Block Inc. said its Square Financial Services industrial bank subsidiary received approval from the US Federal Deposit ...
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Cash App owner failed to protect customers from fraud, feds sayBlock, 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 ...
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WCMH Columbus on MSNUse Cash App? You may be entitled to some moneyThe CFPB said in a statement that “Block employed weak security protocols for Cash App and put its users at risk. Block ...
A federal agency ordered Cash App to pay users and the government to directly and indirectly compensate them for the mobile app's weak security procedures. The dollar amount for refunds and when ...
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