Twitterbot mines Venmo's public-by-default transactions and tweets presumably sarcastic drug buys and sexual services

When Hang Do Thi Duc published her work on the privacy implications of payment processor Venmo's "public-by-default" directory of payments, she did not release her dataset out of respect for the privacy of the Venmo users whose personal lives were on display in the data. Read the rest

Venmo's "public by default" transactions reveal drug deals, breakups, more

Because Venmo defaults to making all payments public, privacy researcher Hang Do Thi Duc was able to download and analyze 208,000,000 transactions, whose notes and other metadata revealed a wealth of personal, compromising information, including drug deals and breakups. Read the rest

Don't use Venmo for merchant transactions, example 1,001

If you have something to sell, and a buyer asks to pay using Venmo, you could lose both your money and your item. Jennifer Khordi is one of many who got scammed and wants to help others avoid her fate. Read the rest

Apple and payment partners rumored to be launching a new money-transfer service

Apple is in talks to launch its own Venmo, reports Recode, also asking “Could the money-transfer service be called Apple Cash, perhaps?” Read the rest