As digital payment apps become more popular, ... WCSH-TV Portland, ME. Storing money in payment apps is risky, experts say. Posted: April 24, 2025 | Last updated: April 24, 2025.

New federal consumer warning about storing your money in digital payment apps. By Kirstin Garriss, CMG Washington News Bureau and Nikki DeMarco, WFTV.com. June 07, 2023 at 5:20 pm EDT.

The CFPB found that funds stored in these apps often lack deposit insurance, noting insured banks protect depositors against the loss of their deposits up to at least $250,000 if a bank fails ...

The apps do team up with F.D.I.C.-insured banks to offer accounts with “pass through” F.D.I.C. insurance protection. But users may have to take extra steps or sign up for certain services to ...

Too much digital clutter on your devices could affect your mental health, and it might be a sign of digital hoarding. Here’s what to know, according to experts.

New federal consumer warning about storing your money in digital payment apps. By WHIO Staff and Kirstin Garriss, CMG Washington News Bureau. June 07, 2023 at 5:09 pm EDT.

More people are using payment apps like Venmo, Cash App and PayPal to send and receive money. These kinds of services processed an estimated 893 billion dollars in transactions last year alone ...

WASHINGTON — More people are using payment apps like Venmo, Cash App and PayPal to send and receive money. These kinds of services processed an estimated $893 billion in transactions last year ...