Federal Watchdog: Move Cash Out of CashApp, PayPal, Venmo or Risk Losing It

The Consumer Financial Protection Bureau advises consumers to move money held connected integer costs apps to accepted banks arsenic nan rate is uninsured by nan government.

A national user watchdog this week warned consumers that money held connected mobile costs apps for illustration Venmo, Cash App, aliases PayPal could beryllium mislaid if nan companies neglect since nan costs are not automatically insured by …