Cash App Parent Block to Pay $45M to States Over Fraud, Deceptive Safety Claims

Block Inc., the parent company of Cash App, will pay $45 million to 46 states and honor a $75 million to $120 million ...
American Banker

Block to pay $45M to states for fraud on Cash App

A settlement with 46 states resolves allegations that Block's Cash App engaged in deceptive marketing and failed to maintain ...
American Banker

Dorsey shakes up Block management to boost sales and innovation

When Block paid $29 billion for Afterpay in 2021, it enabled the payments company to ride the coattails of buy now/pay later lending. Three years later, the acquisition is also contributing to a much ...
Yahoo Finance

Block Expands Afterpay and Cash App Pay Across New Brands

The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for ...
Digital Transactions

Block Agrees to Pay CFPB Fines Over Cash App’s Alleged Sloppy Fraud Prevention

Block Inc. reached an agreement with the Consumer Financial Protection Bureau early Thursday under which it will pay up to $175 million in restitution for what the CFPB claims were sloppy and ...
Business Insider

Here's what payment companies like Visa, Block, and PayPal are paying AI workers to combat fraud and improve customer experience

The payments industry, which facilitates transactions via credit cards and digital wallets, has long relied on large amounts of data to operate. In recent years, these companies have used this data to ...
Wall Street Journal

Block to Pay $40 Million in Settlement With New York Finance Regulator Over Anti-Money-Laundering Programs

Block will pay a $40 million settlement with the New York State Department of Financial Services, which alleged the fintech company failed to maintain effective anti-money-laundering programs. The ...