Cash App's parent company Block failed to investigate fraud and unauthorized transactions, and refused to refund customers, ...
The Consumer Financial Protection Bureau on Thursday ordered payments firm Block to pay a penalty, citing fraud and weak ...
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 has been ordered to pay $175 million to users and the Consumer Financial Protection Bureau's ...
The CFPB is also ordering Block to fix Cash App’s customer service and its processes for investigating disputed transactions, ...
Millions of people use Cash App to send or receive money every day, but the popular peer-to-peer payment service is now ...
Jack Dorsey’s Block Inc. will pay up to $175 million for failing to investigate and protect Cash App customers from ...
The owner of Cash App has been ordered to pay up to $120 million to victims of fraud on its payments platform on top of a $55 ...
The CFPB alleged that Block's ( NYSE: SQ) Cash App had closed cases of reported fraud without opening a legally required investigation. Block allegedly directed users who incurred financial losses as ...
Tech organizations file a lawsuit against the US Consumer Financial Protection Bureau challenging new application regulations ...