Authorised Push Payment (APP) fraud is the most common type of financial scam in the UK, costing the economy roughly £450.7 million in 2024 alone. It works simply by tricking individuals and ...

After a fraudulent $99 charge hit her PayPal account last month, Robin DesCamp encountered one frustrating bump after another as she navigated the world of digital payment app policies. She flagged ...

Fintechs, short for financial technology companies, are not banks. They are technology firms that use software to deliver ...

Wallets are a thing of the past. Well, kind of. It's still good to carry a physical wallet with you, just in case, but if you do forget it at home you can always fall back on a virtual one. Modern ...

The digital payment network Zelle announced that it serviced $1 trillion in payments last year — the highest volume ever, it says, for a peer-to-peer payment app. Almost three-quarters of consumers in ...

Under the American Rescue Plan of 2021, payment apps like Venmo, PayPal and Cash App were ordered to send 1099-K tax forms to the Internal Revenue Service (IRS) and to people who earned at least $600 ...

Person-to-person money transfers are no longer available through the Zelle standalone mobile app. Users must be enrolled in one of the "more than 2,200 banks and credit unions" that offer Zelle to ...

Paytm has introduced a new and enhanced version of its app with a cleaner and more intuitive UI, smarter payment history and even AI driven insights. In a release about the new update, Paytm says that ...

Cash App, the mobile payment service, has been ordered to pay $15 million in damages as part of a settlement. According to a class-action lawsuit, plaintiffs sued Cash App Investing and Block Inc. for ...

A finance wiz has issued a warning about storing certain types of payment methods in digital wallets. Anadolu Agency via Getty Images Bank on this cyber security trick. A financial guru recently ...