Cash App is closing out the week on the hook for $255 million in multiple settlements around its consumer protections. Block, ...
Cash App's parent, Block Inc., settled two regulatory actions, one with the Consumer Financial Protection Bureau and another ...
The transfer-money app, owned by Jack Dorsey’s Block, racked up a hefty bill of fines and restitution for what federal ...
The CFPB ordered Block to update its business practices to comply with the law, pay between $75 and $120 million to users ...
Block has agreed to pay $80 million in a settlement with dozens of state regulators over alleged problems with its program to ...
The Consumer Financial Protection Bureau announced the order on Thursday in the waning days of the Biden administration.
Block Inc. was fined by dozens of state regulators and then ordered by the Consumer Financial Protection Bureau to refund ...
Cash App users may receive compensation after the company agreed to pay $255M to settle fraud & oversight claims ...
Millions of people use Cash App to send or receive money every day, but the popular peer-to-peer payment service is now preparing to pay millions of dollars of its own to ...
Each state will receive $1.6 million from the settlement, according to the R.I. Department of Business Regulation.
Block violated the Bank Secrecy Act and anti-money laundering laws aimed at safeguarding the financial system from illicit ...
The mobile payment service Cash App has grown significantly throughout the years, and in 2022 it was valued at $138 billion, ...