Cash App's parent company ordered to pay $175M for weak security procedures, feds say
Cash App's parent company Block has been ordered to pay $175 million to users and the Consumer Financial Protection Bureau's ...
Fox 5 NY5d
Cash App parent company to pay up to $120 million to fraud victims, feds say
The parent company of Cash App has been ordered to pay up to $120 million to fraud victims, in addition to a $55 million ...
CBS News5d
Cash App owner to pay up to $175 million for failing to protect customers from fraud, feds say
such as a dispute submission tool within Cash App; using AI to spot and stop fraud; and using advanced technology to warn customers about potential scams involving their transactions. Peer-to-peer ...
Nevada to receive funds from $80 million Cash App fraud settlement. How much?
The Consumer Financial Protection Bureau is also requiring Cash App to make up to $120 million in total redress payments to its customers.
AOL5d
Cash App owner failed to protect customers from fraud, feds say
such as a dispute submission tool within Cash App; using AI to spot and stop fraud; and using advanced technology to warn customers about potential scams involving their transactions. Failure to ...
Yahoo Finance6d
Cash App parent company agrees to $80M settlement
After that, Block will have one year to correct any issues found in the review, the bureau said. "My biggest concern is scammers telling consumers to use Cash App to send payments. There is no way ...
Digital Transactions6d
Block Agrees to Pay CFPB Fines Over Cash App’s Alleged Sloppy Fraud Prevention
Block added that “over the past several years, we’ve made significant investments in customer support and resolving concerns more efficiently, in addition to combating scams.” In November, Block ...