Block, the parent company of popular online payment service Cash App, has been ordered by a federal agency to pay as much as $175 million because of repeated failures by the financial services ...
ABC7 San Francisco: Venmo, Zelle, Cash App put on notice after claims payment apps leave consumers vulnerable to fraud
Venmo, Zelle, Cash App put on notice after claims payment apps leave consumers vulnerable to fraud
CBS News: Cash App owner to pay up to $175 million for failing to protect customers from fraud, feds say
Cash App owner to pay up to $175 million for failing to protect customers from fraud, feds say
USA Today: Cash App's parent company ordered to pay $175M for weak security procedures, feds say
The Consumer Financial Protection Bureau has ordered Block, Cash App's parent company, to pay $120 million to Cash App users and $55 million to its victim relief fund. The Consumer Financial ...
Cash App's parent company ordered to pay $175M for weak security procedures, feds say