Do you Venmo? I sure do. From paying my rent to splitting the tab at lunch, Venmo has been my go to app.
The changes come after a Slate report of a man who lost nearly $3,000 stolen from him after someone hacked into his account and changed his log in information
Venmo apparently never sent the customer an email to let him know that his info had been changed, only finding out from his bank.
Venmo has now introduced email notifications that will be sent out whenever a user's email address, password, or phone number changes.
They're also rolling out multi-factor authentication. Do you use Venmo? Are you concerned about security? Let us know your thoughts in the comment section below and be sure to subscribe to our YouTube channel for new videos each Saturday!
Full story via The Verge.
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