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Block Inc. reached an agreement with the Consumer Financial Protection Bureau early Thursday under which it will pay up to $175 million in restitution for what the CFPB claims were sloppy and ...

CFPB says Block deployed weak security protocols on Cash App Block ordered to pay up to $120 mln as compensation, $55 mln penalty Company says it disagrees with regulator's 'mischaracterizations ...

Investor Kevin O’Leary, widely known as a star from “Shark Tank,” said he offered TikTok’s owners $20 billion in cash to buy ...

The financial sector in the United States is undergoing a significant transformation, driven by the emergence of neobanks and cash apps. These platforms are leveraging cutting-edge technology to ...

Expect this tax form on any earnings over $5,000 that were paid via PayPal, Venmo, Cash App or another similar service. After two years of delays, the IRS is finally implementing a tax reporting ...

The Consumer Financial Protection Bureau (CFPB) announced today that's it's ordering Block, the creator of Cash App and parent company of Square, to pay up to $120 ...

You might recognized Cash App: a mobile payment service run by Block. According to the press release, Block will pay an $80 million penalty under a multistate settlement that was signed this week ...