Block, the parent company of popular online payment service Cash App, has been ordered by a federal agency to pay as much as $175 million because of repeated failures by the financial services ...

・Cash App has prevented over $2 billion in potential scam payments using real-time alerts and AI technology. ・The platform flags risky transactions before money is sent, giving users the chance to ...

According to Block’s filing with the U.S. Securities and Exchange Commission, the breach occurred when a former employee downloaded reports on Dec. 10, 2021, that contained sensitive customer ...

Cash App users may receive a refund from the mobile banking platform after a federal agency ordered the company to pay out $175 million for its weak security procedures, the second such major ...

Cash App, a popular platform used to transfer money, faces paying out up to $120 million in refunds and other redress to harmed customers, plus $55 million in penalties, relating to its troubling ...

The deadline for Cash App users to file a claim for reimbursement for the 2021 data and security breach has passed; but some users still have questions regarding the process. Users had until Nov. 18, ...

Cash App users may receive a refund from the mobile banking platform after a federal agency ordered the company to pay out $175 million for its weak security procedures, the second such major ...