block - Search News

Cash App, Block

Hosted on MSN · 2d

Block agrees to pay up to $120 million in refunds to resolve Cash App fraud

The Consumer Financial Protection Bureau announced the order on Thursday in the waning days of the Biden administration.

US CFPB fines Cash App-parent Block over insufficient fraud protection

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 Wall Street Journal on MSN · 3d

Cash App Owner to Pay $80 Million Over Alleged Anti-Money-Laundering Deficiencies

Block has agreed to pay $80 million in a settlement with dozens of state regulators over alleged problems with its program to counter money laundering.

Business Insider · 3d

State Regulators Issue $80 Million Penalty to Block, Inc., Cash App for BSA/AML Violations

In a coordinated enforcement action by 48 state financial regulators, Block, Inc. will pay an $80 million fine and undertake corrective action for violations of the Bank Secrecy Act (BSA) and anti-money laundering (AML) laws that safeguard the financial system from illicit use.

Seeking Alpha on MSN · 3d

Block will pay $80M fine to state financial regulators over AML law violations

Block (NYSE:SQ) has agreed to an $80M settlement with 48 state financial regulators who found that one the company's payment ecosystems, Cash App, lacked adequate anti-money laundering measures, according to a statement issued on Wednesday.

Block, Inc. Settles for $80 Million Amid Nationwide Crackdown on Bank Secrecy Act Violations

Block, Inc. faces a joint crackdown by the DCCA and 47 states for BSA/AML violations, incurring an $80 million penalty and ...

1d

Block’s Regulatory Challenges and Investor Sentiment: Justifying a Sell Rating

James Faucette, an analyst from Morgan Stanley, maintained the Sell rating on Block (SQ – Research Report). The associated price target remains ...

1d

Automaker group files lawsuit to block US automatic emergency braking rule

A group representing major automakers said on Friday it filed a lawsuit to block a landmark rule from the administration of ...

Block Inc. to Pay $80 Million in Settlement for Violations of Bank Secrecy and AML Laws

Oregon and 47 states settled with Block Inc. for BSA/AML violations, imposing an $80 million penalty and requiring an ...

1don MSN

House Dems threaten to block Trump's big tariff plans: 'Unacceptable'

A group of House Democrats is pushing to block President-elect Donald Trump from being able to impose his sweeping plan for ...

1don MSN

Judge appears likely to block release of classified docs final report to Congress

A judge is hearing arguments Friday on whether members of Congress will be permitted to view Jack Smith's final report on ...

Some results have been hidden because they may be inaccessible to you

Show inaccessible results