PayPal mobile payments suffer following Venmo’s removal from Amazon

Mobile payments - Shares Drop - PayPal and Amazon logos

When the online marketplace giant made the announcement, PayPal started taking an immediate hit. PayPal shares have been falling since last week when Amazon announced to its users that the popular mobile payments service owned by PayPal, Venmo, would no longer be an accepted transaction method on its site or app. Amazon announced that the changes to the transaction method acceptance would start January 10. Though Venmo hasn’t yet been cut off for shoppers making mobile payments on Amazon, PayPal is already suffering from the decision as its stock price…

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Apple sued over mobile payments market competition abuse allegations

Mobile payments - Apple - Lawsuit

Venmo and Cash App customers have filed a class action lawsuit against the iPhone maker. PayPal’s Venmo and Block’s Cash App customers have sued Apple Inc. in a proposed class action lawsuit accusing the iPhone maker of having required consumers to pay “rapidly inflating prices” by manipulating mobile payments market competition. The class action lawsuit was filed by four customers from Georgia, Hawaii, New York and South Carolina. The mobile payments competition lawsuit was filed in a San Jose, California federal court. The filing accuses Apple of having violated US…

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Nothing Chats mobile app removed from Google Play Store because of huge privacy issues

Mobile app - Privacy issues

The developer has withdrawn its iMessage bridge application following discovery of widespread data concerns. The Nothing Chats iMessage compatible mobile app has been taken off the Google Play Store by Nothing and Sunbird because of widespread privacy concerns. The companies took the application down voluntarily, but only after the data usage behaviors were discovered. The mobile app was taken down after it was found out that Sunbird was logging and retaining user vCards, messages, and more. That said, that same user data was also downloadable by other parties. This led…

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Quishing trends take off as smartphone users increasingly scammed by QR code scans

Quishing - QR code scam alert

A new report suggests that the number of attacks using quick response barcodes is up 587 percent. Quishing, that is, the practice of launching a cybersecurity attack by way of a QR code scan, is a trend that is rising much more rapidly than many smartphone users realize, placing them at risk of falling victim to one of these scams. According to a recent report, the rise in instances from August to September 2023 alone was a staggering 587 percent. Researchers from Check Point’s Harmony Email team observed thousands of…

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Canadian government bans WeChat Chinese app from its devices

Chinese app ban - Image of Canadian federal government building

The country officially announced that the application is banned on all government gadgets. Canada’s federal government has announced that it is banning the popular Chinese app WeChat from all its devices. WeChat, often nicknamed the “everything app”, is like a combination of many other popular applications. The Chinese app is somewhat like a combination of Facebook, WhatsApp, Amazon and Tinder, all in one place. That said, there are some substantial concerns about the application among Western governments. Mainly, this has to do with the potential for the application to be…

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