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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.
Customers of mobile payment service Cash App whose data or accounts were hacked can file a claim. ... — With reporting by the Associated Press. Disgraced ex-Congressman George Santos expected to ...
Cash App users have less than 24 hours to file a claim to get some cash from a $15 million settlement.. If their Cash App account was a part of a December 2021 data and security breach, users of ...
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 ...
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 $248 billion in annual inflows ...
(Reuters) -The Consumer Financial Protection Bureau on Thursday ordered payments firm Block to pay a penalty, citing fraud and weak security protocols on its mobile payment service Cash App. The ...