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

The Consumer Financial Protection Bureau on Thursday ordered payments firm Block to pay a penalty, citing fraud and weak ...

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

Block Inc. was fined by dozens of state regulators and then ordered by the Consumer Financial Protection Bureau to refund ...

The Consumer Financial Protection Bureau announced the order on Thursday in the waning days of the Biden administration.

Block violated the Bank Secrecy Act and anti-money laundering laws aimed at safeguarding the financial system from illicit ...

Each state will receive $1.6 million from the settlement, according to the R.I. Department of Business Regulation.

The CFPB is also ordering Block to fix Cash App’s customer service and its processes for investigating disputed transactions, ...

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

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