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HISTORICAL FACTS: 8 | History Defined

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

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

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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

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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

The Guardian - US

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.

Fortune

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.

The Conversation

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.

Fortune

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.

Windows Central

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

The Independent UK

U.S., European Consumer Watchdogs Start Talks on Digitization Issues in Financial Sector

Pricing, customer service, competition and privacy to be scrutinized.

Kiplinger

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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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Kiplinger

Can You Use a Credit Card on Venmo? Fees, Security and More to Know

Here’s what you need to know before making payments with your credit card over Venmo.

Android Central

Pixel's ties to Google is its biggest strength—but also a weakness

Google’s cautious approach to new software features ensures Pixel users get the best experience, but they might have to be patient.

Kiplinger

Businesses Would Get Lots of Tax Savings Under House GOP Plan Kiplinger Tax Letter

The House GOP tax plan indicates what’s to come if Republicans control Congress and the White House after 2024.

TechRadar

PayPal now lets millions of US businesses accept contactless payments with Tap To Pay

Venmo business profile and PayPal Zettle users will now be able to accept Tap to Pay payments on Android devices.

Evening Standard

OPINION - Prince William’s fight against homelessness could benefit all London

It’s a sight that’s too familiar — the homeless person slumped in a shop door or stretched out in a dirty sleeping bag. Some of the begging signs are worn by familarity, though one enterprising example I saw in Washington read simply “I also take Venmo” (the US payments app).…

Kiplinger

Storing Cash in PayPal, Venmo or Cash App Carries Hidden Risks, CFPB Says

Report suggests using PayPal, other payment apps to store excessive funds could be recipe for disaster.

Fortune

Future of Finance: PayPal’s Fernandez da Ponte on how B2B payments could spur crypto adoption worldwide

PayPal’s crypto lead hopes we will see $1 trillion of stablecoin-dominated assets in five years time.

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