UPDATE 1-PayPal settles U.S. charges over alleged Venmo disclosure failure -FTC

27 Feb 2018

WASHINGTON, Feb 27 (Reuters) – PayPal Holdings Inc,
parent of peer-to-peer payments app Venmo, has settled U.S.
charges it failed to give critical disclosures to users
regarding privacy and the availability of funds transferred into
a Venmo account, the Federal Trade Commission said on Tuesday.

Read full article at Reuters