According to CFPB, Block's security protocols for Cash App were insufficient, exposing users to potential fraud.

Cash App's parent company Block must pay up to $175 million after a CFPB crackdown on fraudulent transaction handling.

Cash App-owner Block must offer up to $120 million in refunds to consumers who federal regulators say were exposed to ...

Block, based in Oakland, was ordered Thursday to pay out at least $75 million to customers who had bad service experiences ...

The Consumer Financial Protection Bureau on Thursday ordered payments firm Block to pay a penalty, citing fraud and weak ...

The Consumer Financial Protection Bureau (CFPB) on Thursday ordered payments firm Block to pay a penalty citing fraud and ...

Cash App's parent company will have to pay $175 million for poorly protecting its users from fraud and financial crimes on ...

Cash App's parent company will have to pay $175 million for poorly protecting its users from fraud and financial crimes on ...

Cash App's parent company Block failed to investigate fraud and unauthorized transactions, and refused to refund customers, the Consumer Financial Protection Bureau said.

Equifax agreed to resolve allegations that it failed to conduct proper investigations of consumer disputes, ignored evidence ...

The parent company of Cash App has been ordered to pay up to $120 million to fraud victims, in addition to a $55 million ...