Hosted on MSN10d
CFPB Orders Cash App's Parent Company To Pay $175M
The parent company of Cash App, which has more than 56 million accounts, must also pay a $55 million fine into the CFPB ...
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, ...
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 ...
Yahoo Finance13d
Block fined over weak Cash App security controls
The Consumer Financial Protection Bureau (CFPB) has mandated Block, the company behind Cash App, to provide refunds and other redress to consumers amounting to up to $120m and to pay a $55m ...
AZ Central9d
Cash App's parent company ordered to pay $175M for weak security procedures, feds say
The Consumer Financial Protection Bureau (CFPB) an independent federal agency responsible for consumer financial protections, issued an order last week for Block, Cash App's parent company ...
AOL8d
Block agrees to pay up to $120 million in refunds to resolve Cash App fraud
In a press release, Block said that the guiding principle for Cash App is to "do right by our customers." "While we strongly disagree with the CFPB’s mischaracterizations, we made the decision ...
WCMH Columbus on MSN8d
Use Cash App? You may be entitled to some money
Millions of people use Cash App to send or receive money every day, but the popular peer-to-peer payment service is now ...