Yet Anderson said when he loaned the money, it was not a gift but was given with the expectation that he would get it back. "I just felt, I guess, taken advantage of in a way," Anderson said of ...

Elon Musk’s social media company X announced Tuesday it secured Visa as its partner for its upcoming digital payments service “X Money,” making the most tangible step yet in creating an ...

Barring extreme scenarios like "breaking the buck," money market mutual funds almost never see their NAV dip below $1. Instances of breaking the buck are rare and typically occur during once-in-a ...

Money orders are used to safely and securely send money through the U.S. postal system. In 2021, the last year for which data is available, 71.5 million money orders were used across the country.

Digital money and the underlying technology, in many cases blockchain, overcome some of the key constraints of today’s payment processes – particularly around speed and availability.