Cash App flouted its responsibilities and even burdened local banks with problems that the company caused.” The sum includes up to $120 million to compensate consumers and a fine of $55 million ...

The parent company of Cash App, which has more than 56 million accounts, must also pay a $55 million fine into the CFPB’s victims relief fund. The CFPB found that Block failed to properly ...

The parent company of Cash App and Square on Thursday reported a first-quarter profit of $189.9 million, or 30 cents a share, compared with $472 million, or 74 cents a share, a year earlier.

Shares of Block dropped after analysts expressed concern its Cash App performance was weaker than expected. The parent company of Square and Cash App's stock fell almost 22%, to $45.71 ...

Block has had a difficult 2025 with risk regulators, with the latest ding being a $40 million fine in New York over shortcomings in ... New York regulators said violations were linked to Cash App, ...