Block, the parent company of popular online payment service Cash App, has been ordered by a federal ... "In numerous instances, respondent failed to conduct investigations promptly or in some ...
to pay $120 million to Cash App users and $55 million to its victim relief fund. The Consumer Financial Protection Bureau claims Block failed to investigate transaction disputes, "tricked" users ...
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CFPB Orders Cash App's Parent Company To Pay $175MThe parent company of Cash App, which has more than 56 million accounts, must also pay a $55 million fine into the CFPB’s victims relief fund. The CFPB found that Block failed to properly investigate ...
Cash App's parent, Block Inc., settled two regulatory actions, one with the Consumer Financial Protection Bureau and another with state agencies.
Block, the parent company of popular online payment service Cash App, has been ordered by a federal ... "In numerous instances, respondent failed to conduct investigations promptly or in some ...
The Consumer Financial Protection Bureau accused Cash App's parent company, Block, Inc., of unfair customer practices and ordered the company to pay fines for violations that included ...
Here's what Cash App users in Kentucky need to know to ensure they're compensated by the mobile banking platform after the latest settlement.
If you lost money to scammers or had your account frozen on a popular peer-to-peer payment platform, you might be due for a refund.
Cash App parent company 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. The company ...
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Cash App's parent company ordered to pay $175M for weak security procedures, feds sayThe parent company of mobile banking platform Cash App has been ordered to pay $175 million to users due to weak security ... investigate and resolve unauthorized transaction disputes but failed to do ...
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