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 ...

In a significant move by the Consumer Financial Protection Bureau (CFPB), Cash App has been mandated to refund $120 million to its users. This decision comes after the platform's failure to adequately ...

Cash App's parent company Block has been ordered to pay $175 million to users and the Consumer Financial Protection Bureau's victim relief fund.

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 ...

Block separately agreed on Tuesday to pay $80 million to state regulators ... banks — to bear financial losses. For years, Block failed to provide any live customer service agents for Cash App, which ...

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

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.

The parent company of mobile banking platform Cash App has been ordered to pay $175 million to users ... unauthorized transaction disputes but failed to do so. Block, according to the bureau ...

"Cash App created the conditions for fraud to proliferate on its popular payment platform,” said ... targeted by fraudsters in this way but failed to take timely action to address the issue ...