The Consumer Financial Protection Bureau on Thursday ordered payments firm Block to pay a penalty, citing fraud and weak ...
A pair of trade groups representing Facebook parent Meta Platforms Inc., Apple Inc., and Google parent Alphabet Inc. sued to ...
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Block fined over weak Cash App security controlsAccording to CFPB, Block's security protocols for Cash App were insufficient, exposing users to potential fraud.
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US consumer finance watchdog faces lawsuit for classifying digital wallets as banksTechnology trade groups TechNet and NetChoice filed a lawsuit on Jan. 16 to challenge the CFPB's regulatory approach.
The Consumer Financial Protection Bureau has ordered Block, Cash App's parent company, to pay $120 million to Cash App users and $55 million to its victim relief fund. The Consumer Financial ...
The CFPB is also ordering Block to fix Cash App’s customer service and its processes for investigating disputed transactions, ...
(Reuters) -The Consumer Financial Protection Bureau on Thursday ordered payments firm Block to pay a penalty, citing fraud and weak security protocols on its mobile payment service Cash App.
The Consumer Financial Protection Bureau (CFPB) on Thursday ordered payments firm Block to pay a penalty tied to the ...
Jack Dorsey’s Block Inc. will pay up to $175 million for failing to investigate and protect Cash App customers from ...
The Consumer Financial Protection Bureau said the payments provider “employed weak security protocols for Cash App and put ...
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