Associated Press: PayPal enables customers to send money to Ukrainians

Associated Press: PayPal enables customers to send money to Ukrainians. “PayPal said Thursday that its users will now be able to send money to Ukrainians, both in the war-ravaged country as well as those now refugees across Europe. Previously, people in Ukraine were only able to use the payments platform to send money out of the country. They will now be able to receive funds, as well as make transfers within Ukraine and abroad.”

Consumer Financial Protection Bureau: CFPB Orders Tech Giants to Turn Over Information on their Payment System Plans

Consumer Financial Protection Bureau: CFPB Orders Tech Giants to Turn Over Information on their Payment System Plans. “Today, the Consumer Financial Protection Bureau (CFPB) issued a series of orders to collect information on the business practices of large technology companies operating payments systems in the United States. The information will help the CFPB better understand how these firms use personal payments data and manage data access to users so the Bureau can ensure adequate consumer protection.”

Social media scam: Twitter bots are tricking users into making PayPal and Venmo payments into fraudsters’ accounts (The Daily Swig)

The Daily Swig: Social media scam: Twitter bots are tricking users into making PayPal and Venmo payments into fraudsters’ accounts. “The bots appear to be activated when a legitimate user asks another for their payment information, presumably discovering these tweets via a search for keywords such as ‘PayPal’, ‘Venmo’, or other services. They masquerade as the other user by scraping their profile picture and adopting a similar username, before supplying them with false payment information in the hopes the original tweeter will pay into this account.”

Gizmodo: If You Use Twitter’s New Tip Jar Feature, Make Sure You Don’t Accidentally Send People Your Address

Gizmodo: If You Use Twitter’s New Tip Jar Feature, Make Sure You Don’t Accidentally Send People Your Address . “Rachel Tobac, a security professional, was playing around with the app with a friend of hers when she noticed what initially seemed like a glaring security risk. Tobac discovered that if you specifically used PayPal to send someone a tip, you will also be sending them something else fairly intimate: your home address. This doesn’t appear to be an issue for any of the other pay applications set up through Tip Jar.” It’s apparently a PayPal thing.

CNET: PayPal says TIO Networks breach affected up to 1.6M users

CNET: PayPal says TIO Networks breach affected up to 1.6M users. “PayPal says a data breach at a company it recently acquired may have exposed the personal information for up to 1.6 million customers. The digital-payments company suspended operations of its TIO Networks last month after discovering evidence of a security breach. TIO Networks makes digital bill-payment tools for utilities and other firms and offers kiosks that let people go to a convenience store to pay off their bills using cash.”