The CFPB ordered Block to update its business practices to comply with the law, pay between $75 and $120 million to users ...
Cash App-owner Block must offer up to $120 million in refunds to consumers who federal regulators say were exposed to ...
Key Points ・Federal agency orders $175 million settlement for reported fraud and service failures ・Block, operator of Cash ...
Jack Dorsey’s Block Inc. will pay up to $175 million for failing to investigate and protect Cash App customers from ...
Block has agreed to pay $80 million in a settlement with dozens of state regulators over alleged problems with its program to ...
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 ...
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 ...
Cash App's parent, Block Inc., settled two regulatory actions, one with the Consumer Financial Protection Bureau and another with state agencies.
The digital payments provider agreed to pay penalties to the Consumer Financial Protection Bureau and a group of states under ...
Cash App will have to pay up to $120 million to customers who lost money to scammers and fraud on the money-sharing app.
Under the enforcement action, the CFPB has also ordered Block to set up a 24-hour, live-person customer service to ...