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Payment App Users Under Attack

Banking

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Click on the Kahoot icon below to begin the quiz.

Alternatively, you can use EdPuzzle.

PAYMENT APP USERS UNDER ATTACK | SEPTEMBER 6, 2022 EDITION | NEXT GEN PERSONAL FINANCE

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You’ve completed the exercise, now it’s time to learn

more about the current event:

PAYMENT APP USERS UNDER ATTACK | SEPTEMBER 6, 2022 EDITION | NEXT GEN PERSONAL FINANCE

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Discussion Prompt:

Should there be more rules for payment apps or should users be responsible for avoiding fraud?

PAYMENT APP USERS UNDER ATTACK | SEPTEMBER 6, 2022 EDITION | NEXT GEN PERSONAL FINANCE

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Extend Your Learning

Three Relevant Resources from NGPF:

  • Who loses money to fraud more - people ages 20-29 or 70-79? (Question of the Day)
  • Different Types of Payments (MS Lesson)
  • RESEARCH: Person-to-Person Payments (Activity)

References:

  • Payments app Zelle begins refunds for imposter scams after pressure (Reuters)
  • Venmo and other payment app theft is ‘skyrocketing,’ Manhattan DA warns (CNN)
  • Avoid scams on payment apps (Allstate)
  • Attorney calls for payment apps to boost protections for users (WFAA News)
  • Apple, Google, Venmo fight new U.S. plan to monitor payment apps (Washington Post)

PAYMENT APP USERS UNDER ATTACK | SEPTEMBER 6, 2022 EDITION | NEXT GEN PERSONAL FINANCE