Cash App-owner Block must offer up to $120 million in refunds to consumers who federal regulators say were exposed to ...
Block, based in Oakland, was ordered Thursday to pay out at least $75 million to customers who had bad service experiences ...
Cash App's parent company Block must pay up to $175 million after a CFPB crackdown on fraudulent transaction handling.
The transfer-money app, owned by Jack Dorsey’s Block, racked up a hefty bill of fines and restitution for what federal ...
The parent company of Cash App has been ordered to pay up to $120 million to fraud victims, in addition to a $55 million ...
The Consumer Financial Protection Bureau on Thursday ordered payments firm Block to pay a penalty, citing fraud and weak ...
The Consumer Financial Protection Bureau announced the order on Thursday in the waning days of the Biden administration.
Cash App's parent, Block Inc., settled two regulatory actions, one with the Consumer Financial Protection Bureau and another with state agencies.
"By offering predatory credit with just a few taps on your cell phone, cash advance apps are a loan shark in your pocket ..
If you use third-party payment platforms, like PayPal, Venmo or Cash App, to collect payments ... Before 2022, third-party transactions for business owners and side hustlers followed different ...
Cash App's parent company Block failed to investigate fraud and unauthorized transactions, and refused to refund customers, the Consumer Financial Protection Bureau said.
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 ...