The Consumer Financial Protection Bureau ordered Cash App (SQ) operator Block to pay a total of up to $175 million for failing to address fraud on the mobile payment network. “Cash App created ...
The Consumer Financial Protection Bureau has ordered Block, Cash App's parent company, to pay $120 million to Cash App users and $55 million to its victim relief fund. The Consumer Financial ...
Many operating in the shadows of the digital economy are finding Cash App, their once-reliable money pipeline, under ...
Block, the parent company of popular online payment service Cash App, has been ordered by a federal agency to pay as much as $175 million because of repeated failures by the financial services ...
Cash App users who were victims of fraud may have money coming their way, after the app's parent company was fined $175 million for "weak" security measures and poor customer service.
Block, the company that owns Cash App, agreed Wednesday to pay $80 million to 48 states that fined the company for violating laws intended to keep illicit activity off the platform. “State ...
The parent company of Cash App has been ordered to pay up to $120 million to fraud victims, in addition to a $55 million penalty. The Consumer Financial Protection Bureau said Block used "weak ...
The parent company of mobile banking platform Cash App has been ordered to pay $175 million to users due to weak security procedures, a federal agency says. The Consumer Financial Protection ...