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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 regulator said Block, which is led by Twitter Co-founder Jack Dorsey, directed Cash App users who experienced fraud-related losses to contact their banks for transaction reversals, which Block ...
The post 5 Common Cash App Scams and How to Avoid Them appeared first on Reader's Digest. ... you should immediately report the incident to Cash Support and cut off contact with the scammer ...
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] As of 2024, Cash App reports 57 million users and $14.7 billion in annual revenue ...
Cash App customers may be able to claim more than $2,500 each as part of a $15 million class-action settlement for data and security breaches at the mobile payment service.
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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 ...