reports third quarter earnings on Nov. 1, it'll give new Chief Executive Alex Chriss his first chance to lay out his turnaround strategy.

Investors Business Daily

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The Guardian - US

Revealed: far-right Oath Keepers kept up dues payments after Capitol attack

Venmo records show members of rightwing militia paid vice-president for months after group’s January 6 role was exposed

Fortune

PayPal adds its PYUSD stablecoin to Venmo in push to expand crypto reach

The payments giant recently unveiled its new stablecoin to much fanfare, but PYUSD has yet to supplant other stablecoin giants like Tether or USDC.

The Conversation

IRS is using $60B funding boost to ramp up use of technology to collect taxes − not just hiring more enforcement agents

The Internal Revenue Service is getting a funding boost thanks to the Inflation Reduction Act, which President Joe Biden signed into law in 2022.

Fortune

PayPal's push into stablecoins could pay off big time

Crypto purists may hate PayPal's stablecoin, but the company's shareholders will come to love it.

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Windows Central

Microsoft and PayPal team up to bring Venmo support to Xbox

The Microsoft Store on Xbox has been limited to just credit and debit card payments or PayPal as your option for a long while, but now PayPal has teamed up with Microsoft to bring Venmo to the Microsoft store.

The Independent UK

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

Kiplinger

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.

Salon

SCOTUS lawyers paid Thomas aide on Venmo

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

The Guardian - US

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

Fortune

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.

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