Cash App Ordered to Pay $255 Million in Penalties Over Fraud
The transfer-money app, owned by Jack Dorsey’s Block, racked up a hefty bill of fines and restitution for what federal ...
CFPB sued for trying to regulate digital payment apps more like banks
Two major tech trade groups are challenging the Consumer Financial Protection Bureau’s (CFPB) effort to treat payment apps ...
Cash App customers to see refunds after $175 million settlement
Cash App's parent, Block Inc., settled two regulatory actions, one with the Consumer Financial Protection Bureau and another ...
Block agrees to pay $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.
ConsumerAffairs1h
Cash App to pay $120 million to fraud victims, CFPB says
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 ...
Conservative group reveals how Trump can clean house at Department of Education, lists top bureaucrats to fire
A conservative nonprofit, the American Accountability Foundation, released a "watch-list" of 10 top "left-wing" bureaucrats at the Department of Education.
Cash App Owner Hit With Fines in Back-to-Back Settlements
Block Inc. was fined by dozens of state regulators and then ordered by the Consumer Financial Protection Bureau to refund ...
Record-high credit card interest rates and fees are bogging down consumers. Here’s how to avoid them.
US Banks & Branch Offices used resources from the Consumer Financial Protection Bureau and other groups to learn about credit ...
JD Supra3h
CFPB Issues a Roadmap for States Days Before Trump Takes Office
As the Consumer Financial Protection Bureau (CFPB or Bureau) anticipates a shift in its leadership with the incoming administration of ...
Block to Pay $175 Million for Cash App Customer Service Failures
Jack Dorsey’s Block Inc. will pay $175 million for failing to investigate and protect Cash App customers from fraudulent ...
Taste of Country4h
Check Your Account! Major Bank Sued for Fraud — You Could Be Owed Big Money
That's allegedly the case with Capital One Bank, which is being sued for $2 billion for fraud. According to ABC7 New York, ...
Tech Trade Groups Sue to Block CFPB Rule Targeting Apple, Google
A pair of trade groups representing Meta Platforms Inc., Apple Inc., and Google parent Alphabet Inc. sued to block a Consumer ...