Block, based in Oakland, was ordered Thursday to pay out at least $75 million to customers who had bad service experiences ...
Block, the parent of digital payments company Cash App, agreed to pay $255 million to settle allegations of poor oversight ...
Cash App is closing out the week on the hook for $255 million in multiple settlements around its consumer protections. Block, ...
Cash App-owner Block must offer up to $120 million in refunds to consumers who federal regulators say were exposed to ...
Block violated the Bank Secrecy Act and anti-money laundering laws aimed at safeguarding the financial system from illicit ...
The state’s financial regulators joined 47 others in taking against Cash App’s parent company for violations of bank secrecy ...
The Consumer Financial Protection Bureau on Thursday ordered payments firm Block to pay a penalty, citing fraud and weak ...
Block has agreed to pay $80 million in a settlement with dozens of state regulators over alleged problems with its program to ...
Block Inc. was fined by dozens of state regulators and then ordered by the Consumer Financial Protection Bureau to refund ...
According to CFPB, Block's security protocols for Cash App were insufficient, exposing users to potential fraud.
Each state will receive $1.6 million from the settlement, according to the R.I. Department of Business Regulation.