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 ...

Jan. 16, 2025 Cash App, the smartphone payments tool that allows instant money transfers and is popular with young people, has made billions in profits for Block, the technology conglomerate run ...

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 ...