Cash App's parent company Block has been ordered to pay $175 million to users and the Consumer Financial Protection Bureau's ...
Cash App-owner Block must offer up to $120 million in refunds to consumers who federal regulators say were exposed to ...
Cash App was ordered to pay users refunds for its weak security procedures. Here's what users need to know about payments, timeline and more.
The Consumer Financial Protection Bureau on Thursday ordered payments firm Block to pay a penalty, citing fraud and weak ...
Jack Dorsey’s Block Inc. will pay up to $175 million for failing to investigate and protect Cash App customers from ...
The Consumer Financial Protection Bureau announced the order on Thursday in the waning days of the Biden administration.
The Connecticut Department of Banking has announced that a multistate enforcement action against Block, Inc., the parent ...
Block, the parent company of popular online payment service Cash App, has been ordered by a federal agency to pay as much as $175 million because of repeated failures by the financial services ...
The CFPB is also ordering Block to fix Cash App’s customer service and its processes for investigating disputed transactions, ...
However, Cash App has also faced challenges. Recently, under Jack Dorsey’s leadership, Block agreed to a $175 million settlement with the CFPB, which included a $55 million fine and up to $120 ...
Technology has seamlessly woven itself into our daily lives in today’s digital era, significantly impacting how we manage ...