Apple Pay Later Is Dead, Your Debt Is Not
Apple says it’s shutting down Apple Pay Later, the tech giant’s “buy now, pay later” loan service, less than a year after launching the product to United States users in…
The Greatest App of All Time Day 20: Venmo vs. Twitter
It’s Day 20 of Gizmodo’s March Madness bracket challenge to name the greatest app of all time and the competition is getting fierce! We lost a legend yesterday, as YouTube…
Starbucks App Traps Users in ‘Vicious Cycle’ of Shaken Espresso, Says Consumer Advocate
A consumer protection group alleged Starbucks’ mobile app traps users in a vicious cycle of beverage buying in a December complaint to Washington’s Attorney General. The coffee chain’s mobile app…
Zelle Begins Refunding Scam Victims in Major Tone Shift
Zelle, a payments app owned by seven of America’s largest banks, began reimbursing victims of imposter scams on the platform, according to an emailed statement from the company. Early Warning…
U.S. Regulators Want to Treat Apple, PayPal Like Banks
The Consumer Finance Protection Bureau (CFPB) proposed to hold big tech accountable to the same regulations that banks are, in a filing Tuesday. If Apple and PayPal offer financial services…
Apple’s Payment Requirements Are Out of Control, Dutch Regulators Say Enough Is Enough
Image: Primakov (Shutterstock) Apple’s payment practices requiring subscription-forward apps to exclusively accept payments through Apple Pay violated antitrust laws, according to a Dutch regulator ruling reported by Bloomberg on Tuesday.…
PayPal Dives Into Crypto Madness With Dollar-Pegged Stablecoin
PayPal is diving into the messy world of crypto with a new stablecoin pegged to the US dollar, aptly and uninventively named PayPal USD. The company’s entrance into the industry…
Lawyers Who Argued Supreme Court Cases Paid a Clarence Thomas Aide Via Venmo
Image: Erin Schaff-Pool (Getty Images) While the rest of us were Venmo-ing our friends for the dinner check, an aide to conservative Supreme Court Justice Clarence Thomas was apparently receiving…
Implantable payment chips: The future, or cyberpunk pipe dream?
Implantable payment chips are here — enabling users to pay for things with a wave of their hand. Is this the wave of the future, or merely a flash in…