Cash App's parent company Block has been ordered to pay $175 million to users and the Consumer Financial Protection Bureau's victim relief fund.
but this makes me feel more confident about the application's security. Cash App Taxes doesn’t “converse” with you like some other sites. Instead, it takes a straightforward approach and ...
The parent company of mobile banking platform Cash App has been ordered to pay $175 million to users due to weak security procedures, a federal agency says. The Consumer Financial Protection ...
The CFPB ordered Block to update its business practices to comply with the law, pay between $75 and $120 million to users whose unauthorized transfers weren't investigated and send a $55 million ...
This enforcement action comes because of Block's inadequate security measures and improper handling of unauthorised transaction disputes on its Cash App platform. According to the CFPB ...
Cash App was ordered to pay users refunds for its weak security procedures. Here's what users need to know about payments, timeline and more.
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.
According to the bureau, Cash App’s weak security measures put consumers at risk and made it difficult for users to get help after experiencing fraud on the platform. Cash App is also accused of ...
Cash App is a safe place to buy stocks. The app uses data encryption and multiple security locks to keep your account and assets safe. Users also receive push notifications when their accounts are ...
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.
CNBC Select will update as changes are made public. Cash App earned its reputation as a top money transfer app, but it has added more traditional banking features, including a high-yield savings ...