Cash App's parent company will have to pay $175 million for poorly protecting its users from fraud and financial crimes on the payment platform, officials said. The Consumer Financial Protection ...

The parent company of mobile banking platform Cash App has been ordered to pay $175 million to users due to weak security procedures, a federal agency says. The Consumer Financial Protection Bureau ...

Cash App users may receive a refund from the mobile banking platform after a government group ordered the company to pay out $175 million for its weak security procedures. The Consumer Financial ...

The parent company of Cash App has been ordered to pay up to $120 million to fraud victims, in addition to a $55 million penalty. The Consumer Financial Protection Bureau said Block used "weak ...

Cash App, a popular platform used to transfer money, faces paying out up to $120 million in refunds and other redress to harmed customers, plus $55 million in penalties, relating to its troubling ...

Cash App users may receive a refund from the mobile banking platform after a federal agency ordered the company to pay out $175 million for its weak security procedures, the second such major ...

The financial tech company is required to pay at least $75 million to Cash App customers and $55 million to a government-run penalty fund under a Thursday order from the Consumer Financial Protection ...

According to Research and Markets, money transfer apps are expected to account for 20% of financial transactions worldwide by ...