Page 9 - Payment Apps News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Customers 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.

The Consumer Financial Protection Bureau found that payment apps like Venmo, PayPal, and Cash App saw transactions of about $893 billion last year.

Scott macfarlane explains which types of payments the irs will soon want you to report. >> i was supposed to have a house call today. >> reporter: monica colburn helps run a virginia hair salon, but like a growing number of americans, she uses the flexible hours to earn some extra cash. to read how many different site houses do you have? >> i think last year i had eight 1099's. >> reporter: she works weddings and promotes musicians, collecting most of her income through payment apps like venmo. >> if i did not have multiple ways that somebody could pay me, i feel like i would lose business. >>...

The police responded to a call and found Bob Lee with "apparent stab wounds." Bob Lee was an active contributor to the tech industry. Aside from creating CashApp, he was also the former CTO of Jack Dorsey's Block and is the Chief Product Officer at MobileCoin before his unfortunate passing.

Learn from biometrics industry experts discussing their unique perspectives on products, services and the future of biometrics.