The parent company of Cash App, which has more than 56 million accounts, must also pay a $55 million fine into the CFPB’s victims relief fund. The CFPB found that Block failed to properly investigate ...

The CFPB ordered Block to update its business practices to comply with the law, pay between $75 and $120 million to users ...

In a significant move by the Consumer Financial Protection Bureau (CFPB), Cash App has been mandated to refund $120 million ...

Cash App is closing out the week on the hook for $255 million in multiple settlements around its consumer protections. Block, the company that owns Cash App, agreed Wednesday to pay $80 million to 48 ...

Under the enforcement action, the CFPB has also ordered Block to set up a 24-hour, live-person customer service to investigate unauthorized transactions and provide timely refunds, where appropriate.

The Consumer Financial Protection Bureau (CFPB) has hit U.K.-based remittance company Wise with about a $2 million fine for ...

Here's what Cash App users in Indiana need to know to ensure they're compensated by the mobile banking platform after the latest settlement.

The CFPB said that Block used a range of tactics to stop customers from seeking help, forcing them — and their banks — to bear financial losses. For years, Block failed to provide any live customer ...

If you use Cash App and are now wondering if you need to take action in getting a possible refund, there’s actually further ...

Here's what Cash App users in Kentucky need to know to ensure they're compensated by the mobile banking platform. The CFPB, which enforces federal consumer finance laws, claims Cash App "tricked ...

Here's what Cash App users in Indiana need to know to ensure they're compensated by the mobile banking platform. The CFPB, which enforces federal consumer finance laws, claims Cash App "tricked ...