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As Payments Go Social With Venmo, They’re Changing Personal Relationships
More people are using mobile money apps to pay each other without cash. With Venmo, its social network is a key part of the payment process, and it’s changing people’s behavior in unexpected ways.
Consumer Protection Bureau Aims To Roll Back Rules For Payday Lending
A rule would have protected borrowers from ballooning loans with giant interest rates. Now, the Consumer Financial Protection Bureau proposes ripping its teeth out.