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Cash App, Consumer Financial Protection Bureau

CBS News on MSN · 1d

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 potential fraud.

Reuters on MSN · 2d

US CFPB fines Cash App-parent Block over insufficient fraud protection

The Consumer Financial Protection Bureau on Thursday ordered payments firm Block to pay a penalty, citing fraud and weak security protocols on its mobile payment service Cash App. The regulator said Block,

Wall Street Journal · 2d

Cash App Owner Hit With Fines in Back-to-Back Settlements

Block Inc. was fined by dozens of state regulators and then ordered by the Consumer Financial Protection Bureau to refund consumers in two separate settlements in the last 24 hours over Cash App. The CFPB Thursday ordered Block,

2d

CFPB Fines CashApp $175 Million for Allegedly Mishandling Fraud Claims

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 ...

2don MSN

CFPB sued for trying to regulate digital payment apps more like banks

Two major tech trade groups are challenging the Consumer Financial Protection Bureau’s (CFPB) effort to treat payment apps ...

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