Block's Cash App Boom: What's Next
Block Inc. faces short-term challenges but aims for growth in 2025. Learn why XYZ stock could benefit from strategic product ...
CBS News28d
Cash App owner to pay up to $175 million for failing to protect customers from fraud, feds say
Block, the parent company of popular online payment service Cash App, has been ordered by a federal agency to pay as much as $175 million because of repeated failures by the financial services ...
Hosted on MSN29d
Block agrees to pay up to $120 million in refunds to resolve Cash App fraud
The government agency argued that one of Block's portfolio companies, the leading peer-to-peer payments service Cash App, had allowed rampant fraud while misleading its customers. The settlement ...
Maryland to receive $1.6 million in settlement with Cash App parent company
Block, Inc., the parent company of Cash App, has agreed to pay $80 million in a settlement with Maryland and 47 other states over violations of bank secrecy and anti-money laundering law, Maryland ...
USA Today24d
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 ...