Jan 16, 2025 · – Today, the Consumer Financial Protection Bureau (CFPB) ordered Block, the operator of the peer-to-peer payments app Cash App, to refund and pay other redress to consumers up to $120 million and pay a penalty of $55 million into the CFPB’s victims relief fund. Block employed weak security protocols for Cash App and put its users at risk.

To contact Cash App about the settlement: You can call us at 1 (888) 488-1181, email us at [email protected] or contact Cash Support in the app. In addition, you can reach us by mail at the address below: Cash App MSC 210. 1955 Broadway, Suite 600. Oakland, CA 94612

Jan 21, 2025 · The Consumer Financial Protection Bureau (CFPB) an independent federal agency responsible for consumer financial protections, issued an order last week for Block, Cash App's parent company, to ...

Jan 17, 2025 · Block has agreed to pay up to $120 million to consumers harmed by fraudulent transactions and unfair business practices detailed by the Consumer Financial Protection Bureau (CFPB) in a consent...

Jan 16, 2025 · Consumers with inquiries related to redress under the order may contact Block, Inc. by toll-free phone at 1-888-488-1181; by email at [email protected]; or by mail at Cash App MSC 210, 1955 Broadway, Suite 600, Oakland, CA 94612.

Jan 17, 2025 · Cash App is accused of “allow [ing] fraud to proliferate” by the CFPB and has been ordered to pay settlements totaling $255 million to state and federal regulators.

Jan 16, 2025 · Cash App, a popular platform used to transfer money, faces paying out up to $120 million in refunds and other redress to harmed customers, plus $55 million in penalties, relating to its...

Jan 17, 2025 · The Consumer Financial Protection Bureau on Thursday ordered Cash App's parent company Block to refund customers $120 million and pay a penalty of $55 million for failing to prevent fraud or provide customers with refunds.

Jan 16, 2025 · The Consumer Financial Protection Bureau fined Cash App and its parent company, Block, $175 million Thursday for how it handled customer fraud complaints during the pandemic era.

Jan 16, 2025 · The Consumer Financial Protection Bureau on Thursday ordered payments firm Block to pay a penalty, citing fraud and weak security protocols on its mobile payment service Cash App.