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 has been ordered to pay $175 million to users and the Consumer Financial Protection Bureau's ...

Each state will receive $1.6 million from the settlement, according to the R.I. Department of Business Regulation.

"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 will have to pay up to $120 million to customers who lost money to scammers and fraud on the money-sharing app.

Cash App's parent, Block Inc., settled two regulatory actions, one with the Consumer Financial Protection Bureau and another with state agencies.

"The historical issues raised in this agreement do not reflect the Cash App experience today," Block shared in a statement. According to Block's statement, Cash App offers multiple ways for users ...

"Cash App created the conditions for fraud to proliferate on its popular payment platform," CFPB Director Rohit Chopra said in a statement. "When things went wrong, Cash App flouted its ...

The CFPB ordered Block to update its business practices to comply with the law, pay between $75 and $120 million to users ...

Jack Dorsey’s Block Inc. will pay up to $175 million for failing to investigate and protect Cash App customers from ...

Block Inc. was fined by dozens of state regulators and then ordered by the Consumer Financial Protection Bureau to refund ...