Cash App-owner Block must offer up to $120 million in refunds to consumers who federal regulators say were exposed to ...
Cash App's parent company Block must pay up to $175 million after a CFPB crackdown on fraudulent transaction handling.
Block, based in Oakland, was ordered Thursday to pay out at least $75 million to customers who had bad service experiences ...
The transfer-money app, owned by Jack Dorsey’s Block, racked up a hefty bill of fines and restitution for what federal ...
Cash App's parent company will have to pay $175 million for poorly protecting its users from fraud and financial crimes on ...
The Consumer Financial Protection Bureau announced the order on Thursday in the waning days of the Biden administration.
The Consumer Financial Protection Bureau on Thursday ordered payments firm Block to pay a penalty, citing fraud and weak ...
"By offering predatory credit with just a few taps on your cell phone, cash advance apps are a loan shark in your pocket ..
Cash App's parent, Block Inc., settled two regulatory actions, one with the Consumer Financial Protection Bureau and another with state agencies.
The CFPB is also ordering Block to fix Cash App’s customer service and its processes for investigating disputed transactions, ...
Cash App's parent company Block failed to investigate fraud and unauthorized transactions, and refused to refund customers, ...
The owner of Cash App has been ordered to pay up to $120 million to victims of fraud on its payments platform on top of a $55 ...