Monday, October 12, 2020

As Americans flock to payments apps from PayPal, Square, and Zelle, rates of fraud are also rising according to app reviews, often with little support (Nathaniel Popper/New York Times)

Nathaniel Popper / New York Times:
As Americans flock to payments apps from PayPal, Square, and Zelle, rates of fraud are also rising according to app reviews, often with little support  —  People are getting defrauded as they turn to Square's Cash App and PayPal's Venmo to do more online banking in the pandemic.



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Financial Times : Uber reports Q1 revenue up 14% YoY to $13.2B, below $13.3B est., Gross Bookings up 25% YoY to $53.7B, trips up 20% YoY ...