Peer-to-peer payment use is growing. So are scams.

Jul 20, 2022
The Consumer Financial Protection Bureau will reportedly push banks to reimburse customers who lose their money through scams on apps like Paypal, Venmo and Zelle.
Payment apps haven’t disclosed how much consumers have lost from scams, but Lisa Ellis with MoffettNathanson estimates it’s around $10 billion.
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A tale of two payment apps

Apr 26, 2019
Venmo and Zelle look like they should be competitors. But the two payment apps serve very different audiences.
Milkos/iStock/Getty Images Plus

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