Cash App-owner Block must offer up to $120 million in refunds to consumers who federal regulators say were exposed to ...

Cash App's parent, Block Inc., settled two regulatory actions, one with the Consumer Financial Protection Bureau and another ...

The transfer-money app, owned by Jack Dorsey’s Block, racked up a hefty bill of fines and restitution for what federal ...

Each state will receive $1.6 million from the settlement, according to the R.I. Department of Business Regulation.

The parent company of Cash App has been ordered to pay up to $120 million to fraud victims, in addition to a $55 million ...

Block Inc., developer of the popular Cash App digital wallet, agreed to pay $80 million for violating money-laundering and other regulations, the Maine Bureau of Consumer Credit Protection announced ...

The financial sector in the United States is undergoing a significant transformation, driven by the emergence of neobanks and ...

Jack Dorsey’s Block Inc. will pay up to $175 million for failing to investigate and protect Cash App customers from ...

If you have ever needed to settle up with a friend after dinner or shuffle some cash between accounts at multiple banks, ...

Maine and several other states led the effort to force Cash App to make a settlement for violating consumer protection laws.

Washington, D.C., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Washington, D.C .— In a coordinated enforcement action by 48 state financial regulators, Block, Inc. will pay an $80 million fine and undertake ...