The Consumer Financial Protection Bureau has ordered Block, Cash App's parent company, to pay $120 million to Cash App users and $55 million to its victim relief fund. The Consumer Financial ...

Cash App was a big growth driver last year for Block Inc. and is expected to remain so as 2025 unfolds, the company said during a conference call late Thursday to discuss Block’s fourth-quarter ...

Jack Dorsey, co-founder and executive chair of Block Inc. (NYSE:XYZ), reiterated the Bitcoin (CRYPTO: BTC)-only strategy of ...

Block XYZ.N will pay a $40 million civil fine and hire an independent monitor to settle charges by New York's financial services regulator that it failed to adequately police and stop money ...

New York state’s top financial regulator struck a $40 million settlement Thursday with Block Inc., the parent of Cash App, the popular money transmission service, after having found the company ...

Shares of Block dropped after analysts expressed concern its Cash App performance was weaker than expected. The parent company of Square and Cash App's stock fell almost 22%, to $45.71 ...

Block reported Q1 GPV of $56.8B vs. Street expectations of $57.9B. The company cut its 2025 gross profit growth guidance to 12%. Get access to the leaderboards pointing to tomorrow’s biggest ...

Editor’s note, Jan. 16, 2025: The Consumer Financial Protection Bureau (CFPB) has ordered Block, which owns Cash App, to pay refunds and penalties totaling $175 million for maintaining poor ...

Block Inc. said its Square Financial Services ... Corp. to begin offering consumer loans directly through its Cash App Borrow product. Consumer loans were offered earlier through external partner ...

XYZ's growing merchant network and Cash App tools boost optimism, but the stock still lags amid weak earnings outlook and ...

The operator of the Square and Cash App payment systems predicted gross profit for the current quarter and full year that were below estimates. Block also missed forecasts for first-quarter profit ...

Ongoing economic uncertainty is effecting Block’s financials, with growth slowing for Square and Cash App. Bitcoin remains a ...