Cash App is closing out the week on the hook for $255 million in multiple settlements around its consumer protections. Block, ...
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 ...
Block Inc. was fined by dozens of state regulators and then ordered by the Consumer Financial Protection Bureau to refund ...
The Consumer Financial Protection Bureau announced the order on Thursday in the waning days of the Biden administration.
Block violated the Bank Secrecy Act and anti-money laundering laws aimed at safeguarding the financial system from illicit ...
Block has agreed to pay $80 million in a settlement with dozens of state regulators over alleged problems with its program to ...
Each state will receive $1.6 million from the settlement, according to the R.I. Department of Business Regulation.
The parent company of Cash App has been ordered to pay up to $120 million to fraud victims, in addition to a $55 million ...
The CFPB is also ordering Block to fix Cash App’s customer service and its processes for investigating disputed transactions, ...
Cash App's parent company Block failed to investigate fraud and unauthorized transactions, and refused to refund customers, ...