: Americans are holding ‘billions of dollars’ in uninsured accounts, federal agency warns. But how many even realize this?

How much money do you have sitting around in a payment app?

The Consumer Financial Protection Bureau issued a warning Thursday that “billions of dollars” stored in these accounts may not be safe in the event of financial distress. 

Use of non-bank payment apps such as PayPal PYPL, Venmo, and Cash App have rapidly grown in the past few years,…