Mass. Bank Regulators Get Power Over Venmo, CashApp
A new bill has been signed by Gov. Maura Healey that gives the state’s banking regulators oversight over peer-to-peer payment apps like Venmo, PayPal and CashApp.
Mass. Money Transmission Bill Protects Consumers, Levels Regulatory Playing Field
Massachusetts residents send billions of dollars every year using money transmission platforms like Venmo, PayPal and CashApp – but with zero state consumer protections.
Person-to-Person Payments: How Americans Pass the Buck
U.S. households made more than $1 trillion worth of person to person payments in 2017.
PayPal Partnering with Small Banks to Offer Traditional Bank Services
Over the past few months, PayPal has been offering certain customers an opportunity to add basic banking features to their PayPal digital wallet, according to The Wall Street Journal.
Big US Banks To Take On Tech Rivals With Instant Payments
Depositors at some of the largest U.S. banks are...ABA Survey: Consumers Trust Banks With Payments 75 To 1 Over Retailers
The vast majority of consumers trust banks most to...Here’s a face for you…
I was simultaneously fascinated and horrified at this...
