Rocket Companies, a leading fintech platform, has hired Papanii Okai, former Venmo Chief Technology Officer and PayPal technology executive, as its Executive Vice President of Product Engineering. Okai will lead the development of AI-driven products at Rocket, aiming to accelerate the company’s efforts in transforming the homeownership experience.
A coalition of prominent Democratic politicians is pushing legislation that would significantly impact peer-to-peer payment companies like PayPal, Venmo, and Zelle. This legislation, the Protecting Consumers from Payment Scams Act, aims to hold these companies responsible for any scams that occur on their platforms, potentially hindering their operations and driving users away. This move is seen as an attempt by the Democratic party to exert greater control over the financial sector and promote government-run cryptocurrency solutions.
Choosing the right mobile payment app can be tricky, with so many options available. This article compares the top contenders – PayPal, Venmo, Cash App, and Apple Cash – evaluating their features, fees, limits, and ease of use to help you decide which best suits your needs.
