Two technology trade groups sued the U.S. Consumer Financial Protection Bureau on Thursday to block a new rule giving the ...

The Consumer Financial Protection Bureau (CFPB) announced today that's it's fining Block, the creator of Cash App and parent ...

According to CFPB, Block's security protocols for Cash App were insufficient, exposing users to potential fraud.

Cash App-owner Block must offer up to $120 million in refunds to consumers who federal regulators say were exposed to ...

The Consumer Financial Protection Bureau on Thursday ordered payments firm Block to pay a penalty, citing fraud and weak ...

The Consumer Financial Protection Bureau (CFPB) on Thursday ordered payments firm Block to pay a penalty citing fraud and ...

The Consumer Financial Protection Bureau announced the order on Thursday in the waning days of the Biden administration.

Cash App's parent company Block failed to investigate fraud and unauthorized transactions, and refused to refund customers, the Consumer Financial Protection Bureau said.

Equifax agreed to resolve allegations that it failed to conduct proper investigations of consumer disputes, ignored evidence ...

The parent company of Cash App has been ordered to pay up to $120 million to fraud victims, in addition to a $55 million ...

Technology trade groups TechNet and NetChoice filed a lawsuit on Jan. 16 to challenge the CFPB's regulatory approach.