Tag: Cash App
R.I. woman pleads guilty to operating an unlicensed money-transmitting business
PROVIDENCE – A Rhode Island woman has pleaded guilty to a federal judge of operating an unlicensed money-transmitting business that moved funds between individuals...
Crypto tax implications are often a costly surprise
Rhode Islanders who own cryptocurrency may be sitting on a tax surprise waiting to surface.
That’s because the IRS treats digital assets not as cash...
Gen Z banks differently; can credit unions keep up?
Gen Z is poised to become the most powerful force in consumer finance in the coming years, but credit unions risk missing out if...
Billions stored on digital payment apps may be unprotected, CFPB warns
WASHINGTON – The Consumer Financial Protection Bureau has published a consumer advisory on digital payment apps heavily used by consumers and businesses.
A CFPB analysis...
Fraud, scam cases increasing on Zelle, Senate report finds
NEW YORK (AP) – Incidents of fraud and scams are occurring more often on the popular peer-to-peer payment service Zelle, according to a report...
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