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 CFPB fines Cash App-parent Block over insufficient fraud protection
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.
Cash App owner failed 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.
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.
CashApp Fined $175 Million for Not Stopping Fraud. Find Out if You're Eligible for a Payment
Today, Block, Inc., the parent company of Cash App, agreed to pay $175 million after the Consumer Financial Protection Bureau accused the company of several unfair customer practices and Customer Financial Protection Act violations.
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 regulators called “woefully incomplete” customer protections.
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. The regulator said Block,

Right-wing protesters block highway in Jerusalem

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 ...
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Los Angeles wildfires: Altadena resident stunned to find home was only one left standing on his block
An Altadena resident captured a stunning video showing his home as the only one left standing following the devastating Eaton ...
Plan for 33-storey student block in city centre
A new 33-storey student accommodation block could be built in a city centre if plans are approved. Developers Vita Group want ...
Nevada joins $80 million enforcement against Block Inc over insufficient enforcement
The State of Nevada has joined 47 other regulatory agencies in taking action against Block Inc, the mobile payment service ...
Shooting on same Harrisburg block where woman was killed is unrelated, police say
Gibson was fatally shot in the chest around 11:19 p.m. while inside her home on the corner of the 300 block of Hummel Street, ...
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 ...
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 ...