Cash App operator Block to pay $175 million for fraud failures
Today, the Consumer Financial Protection Bureau (CFPB) imposed a penalty on Block, the operator of the Cash App, for its ...
CFPB orders Cash App parent Block to pay $175M for fraud failures
The Consumer Financial Protection Bureau ordered Block (NYSE:SQ) to pay restitution of up to $120M and a penalty of $55M over ...
Cash App parent fined $175 million for 'woefully incomplete' response to fraud
The Consumer Financial Protection Bureauordered Cash App (SQ) operator Block to pay a total of $175 million for failing to ...
CFPB Orders Cash App Operator to Compensate Consumers Over Fraudulent Payments
CFPB said Block employed weak security protocols for payments platform Cash App and put its users at risk. It added that Block is required by law to investigate and resolve disputes about unauthorized ...
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US consumer finance watchdog orders payments firm Block to pay $175 million
The Consumer Financial Protection Bureau (CFPB) on Thursday ordered payments firm Block to pay a penalty tied to the ...
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Check Your Account! Major Bank Sued for Fraud — You Could Be Owed Big Money
That's allegedly the case with Capital One Bank, which is being sued for $2 billion for fraud. According to ABC7 New York, ...
Tech Trade Groups Sue to Block CFPB Rule Targeting Apple, Google
A pair of trade groups representing Meta Platforms Inc., Apple Inc., and Google parent Alphabet Inc. sued to block a Consumer ...
Tech groups sue US CFPB to block rule on payment apps, digital wallets
Two technology trade groups sued the U.S. Consumer Financial Protection Bureau on Thursday to block a new rule giving the ...
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 ...
Apple Card may get taken over by Barclays, Synchrony
Just a day after the Goldman Sachs CEO said that his company's deal to service Apple Card customers may end early, two banks ...
You could save $200 per year thanks to the CFPB’s new cap on overdraft fees
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Buy Now, Pay Later: The Debt Trap You Didn't See Coming
If you frequently rely on Buy Now Pay Later (BNPL) schemes to cover your needs—and even your wants—you may want to take note ...