KOB 43h
New Mexico to get $1.6M from settlement with Cash App parent company
The parent company of Cash App will pay around $1.6 million to New Mexico to settle claims that the company wasn't doing ...
Block to pay $80M for violating Bank Secrecy Act, anti-money laundering laws
In a coordinated enforcement action by 48 state financial regulators, Block will pay an $80M fine and undertake corrective action for ...
Block to Pay $175 Million for Cash App Customer Service Failures
Jack Dorsey’s Block Inc. will pay up to $175 million for failing to investigate and protect Cash App customers from ...
48 states hit Cash App operator with a $80m fine
Each state will receive $1.6 million from the settlement, according to the R.I. Department of Business Regulation.
Nevada joins $80 million enforcement against Block Inc over insufficient enforcement
The State of Nevada has joined 47 other regulatory agencies in taking action against Block Inc, the mobile payment service ...
Hoodline14h
Illinois Joins 47 States in Coordinated Enforcement Action Against Block, Inc. for Alleged BSA and AML Violations
Illinois and 47 other states took coordinated enforcement action against Block, Inc. for BSA and AML regulation breaches ...
Albuquerque Journal22h
NM to receive $1.6M as part of Cash App settlement
Block violated the Bank Secrecy Act and anti-money laundering laws aimed at safeguarding the financial system from illicit ...
How AI Is Transforming Banking and What It Means for Your Money
Artificial Intelligence (AI) is part of us and has transformed how we live and work today. This transformation is also ...
BitMEX Fined $100 Million for Violating US Bank Secrecy Act
Pioneering cryptocurrency exchange BitMEX was ordered by a judge to pay a $100 million fine for violating US anti-money ...