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

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 ...

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

The CFPB ordered Block to update its business practices to comply with the law, pay between $75 and $120 million to users ...

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

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

Block Inc. was fined by dozens of state regulators and then ordered by the Consumer Financial Protection Bureau to refund ...

Jack Dorsey’s Block Inc. will pay up to $175 million for failing to investigate and protect Cash App customers from ...

The owner of Cash App has been ordered to pay up to $120 million to victims of fraud on its payments platform on top of a $55 ...

CFPB said Block employed weak security protocols for payments platform Cash App and put its users at risk. It added that Block is required by law to investigate and resolve disputes about unauthorized ...

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