Cash App flouted its responsibilities and even burdened local banks with problems that the company caused.” The sum includes up to $120 million to compensate consumers and a fine of $55 million ...

Many operating in the shadows of the digital economy are finding Cash App, their once-reliable money pipeline, under ...

The parent company of mobile banking ... Act requires that peer-to-peer platforms like Cash App investigate disputes and cannot "use fine print to escape these legal requirements," according ...

Oregon will get a $1.6 million share of an $80 million fine that Cash App parent company Block will pay for violations of bank secrecy and anti-money laundering laws. In addition to the $80 ...

The parent company of Cash App has been ordered to pay up to $120 ... Block was also ordered to pay a $55 million fine to the CFPB’s victims relief fund. The Source: This story was reported ...

Cash App users who were victims of fraud may have money coming their way, after the app's parent company was fined $175 million for "weak" security measures and poor customer service.