venmo
Latest
Venmo halfheartedly responds to its mobile payment security woes
eBay's Venmo mobile payment service can be extra-helpful when you need to repay a debt to a friend, but it's grappling with some significant security problems -- and it's not clear that a proper fix is in sight. Slate notes that Venmo not only lacks a few basic security measures, such as notifying you when login details change, but encourages risky steps like linking your bank routing info. If someone gets in under that circumstance, your bank account could be permanently compromised. There's also little support outside of a slow-to-respond email system, so you may be left high and dry if you need urgent help.
