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Cash App, Pay
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.
Cash App Ordered to Pay $255 Million in Penalties Over Fraud
The transfer-money app, owned by Jack Dorsey’s Block, racked up a hefty bill of fines and restitution for what federal regulators called “woefully incomplete” customer protections.
CFPB fines Block $175m over Cash App's lax fraud controls
The Consumer Financial Protection Bureau (CFPB) announced today that's it's fining Block, the creator of Cash App and parent company of Square, $120 million in "refunds and redress" and a $55 million fine for how the company handled fraud on its payment platform.
1h
on MSN
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 ...
1d
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.
23h
How a useless customer service number got Cash App in big trouble with regulators
The Consumer Financial Protection Bureau says Cash App did not provide an in-person helpline, a failure that scammers were ...
13d
Cash App Taxes 2025 (Tax Year 2024)
Cash App Taxes is an authorized e-file provider that adheres to the IRS's business, privacy, and security standards. The ...
3h
on MSN
Cash advance apps: Financial relief, or "loan shark in your pocket"?
Dave isn't the only cash advance app to be targeted by federal regulators; the FTC settled similar complaints late last year ...
CNET on MSN
4d
IRS 1099-K Update: Venmo, PayPal and Cash App Users Should Know About This New Tax Rule
The IRS currently requires any third-party payment apps like Cash App and Venmo to send a 1099-K to the IRS and individuals ...
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Related topics
CFPB
Consumer Financial Protection Bureau
block inc
Bank Secrecy Act
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