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Digital payment apps face new federal oversight under new Consumer Financial Protection Bureau rule
Read full article: Digital payment apps face new federal oversight under new Consumer Financial Protection Bureau ruleThe Consumer Financial Protection Bureau has finalized a new rule introducing federal oversight for major digital payment apps like Venmo, Cash App, and PayPal. The rule takes effect 30 days after its publication in the Federal Register.
Stock market today: Asian stocks are mostly higher as Bank of Japan raises benchmark rate
Read full article: Stock market today: Asian stocks are mostly higher as Bank of Japan raises benchmark rateAsian stocks are mostly higher following a decision by the Bank of Japan to raise its benchmark interest rate.
Scammers impersonate these big brands the most to steal your money
Read full article: Scammers impersonate these big brands the most to steal your moneyGet an unexpected email or text from Best Buy or Amazon? Be careful. Those are two of the companies scammers impersonate the most, according to the Federal Trade Commission.
Texas man scammed out of $80k when he tried to do the right thing
Read full article: Texas man scammed out of $80k when he tried to do the right thingWhen a Texas businessman noticed fraudulent activity on his account, he tried to do the right thing. Now, he's out $80,000 and sharing his devastating story to warn others.
How PayPal is using AI to combat fraud, and make it easier to pay
Read full article: How PayPal is using AI to combat fraud, and make it easier to payArtificial intelligence has been the buzzword of 2023 ever since ChatGPT made its public debut earlier this year, with businesses, schools, universities and even non-profits looking for ways to integrate AI in their operations.
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
Read full article: Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warnsCustomers of Venmo, PayPal and CashApp should not store their money with those apps for the long term because the funds may not be covered by deposit insurance.
Kamala Harris art, 'Daily Show' lead Anthem Awards finalists
Read full article: Kamala Harris art, 'Daily Show' lead Anthem Awards finalistsAn art installation inspired by Vice President Kamala Harris, The New York Timesā āThe 1619 Projectā and āThe Daily Show with Trevor Noah,ā as well as charitable programs from Airbnb, Google, PayPal and the National Football League, are among the finalists for the inaugural Anthem Awards announced Tuesday.
Bexar County residents are being targeted in Paypal scam, District Attorney says
Read full article: Bexar County residents are being targeted in Paypal scam, District Attorney saysSAN ANTONIO ā Bexar County District Attorney Joe Gonzales on Wednesday announced that area residents are being targeted in a Paypal scam. Scammers are calling Bexar County residents claiming that a warrant has been issued for their arrest and that they must immediately send payment via Paypal, Gonzales said. It has come to the attention of the Bexar County Criminal District Attorney's Office that scam artists are calling Bexar County residents claiming that a warrant has been issued for their arrest and they must immediately send payment via Paypal. (1/3) pic.twitter.com/3CphAq0upm ā Bexar County District Attorney Joe Gonzales (@BexarCountyDA) February 3, 2021According to Gonzales, even though the callers can sound convincing, the calls are fake. Related: Beware of Bexar County jury duty scam making the rounds again