Cash App, Block

Block agrees to pay up to $120 million in refunds to resolve Cash App fraud
The Consumer Financial Protection Bureau announced the order on Thursday in the waning days of the Biden administration.
US consumer finance watchdog fines payments firm Block over Cash App operations
The Consumer Financial Protection Bureau (CFPB) on Thursday ordered payments firm Block to pay a penalty citing fraud and weak security protocols on its mobile payment service Cash App.
CFPB fines Block $175m over Cash App's lax fraud controls
Per the CFPB, Cash App's Terms of Service at one point claimed that any bank linked to an account for transferring funds was responsible for addressing disputes around fraudulent charges, something that's not generally true under the Electronic Fund Transfer Act.
CFPB Orders Cash App Operator to Compensate Consumers Over Fraudulent Payments
CFPB said Block employed weak security protocols for payments platform Cash App and put its users at risk. It added that Block is required by law to investigate and resolve disputes about unauthorized transactions but that its investigations were incomplete.
Tech groups sue US CFPB to block rule on payment apps, digital wallets
Two technology trade groups sued the U.S. Consumer Financial Protection Bureau on Thursday to block a new rule giving the regulator supervisory authority over payment apps and digital wallets from large non-banks.
CFPB orders Cash App to pay $175 million for fraud failures
Cash App's parent company Block failed to investigate fraud and unauthorized transactions, and refused to refund customers, the Consumer Financial Protection Bureau said.

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Block’s Compliance Enhancements and Regulatory Confidence Drive Buy Rating
Analyst Trevor Williams from Jefferies maintained a Buy rating on Block (SQ – Research Report) and keeping the price target at $110.00.Stay ...
Mavericks' Jason Kidd says referees were 'scared to death' to call goaltending on Pelicans' game-winning block
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The Restaurant At North Block Shines Under Chef Juan Cabrera
The Restaurant at North Block is undergoing a true renaissance under the leadership of Executive Chef Juan Cabrera.
State regulators fine Block Inc $80 million for anti-money laundering violations
Block, Inc has agreed to pay a fine of $80 million to a group of 48 state financial regulators for violations of anti-money ...
Block (SQ): New Buy Recommendation for This Technology Giant
Wells Fargo analyst Andrew Bauch maintained a Buy rating on Block (SQ – Research Report) today and set a price target of $95.00. The company’s ...