CFPB, Cash App and Block

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.
US CFPB fines Cash App-parent Block over insufficient fraud protection
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.
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.
Block fined over weak Cash App security controls
According to CFPB, Block's security protocols for Cash App were insufficient, exposing users to potential fraud.
US consumer finance watchdog fines payments firm Block over Cash App operations
The Consumer Financial Protection Bureau (CFPB) on Thursday ordered payments firm Block to pay a penalty citing fraud and weak security protocols on its mobile payment service Cash App. The regulator said Block,
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Block, Inc. Settles for $80 Million Amid Nationwide Crackdown on Bank Secrecy Act Violations
Block, Inc. faces a joint crackdown by the DCCA and 47 states for BSA/AML violations, incurring an $80 million penalty and ...
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BLOCK SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class ...
Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until ...
Los Angeles wildfires: Altadena resident stunned to find home was only one left standing on his block
An Altadena resident captured a stunning video showing his home as the only one left standing following the devastating Eaton ...
This charging block was featured at CES because it’s that awesome
This travel-friendly charger, measuring about 2" x 2", won’t take up much room in your bag while packing the ability to power ...
Would Deion Sanders block his son, Shedeur, from playing for the Browns? Hey, Mary Kay!
CLEVELAND, Ohio — In this edition of Hey, Mary Kay! I answer questions about Colorado quarterback Shedeur Sanders, Justin ...
FTC orders Genshin Impact's developer to block young teens from making in-game purchases
Kids and younger teens might soon be unable to play Genshin Impact's gachas. The developer behind the game has agreed to ...
Automaker group files lawsuit to block US automatic emergency braking rule
A group representing major automakers said on Friday it filed a lawsuit to block a landmark rule from the administration of ...