INSIDER
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.
How freelancers can prepare for changing tax requirements
Read full article: How freelancers can prepare for changing tax requirementsIf youāre a freelancer or gig worker who receives payments via apps like Venmo, Zelle, Cash App or PayPal, your tax reporting requirements will change for the 2024 tax year.
Local woman, SAPD warn of mobile payment app scams
Read full article: Local woman, SAPD warn of mobile payment app scamsA San Antonio woman wanted to be neighborly when she agreed to use a mobile payment app for an online sale. However, she was scammed out of money and now wants to warn others to be more guarded.
Technology built the cashless society. Advances are helping the unhoused so they're not left behind
Read full article: Technology built the cashless society. Advances are helping the unhoused so they're not left behindJust 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.
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.
Venmo to be officially available for teenagers, although many use it already
Read full article: Venmo to be officially available for teenagers, although many use it alreadyVenmo will officially allow teenagers to open an account with their parents' permission, the company said Monday, expanding the popular social payments app to a demographic that is likely to embrace it almost immediately.
Here are some tips so you donāt fall victim to payment app scams
Read full article: Here are some tips so you donāt fall victim to payment app scamsWhile payment apps like Zelle, Venmo, and Cash App make sending money to your friends or for purchases very easy and convenient, Pew Research Center states that about one in 10 people fall victim to payment app scams or hacking.
When the winter storm hit, Texans raised millions of dollars ā for each other
Read full article: When the winter storm hit, Texans raised millions of dollars ā for each otherPeople experiencing homelessness in Dallas receive a hot meal from volunteers with Harvest Project Food Rescue in the aftermath of last week's winter storm. As a result, millions of dollars have been raised by fellow Texans and people across the country who wanted to help. For example, Austin Mutual Aid, launched in March to assist Texans experiencing homelessness during the COVID-19 pandemic, has raised hundreds of thousands of dollars within the past week on GoFundMe alone. The team has helped 17,000 Houston residents following the winter storm, according to their Twitter account. An inch of ice, however, we got to sit there and think for a second.āThe Mutual Aid Houston collective also gained a new temporary focus after the winter storm hit.
KSAT Community Wishlist Wednesday raises more than 24k for Childrenās Shelter
Read full article: KSAT Community Wishlist Wednesday raises more than 24k for Childrenās ShelterSAN ANTONIO ā On, April 8, the KSAT Community Wishlist hosted an all-day fundraiser campaign for The Childrenās Shelter in San Antonio. The Childrenās Shelter is San Antonioās leader in child abuse, neglect prevention and trauma-informed care. The Childrenās Shelter had $3,400 donated through Venmo, and since airing and promoting the KSAT Wishlist Wednesday, the shelterās website generated $24,560! āThank you to KSAT 12 News, their viewers, RBFCU, Energy Transfer, and University Health System for supporting a 24-hour campaign that has generated community support beyond the Amazon Wishlist, Childrenās Shelter donation page, and our Venmo page. KSAT Community operates in partnership with University Health System, Energy Transfer and Randolph-Brooks Federal Credit Union.