・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 ...

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 ...

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 ...

There’s not much time for Cash App users to file a claim for reimbursement for the data and security breach. Users have until Nov. 18, 2024, to file a claim for the $15 million in damages the mobile ...

ATLANTA — Cash App is being ordered to pay back tens of millions of dollars to customers who were victims of scams on the money-sharing app. Cash App will have to pay up to $120 million to customers ...

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 ...