consumer financial protection bureau block inc - Search News

Cash App, Block

Stocktwits on MSN · 1d

Consumer Finance Watchdog Asks Block To Pay $175M Over Cash App Deficiencies: Retail Remains Unfazed

The Consumer Financial Protection Bureau (CFPB) has ordered Block Inc., the operator of peer-to-peer payments app Cash App, to pay $175 million in refunds, compensation, and penalties for certain deficiencies.

Digital Transactions · 1d

Block Agrees to Pay CFPB Fines Over Cash App’s Alleged Sloppy Fraud Prevention

The CFPB is also ordering Block to fix Cash App’s customer service and its processes for investigating disputed transactions, in part by setting up 24-hour, live-person customer service. The order requires Block to fully investigate unauthorized transactions and to provide timely refunds when appropriate.

news.bloomberglaw · 1d

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 fraudulent transactions under a settlement with the Consumer Financial Protection Bureau.

CFPB Fines Equifax $15M Over Consumer Dispute Probes

ConsumerAffairs · 9h

Equifax fined $15 million over its handling of consumer disputes

The Consumer Financial Protection Bureau has imposed a $15 million fine on Equifax, a consumer reporting agency, for failing to adequately investigate cons

MarketWatch · 11h

CFPB Fines Equifax $15M Over Consumer Dispute Probes -- Update

The Consumer Financial Protection Bureau alleged Friday that Equifax made it difficult for consumers to fully describe their disputes and ignored evidence submitted with those disputes. It also lacked the systems needed to prevent previously deleted errors from being put back on credit reports,

The College Investor on MSN · 7h

Equifax Fined $15M Over Credit Errors And Dispute Handling

Key Points ・The CFPB ordered Equifax to pay $15 million for mishandling consumer disputes and re-inserting previously deleted mistakes. ・Flawed processes led to confusing letters, inaccurate credit scores,

1d

Cash App Owner Hit With Over $100M Fine For Fraud And Customer Service Issues

The U.S. Consumer Financial Protection Bureau found that Block, which is owned by Twitter founder, Jack Dorsey, failed to ...

7h

Cash App fined $255 million in back-to-back settlements

Cash App is closing out the week on the hook for $255 million in multiple settlements around its consumer protections. Block, ...

1d

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 ...

3d

Tech Groups Sue to Block CFPB Rule Targeting Apple, Google (2)

A pair of trade groups representing Facebook parent Meta Platforms Inc., Apple Inc., and Google parent Alphabet Inc. sued to ...

1d

Tech groups sue US CFPB to block rule on payment apps, digital wallets

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

Channel NewsAsia Singapore22h

US consumer finance watchdog orders payments firm Block to pay $175 million

The Consumer Financial Protection Bureau (CFPB) on Thursday ordered payments firm Block to pay a penalty tied to the ...

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