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 mobile banking ... Act requires that peer-to-peer platforms like Cash App investigate disputes and cannot "use fine print to escape these legal requirements," according ...

Many operating in the shadows of the digital economy are finding Cash App, their once-reliable money pipeline, under ...

The parent company of Cash App has been ordered to pay up to $120 ... Block was also ordered to pay a $55 million fine to the CFPB’s victims relief fund. The Source: This story was reported ...

Cash App users who were victims of fraud may have money coming their way, after the app's parent company was fined $175 million for "weak" security measures and poor customer service.