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

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. Read full story

Source : https://www.thestar.com.my/tech/tech-news/2023/06/02/money-stored-in-venmo-and-other-payment-apps-could-be-vulnerable-us-financial-watchdog-warns

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