Payment app users might get refunds. Here’s what we know
If you use Cash App and are now wondering if you need to take action in getting a possible refund, there’s actually further ...
Cryptopolitan on MSN13d
US consumer finance watchdog faces lawsuit for classifying digital wallets as banks
Technology trade groups TechNet and NetChoice filed a lawsuit on Jan. 16 to challenge the CFPB's regulatory approach.
Cash App (again) ordered to pay millions in refunds. How Kentucky users can get back money
Here's what Cash App users in Kentucky need to know to ensure they're compensated by the mobile banking platform after the latest settlement.
Cash App fined $255 million in back-to-back settlements
Cash App is closing out the week on the hook for $255 million in multiple settlements around its consumer protections. Block, ...
USA Today9d
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 ...
GlobalData on MSN13d
Block fined over weak Cash App security controls
According to CFPB, Block's security protocols for Cash App were insufficient, exposing users to potential fraud.
CBS News13d
Cash App owner to pay up to $175 million for failing to protect customers from fraud, feds say
Block has agreed to pay up to $120 million to consumers harmed by fraudulent transactions and unfair business practices detailed by the Consumer Financial Protection Bureau (CFPB) in a consent ...
American Banker2h
Capital One outage, CFPB uncertainty: Top banking news January 2025
Capital One's five-day interruption, President Trump's planned dismantling of the Consumer Financial Protection Bureau and more this month.