Two major tech trade groups are challenging the Consumer Financial Protection Bureau’s (CFPB) effort to treat payment apps ...

Stay informed on the latest developments and key stories shaping the United States. From breaking news in politics, economy, ...

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

MoonPay's acquisition of Helio for $175 million could be among other strategic mergers in the digital asset space under the crypto-friendly Trump administration ...

A 1099-K form is sent to self-employed people who use third-party payment apps. Its threshold has been lowered from $20,000 ...

The financial sector in the United States is undergoing a significant transformation, driven by the emergence of neobanks and ...

In the modern age, there are plenty of ways to send money to friends, family and people you contract for work. Using apps ...

With such flexibility in interacting with the credit card reader, Samsung Pay can truly replace that pile of credit cards in your wallet with a phone app. Venmo works via a mobile app on your ...

Brighter days could be ahead for the digital payments leader.

If you have ever needed to settle up with a friend after dinner or shuffle some cash between accounts at multiple banks, ...

The scam involves a person calling family members of current inmates at the Hancock County Jail and telling them to pay $900 ...

If you pay your roommate your portion of rent through Venmo, for example, these transactions are not considered taxable. Here's everything you need to know about the new 1099-K tax reporting change.