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Never mind failing banks — it’s popular payment apps that should keep you up at night. carballo / Shutterstock.com
A brief run of bank failures recently spooked many savers. But it is your digital payment app that should really make you worry, according to the federal government. Billions of dollars currently stored on well-known payment apps like Venmo, PayPal and Cash App may not be federally insured, according to a recent notice from the Consumer Financial Protection Bureau (CFPB). That stands in sharp…
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