The Consumer Financial Protection Bureau (CFPB) announced today that's it's fining Block, the creator of Cash App and parent ...
Cash App-owner Block must offer up to $120 million in refunds to consumers who federal regulators say were exposed to ...
Cash App's parent company Block must pay up to $175 million after a CFPB crackdown on fraudulent transaction handling.
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 on Thursday ordered payments firm Block to pay a penalty, citing fraud and weak ...
In a news release announcing the order, the CFPB said Block “deprived Cash App users of meaningful and effective customer ...
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 ...
Cash App's parent company Block failed to investigate fraud and unauthorized transactions, and refused to refund customers, the Consumer Financial Protection Bureau said.
The CFPB is also ordering Block to fix Cash App’s customer service and its processes for investigating disputed transactions, ...
The parent company of Cash App has been ordered to pay up to $120 million to fraud victims, in addition to a $55 million ...
Block Inc. was fined by dozens of state regulators and then ordered by the Consumer Financial Protection Bureau to refund ...
Cash App's parent company will have to pay $175 million for poorly protecting its users from fraud and financial crimes on ...