The Consumer Financial Protection Bureau is also requiring Cash App to make up to $120 million in total redress payments to ...

Cash App's parent company will have to pay $175 million for poorly protecting its users from fraud and financial crimes on ...

With President Joe Biden’s term nearly over, federal agencies should be winding down activities for the year and preparing ...

Cash App, a platform owned by Jack Dorsey’s Block Inc., has come under fire for failing to uphold adequate consumer protections.

Cash App's parent company will have to pay $175 million for poorly protecting its users from fraud and financial crimes on ...

If you lost money to scammers or had your account frozen on a popular peer-to-peer payment platform, you might be due for a ...

The Consumer Financial Protection Bureau says Cash App did not provide an in-person helpline, a failure that scammers were ...

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

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

The CFPB is also ordering Block to fix Cash App’s customer service and its processes for investigating disputed transactions, ...

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

Block has been ordered to pay a combined $255 million by state regulators and the CFPB over AML and fraud failures connected to the Cash App.