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 (again) ordered to pay millions in refunds. How Indiana users can get back money
Here's what Cash App users in Indiana need to know to ensure they're compensated by the mobile banking platform after the latest settlement.
Cash App's parent company ordered to pay $175M for weak security procedures, feds say
Cash App's parent company Block has been ordered to pay $175 million to users and the Consumer Financial Protection Bureau's victim relief fund.
Payment app users might get refunds. Here’s what we know
If you use Cash App and are now wondering if you need to take action in getting a possible refund, there’s actually further good news: In most cases, after a company pays its finds to the CFPB, the refunds are automatically distributed to all impacted parties, either through the CFPB or a payment administrator.
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.
Cash App ordered to pay $175M to users. Will you get a refund? Here's what to know
Cash App was ordered to pay users refunds for its weak security procedures. Here's what users need to know about payments, timeline and more.
Cash App ordered to refund $120 million: What you need to know
In a significant move by the Consumer Financial Protection Bureau (CFPB), Cash App has been mandated to refund $120 million to its users. This decision comes after the platform's failure to adequately address fraudulent transactions and customer service deficiencies.
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CashApp Customers Could Get a Refund for Fraud Protection Failures After CFPB Ruling
The CFPB ordered Block to update its business practices to comply with the law, pay between $75 and $120 million to users ...
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, ...
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CFPB Orders Cash App's Parent Company To Pay $175M
The parent company of Cash App, which has more than 56 million accounts, must also pay a $55 million fine into the CFPB ...
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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, ...
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 ...
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US CFPB fines Cash App-parent Block over insufficient fraud protection
"When things went wrong, Cash App flouted its responsibilities and even burdened local banks with problems that the ...