Announcing the fine on Thursday, New York's Department of Financial Services faulted "critical gaps" in the Bank Secrecy Act.

Block Inc. has agreed to a $40 million settlement with the NYDFS following allegations of compliance failures tied to its ...

Block Inc. paid $40 million to settle Cash App crypto compliance failures as it pushes to become a full-service bank.

Cash App owner Block to pay $40 million civil fine to New York's financial services regulator for lack of anti-money laundering controls and crypto policing failures.

A Cash App spokesperson sent me this statement earlier this month. "If you believe you have fallen victim to fraud or a scam, you should contact Cash App Support through the app, website ...

Cash App’s impressive revenue figures highlight its success as a fintech powerhouse. Total revenue in 2023 reached $15.9 ...