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Cash App customers to see refunds
Cash App owner to pay up to $175 million for failing to protect customers from fraud, feds say
Cash App-owner Block must offer up to $120 million in refunds to consumers who federal regulators say were exposed to potential fraud.
Bay Area company ordered to pay at least $75 million to wronged Cash App customers
Block, based in Oakland, was ordered Thursday to pay out at least $75 million to customers who had bad service experiences with Cash App.
Block agrees to pay up to $120 million in refunds to resolve Cash App fraud
The Consumer Financial Protection Bureau announced the order on Thursday in the waning days of the Biden administration.
4d
on MSN
Cash App Owner to Pay $80 Million Over Alleged Anti-Money-Laundering Deficiencies
Block has agreed to pay $80 million in a settlement with dozens of state regulators over alleged problems with its program to ...
3d
on MSN
Jefferies bullish on Block stock as compliance updates mitigate Cash App churn
Jefferies reiterated their Buy rating on Block Inc. (NYSE: SQ) stock, maintaining the price target of $110.00. The firm's analysis indicates that Block Inc. has effectively integrated changes to its ...
4d
on MSN
Block will pay $80M fine to state financial regulators over AML law violations
Block (NYSE:SQ) has agreed to an $80M settlement with 48 state financial regulators who found that one the company's payment ...
CNET on MSN
6d
IRS 1099-K Update: Venmo, PayPal and Cash App Users Should Know About This New Tax Rule
Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...
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