Cash App's parent company Block has been ordered to pay $175 million to users and the Consumer Financial Protection Bureau's ...
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-owner Block must offer up to $120 million in refunds to consumers who federal regulators say were exposed to ...
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 ...
Cash App's parent, Block Inc., settled two regulatory actions, one with the Consumer Financial Protection Bureau and another ...
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 ...
such as a dispute submission tool within Cash App; using AI to spot and stop fraud; and using advanced technology to warn customers about potential scams involving their transactions. Failure to ...
If you lost money to scammers or had your account frozen on a popular peer-to-peer payment platform, you might be due for a ...
"My biggest concern is scammers telling consumers to use Cash App to send payments. There is no way to later contest it as fraudulent like you have with your Visa card," Conti said. "They do not ...