US consumer finance watchdog fines payments firm 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 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.
Consumer Finance Watchdog Asks Block To Pay $175M Over Cash App Deficiencies: Retail Remains Unfazed
The Consumer Financial Protection Bureau (CFPB) has ordered Block Inc., the operator of peer-to-peer payments app Cash App, to pay $175 million in refunds, compensation, and penalties for certain deficiencies.
Cash App operator Block to pay $175 million for fraud failures
Today, the Consumer Financial Protection Bureau (CFPB) imposed a penalty on Block, the operator of the Cash App, for its failure to effectively address fraud on its platform. The company has been ordered to pay a total of $175 million,
US consumer finance watchdog orders payments firm Block to pay $175 million
The Consumer Financial Protection Bureau (CFPB) on Thursday ordered payments firm Block to pay a penalty tied to the operations of its peer-to-peer payments network CashApp. The order includes a redress to consumers of up to $120 million and a penalty of $55 million into the CFPB’s victims relief fund.

Block will pay $80M fine to state financial regulators

Trey Murphy III comes up with game-saving block for Pelicans

NFL, law enforcement goal is officer per block at Super Bowl in New Orleans
NFL and law enforcement officials are in New Orleans working through a modified plan for increased security in the city ahead ...
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 ...
Judge denies Trump's last-ditch effort to block midnight release of Jack Smith's final report
A federal judge has ruled that the DOJ can release Volume One of special counsel report Jack Smith's report covering his ...
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 ...
Mavericks' Jason Kidd says referees were 'scared to death' to call goaltending on Pelicans' game-winning block
But this was one of those eyebrow-raising moments that gives even more credence to the belief that referees should be fined ...
The Restaurant At North Block Shines Under Chef Juan Cabrera
The Restaurant at North Block is undergoing a true renaissance under the leadership of Executive Chef Juan Cabrera.