Cash App's parent company ordered to pay $175M for weak security procedures, feds say
Cash App's parent company Block has been ordered to pay $175 million to users and the Consumer Financial Protection Bureau's victim relief fund.
Cash App owner to pay up to $175 million for failing to protect customers from fraud, feds say
Cash App-owner Block must offer up to $120 million in refunds to consumers who federal regulators say were exposed to potential fraud.
Cash App ordered to pay $175M to users. Will you get a refund? Here's what to know
Cash App was ordered to pay users refunds for its weak security procedures. Here's what users need to know about payments, timeline and more.
Cash App (again) ordered to pay millions in refunds. How Kentucky users can get back money
Here's what Cash App users in Kentucky need to know to ensure they're compensated by the mobile banking platform after the latest settlement.
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.
Block's Cash App Ordered to Pay $175 Million by CFPB Over Fraudulent Transaction Handling
Cash App's parent company Block must pay up to $175 million after a CFPB crackdown on fraudulent transaction handling.
Cash App (again) ordered to pay millions in refunds. How Indiana users can get back money
Here's what Cash App users in Indiana need to know to ensure they're compensated by the mobile banking platform after the latest settlement.
Cash App ordered to refund $120 million: What you need to know
In a significant move by the Consumer Financial Protection Bureau (CFPB), Cash App has been mandated to refund $120 million to its users. This decision comes after the platform's failure to adequately address fraudulent transactions and customer service deficiencies.
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Cash App owner failed to protect customers from fraud, feds say
Block, the parent company of popular online payment service Cash App, has been ordered by a federal agency to pay as much as $175 million because of repeated failures by the financial services ...
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Connecticut Joins Settlement With Cash App Owner Block, Inc., For Violations And Security Failures
The Connecticut Department of Banking has announced that a multistate enforcement action against Block, Inc., the parent ...
Is Block, Inc. (SQ) the Best Cash App Stock to Buy According to Hedge Funds?
We recently published a list of 10 Best Cash App Stocks To Buy According to Hedge Funds. In this article, we are going to ...