In one instance cited in the agency's consent order, Cash App instructed a customer who reported an unauthorized debit card to contact the person's bank, shirking its statutory duty to investigate ...
I’m so disappointed with Jack. That’s how he signed his name on a legal challenge against his company brought by federal regulators. Just “Jack.” This Jack can get away with it. He’s Madonna or Elvis.
Block Inc. faces short-term challenges but aims for growth in 2025. Learn why XYZ stock could benefit from strategic product ...
including one roadblock where the company listed a phone number on the back of the Cash App card and in the terms of agreement that only connected customers to a recorded message. Consumers who ...
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 Bureau ...
Cash App earned its reputation as a top money transfer app, but it has added more traditional banking features, including a high-yield savings account (HYSA) and VISA-branded debit card ...
Additionally, Cash App offers personal finance management tools, investment options in stocks and Bitcoin, and a debit card called the ‘Cash Card’ that allows users to spend their Cash App ...
The Consumer Financial Protection Bureau has ordered Block, Cash App's parent company, to pay $120 million to Cash App users and $55 million to its victim relief fund. The Consumer Financial ...
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 ...