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The Latest Breaking News from Venmo

Why The Government Is Telling You To Stop Storing Cash In Venmo

Digital payment apps including Cash App, Venmo, and Apple Pay come with a special set of risks.

The Street

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

Customers of Venmo, PayPal and CashApp should not store their money for the long term with these apps since their funds may not be covered by deposit insurance, the Consumer Financial Protection Bureau warned on Thursday

The Independent UK

Aide fired by George Santos says he got his job after sending money to Republican's deputy

A man who briefly worked as an aide to U.S. Rep. George Santos has told House investigators he got his job after sending a series of payments to one of the Republican’s top deputies

The Independent UK

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Kiplinger Readers' Choice Awards: Peer-to-Peer Payment Services

The winners of the Kiplinger Readers’ Choice Awards' best peer-to-peer payment services category. Our awards celebrate the very best products and services in personal finance.

Kiplinger

Venmo to be officially available for teenagers, although many use it already

Venmo 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

The Independent UK

3 Robinhood Stocks to Buy Now

Leading brokerage platform, Robinhood offers a commission-free, streamlined, and easy-to-navigate trading experience and is highly famous among tech-savvy and beginner investors. While not all stocks traded on this platform possess sound fundamentals, popular Robinhood stocks Alphabet (GOOGL), Visa (V), and Walmart (WMT) could deliver solid returns in the long run.…

StockNews.com

How to control your privacy settings on Venmo

From hiding current and past payments to adding or removing friends, there are a few useful tricks for making Venmo safer so only people you trust see what you're doing.

Android Central

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New Venmo feature lets users transfer crypto to outside wallets—and to each other

Its sister app, PayPal, allowed customers to transfer crypto to outside wallets in 2022.

Fortune

Can a CBDC be truly private?

Government-backed digital currencies are drawing critics from the left and right.

Fortune

2 Buy-Rated Stocks, According to a Billionaire

The stock market expected to remain volatile due to persistent concerns about high inflation, interest rate hikes, and a recession. However, investors can consider buying a billionaire’s holdings Visa (V) and Canadian National Railway (CNI). Read on to know why.

StockNews.com

You can't hide side hustles from the IRS anymore – here's what taxpayers need to know about reporting online payments for gig work

Do you rent out your home a few weekends a year through Airbnb? Sell stuff on Etsy? Get paid for pet-sitting? If you, like many Americans, make at least US$600 a year with a side hustle of any kind, the way you pay taxes may soon change.

The Conversation

Idaho murders victim’s pet dog Murphy gets his own Amazon wishlist

Murphy was found unharmed inside the student home in Moscow, Idaho, when Kaylee Goncalves, Madison Mogen, Xana Kernodle and Ethan Chapin were discovered brutally stabbed to death

The Independent UK

First Thing: global markets gripped by Silicon Valley Bank collapse

Bank shares slide around world amid panic caused by SVB failure as its parent company and two top executives are sued by shareholders. Plus, what’s next for Escobar’s hippos?

The Guardian - UK

‘She’d been sending herself payments from me’: Venmo users on discovering secrets on the app

Two in five Venmo users reveal ‘sensitive information’ on the app – we hear from those who discovered something big

The Guardian - US

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The Independent UK

Tinder, DoorDash and Venmo among dozens of businesses issued search warrants in Idaho murders case

While some of the warrants sought information about Bryan Kohberger, others sought information about the victims – such as access to their Facebook and Snapchat accounts

The Street

Nobel Economist Krugman Calls Out Venmo

The economist says he was unable to make payments via the popular app. Neither Venmo nor parent PayPal was able to fix the problem.

The Street

What Are Liquid Assets and What Are the Best Ones?

Liquid assets are a necessary financial strategy for individuals—especially those who need a fast cash infusion and might otherwise have their money tied up in illiquid—or hard-to-access— financial accounts. Consider a household emergency, like a home destroyed by a hurricane or a son or daughter ...

USA Today Sports Media Group

Former Ohio State QB C.J. Stroud said some Buckeyes fans sent him critiques on Venmo

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Sports Illustrated

Yankees’ Rodón Explains What He’ll Do With Fans’ Venmo Payments

Rodón shared a story on Thursday about the whereabouts of money he received from fans as a part of a recruiting ploy during free agency.

Sports Illustrated

Ohio State’s C.J. Stroud Says Fans Criticized Him on Venmo App

The Buckeyes quarterback was not immune to criticism from his fan base.

The Philadelphia Inquirer

Dude, you owe me $2: 'Venmo Vultures' scrape for small debts in a tight economy

See them circling? Feel their gaze?

WEKU

Your tax refund will likely be smaller this year. Here are more things to know

The IRS starts accepting tax returns for 2022 on Jan. 23. A financial expert breaks down the changes from last year, and shares her tips for coping with tax season.

The Street

Scam Artists Are Finding New Ways to Rip You Off

New digital payment systems open up new options for fraudsters.

The Street

1099-K Form Reporting Threshold Delay Announced

The IRS announced a delay in reporting thresholds for third-party settlement organizations set to take effect for the upcoming tax filing season.

Tribune News Service

Commentary: New IRS requirements raise questions about vow to only expand audits on rich

Next month, the U.S. Postal Service will be busier than usual. Not because of late Christmas cards or thank-you letters, but because of the extra Form 1099-Ks the IRS will be mailing out.

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