Cash App's parent company Block has been ordered to pay $175 million to users and the Consumer Financial Protection Bureau's ...

Cash App-owner Block must offer up to $120 million in refunds to consumers who federal regulators say were exposed to ...

The CFPB ordered Block to update its business practices to comply with the law, pay between $75 and $120 million to users ...

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.

The transfer-money app, owned by Jack Dorsey’s Block, racked up a hefty bill of fines and restitution for what federal ...

Block, based in Oakland, was ordered Thursday to pay out at least $75 million to customers who had bad service experiences ...

Block has agreed to pay $80 million in a settlement with dozens of state regulators over alleged problems with its program to ...

Jack Dorsey’s Block Inc. will pay up to $175 million for failing to investigate and protect Cash App customers from ...

The mobile payment service Cash App has grown significantly throughout the years, and in 2022 it was valued at $138 billion, ...

The government agency argued that one of Block's portfolio companies, the leading peer-to-peer payments service Cash App, had allowed rampant fraud while misleading its customers. The settlement ...