Cash App-owner Block must offer up to $120 million in refunds to consumers who federal regulators say were exposed to ...
Cash App is closing out the week on the hook for $255 million in multiple settlements around its consumer protections. Block, ...
The Consumer Financial Protection Bureau announced the order on Thursday in the waning days of the Biden administration.
According to CFPB, Block's security protocols for Cash App were insufficient, exposing users to potential fraud.
Block Inc. was fined by dozens of state regulators and then ordered by the Consumer Financial Protection Bureau to refund ...
Each state will receive $1.6 million from the settlement, according to the R.I. Department of Business Regulation.
Block has agreed to pay $80 million in a settlement with dozens of state regulators over alleged problems with its program to ...
The transfer-money app, owned by Jack Dorsey’s Block, racked up a hefty bill of fines and restitution for what federal ...
The Consumer Financial Protection Bureau on Thursday ordered payments firm Block to pay a penalty, citing fraud and weak ...
The state’s financial regulators joined 47 others in taking against Cash App’s parent company for violations of bank secrecy ...
The CFPB ordered Block to update its business practices to comply with the law, pay between $75 and $120 million to users ...
The parent company of Cash App has been ordered to pay up to $120 million to fraud victims, in addition to a $55 million ...