Venmo has been a major player in the peer-to-peer payment scene the past few years. If you’re not familiar with the PayPal-owned app, one popular feature is its public news feed. That’s where people post their payments, often with emoji to describe them. But as it gets more popular, some are wondering if it’s secure or private enough. In fact, PayPal recently settled a complaint with the Federal Trade Commission over Venmo about privacy and security. Alison Griswold has covered Venmo at Slate and now at Quartz. She spoke with Marketplace Tech host Molly Wood about the app. (06/01/2018)
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Are we trading security for emojis on Venmo?
The Federal Trade Commission found the app's security and privacy protections disclosures lacking.