Block XYZ.N will pay a $40 million civil fine and hire an independent monitor to settle charges by New York's financial services regulator that it failed to adequately police and stop money laundering ...

Block Inc., maker of the popular Cash App, has been hit with a $40 million fine by New York for its alleged failure to report suspicious activity. The move marks the latest in a string of recent state ...

A judge will consider final approval next month of a $12.5 million settlement covering Washington residents who got text ...

Fintech firm Block has agreed to pay a $40m fine after New York’s Department of Financial Services (DFS) found “significant” lapses in its anti-money laundering compliance programme linked to its Cash ...

NEW YORK, April 10 (Reuters) - Block (XYZ.N), opens new tab will pay a $40 million civil fine and hire an independent monitor to settle charges by New York's financial services regulator that it ...

Digital payments company Block Inc. has reached a $40 million settlement with New York regulators over alleged compliance misconducts tied to its Cash App platform, Bloomberg reported on April 10.

Block Inc., the digital payments firm founded by billionaire Jack Dorsey, was fined $40 million by New York for alleged anti-money-laundering inadequacies and cryptocurrency compliance failures on its ...

Did you get an unwanted text from Cash App? The company is paying out a share of a $12.5 million settlement, but you must ...

Block, Inc., the parent company of Cash App, has agreed to a $12.5 million settlement in a class-action lawsuit. As we previously reported, the settlement comes after Cash App was accused of forcing ...

The New York State Department of Financial Services (DFS) has fined Block, Inc. (NYSE:XYZ) $40 million for violations tied to its anti-money laundering and virtual currency compliance protocols on the ...