"Protecting Your Savings: The Dangers of Venmo, Zelle, and Cash App Scams"

TL;DR
Manhattan district attorney Alvin Bragg has demanded that companies improve the security of mobile payment apps like Venmo, Zelle, and Cash App to protect users from scams and thefts. He highlighted how unlocked devices can lead to financial disaster and personal harm, and outlined common fraud tactics such as phishing, spoofing, and device theft. The article also provides 10 tips to protect oneself from mobile payment fraud and outlines steps to take if scammed, including reporting to the app, contacting the bank or credit card issuer, and filing a complaint with the Federal Trade Commission.
Topics:businesstechnology#alvin-bragg#fraud-prevention#mobile-payment-apps#scams#security#technology
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- BBB warns about payment apps leaving users vulnerable to fraud WTVG
- Venmo, Zelle, Cash App put on notice after claims payment apps leave consumers vulnerable to fraud WLS-TV
- Americans Scammed on Mobile Apps: 'Account Was Completely Depleted' Newsweek
- Venmo, Zelle, Cash App leaving users vulnerable to fraud: Manhattan DA ABC News
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