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Cash App-owner Block must offer up to $120 million in refunds to consumers who federal regulators say were exposed to potential fraud.
The government agency argued that one of Block's portfolio companies, the leading peer-to-peer payments service Cash App, had allowed rampant fraud while misleading its customers. The settlement ...
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 ...
Cash App (formerly Square Cash) is a digital wallet for American consumers. [1] Launched by Block, Inc. in 2013, it allows users to send, receive or save money, access a debit card, invest in stocks or bitcoin, [2] apply for personal loans, [3] and file taxes. [4]
Cash App is one of the largest peer-to-peer payment platforms in the U.S. and allows consumers to send and receive electronic money transfers, accept direct deposits and use a prepaid card to make ...
Cash App users had until last month to submit claims for a settlement in a class action lawsuit against the company. ... to file a claim for the $15 million in damages the mobile payment service ...
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The deadline is nearing for Cash App users to cash in on a $15 million settlement. Users can claim up to $2,500 if their account was affected. ... Cash App was ordered to pay out $15 million in ...