Cash App owner to pay up to $175 million for failing to protect customers from fraud, feds say
Cash App-owner Block must offer up to $120 million in refunds to consumers who federal regulators say were exposed to ...
Cash App fined $255 million in back-to-back settlements
Cash App is closing out the week on the hook for $255 million in multiple settlements around its consumer protections. Block, ...
Hoodline10d
Block's Cash App Ordered to Pay $175 Million by CFPB Over Fraudulent Transaction Handling
Cash App's parent company Block must pay up to $175 million after a CFPB crackdown on fraudulent transaction handling.
KTTV13d
Cash App parent company to pay up to $120 million to fraud victims, feds say
The parent company of Cash App has been ordered to pay up to $120 million to fraud victims, in addition to a $55 million ...
Direct Marketing News10d
Tech groups sue US CFPB over app rule
Tech organizations file a lawsuit against the US Consumer Financial Protection Bureau challenging new application regulations ...
Daily Voice Somerset County NJ on MSN13d
Cash App Users To Get Refunds In $175M Order As Feds Target Fraud
The parent company of Cash App, which has more than 56 million accounts, must also pay a $55 million fine into the CFPB ...
Opinion
American Banker18hOpinion
The CFPB's recent lawsuits cement the case for its dissolution
A trio of high-profile lawsuits issued at the tail end of the Biden administration indicate that the agency cares more about pursuing a political agenda than it does about helping American consumers.