Cash App (again) ordered to pay millions in refunds. How Kentucky users can get back money
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.
Tech Groups Sue to Block CFPB Rule Targeting Apple, Google (2)
A pair of trade groups representing Facebook parent Meta Platforms Inc., Apple Inc., and Google parent Alphabet Inc. sued to ...
GlobalData on MSN13d
Block fined over weak Cash App security controls
According to CFPB, Block's security protocols for Cash App were insufficient, exposing users to potential fraud.
Cryptopolitan on MSN14d
US consumer finance watchdog faces lawsuit for classifying digital wallets as banks
Technology trade groups TechNet and NetChoice filed a lawsuit on Jan. 16 to challenge the CFPB's regulatory approach.
USA Today9d
Cash App's parent company ordered to pay $175M for weak security procedures, feds say
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 ...
US CFPB fines Cash App-parent Block over insufficient fraud protection
The regulator said Block deprived Cash App users of meaningful and effective customer service and left the network vulnerable to criminals defrauding users. The move is one of the final regulatory ...
CT News Junkie10d
Connecticut Joins Settlement With Cash App Owner Block, Inc., For Violations And Security Failures
The Connecticut Department of Banking has announced that a multistate enforcement action against Block, Inc., the parent ...