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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 to Pay $80 Million Over Alleged Anti-Money-Laundering Deficiencies
Block has agreed to pay $80 million in a settlement with dozens of state regulators over alleged problems with its program to counter money laundering.
State Regulators Issue $80 Million Penalty to Block, Inc., Cash App for BSA/AML Violations
In a coordinated enforcement action by 48 state financial regulators, Block, Inc. will pay an $80 million fine and undertake corrective action for violations of the Bank Secrecy Act (BSA) and anti-money laundering (AML) laws that safeguard the financial system from illicit use.
Block will pay $80M fine to state financial regulators over AML law violations
Block (NYSE:SQ) has agreed to an $80M settlement with 48 state financial regulators who found that one the company's payment ecosystems, Cash App, lacked adequate anti-money laundering measures, according to a statement issued on Wednesday.
4d
on MSN
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 ...
MLB
2d
Joe Block reflects on Bob Uecker's legacy
Joe Block discusses Bob Uecker's legacy in baseball, the friendship they had, what he learned from him in broadcasting games ...
Hoodline
1d
Block, Inc. Settles for $80 Million Amid Nationwide Crackdown on Bank Secrecy Act Violations
Block, Inc. faces a joint crackdown by the DCCA and 47 states for BSA/AML violations, incurring an $80 million penalty and ...
1d
This charging block was featured at CES because it’s that awesome
This travel-friendly charger, measuring about 2" x 2", won’t take up much room in your bag while packing the ability to power ...
Business Wire
9h
BLOCK SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class ...
Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until ...
1d
Would Deion Sanders block his son, Shedeur, from playing for the Browns? Hey, Mary Kay!
CLEVELAND, Ohio — In this edition of Hey, Mary Kay! I answer questions about Colorado quarterback Shedeur Sanders, Justin ...
1d
on MSN
FTC orders Genshin Impact's developer to block young teens from making in-game purchases
Kids and younger teens might soon be unable to play Genshin Impact's gachas. The developer behind the game has agreed to ...
2d
Automaker group files lawsuit to block US automatic emergency braking rule
A group representing major automakers said on Friday it filed a lawsuit to block a landmark rule from the administration of ...
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