Regulators also said the customer support number listed on Cash Cards and in the app didn’t connect users to live assistance. Instead, a pre-recorded message directed users back to the app, leaving ...

The parent company of mobile banking platform Cash App has been ordered to pay $175 million to users due to weak security procedures, a federal agency says. The Consumer Financial Protection Bureau ...

In one instance cited in the agency's consent order, Cash App instructed a customer who reported an unauthorized debit card to contact the person's bank, shirking its statutory duty to investigate ...

Block Inc. faces short-term challenges but aims for growth in 2025. Learn why XYZ stock could benefit from strategic product ...

Cash App earned its reputation as a top money transfer app, but it has added more traditional banking features, including a high-yield savings account (HYSA) and VISA-branded debit card ...

Within 120 days of the order, Block, the parent of Cash App ... where the company listed a phone number on the back of the Cash App card and in the terms of agreement that only connected customers ...

Here's what Cash App users in Indiana need to know to ensure they're compensated by the mobile banking platform after the latest settlement.

The Consumer Financial Protection Bureau (CFPB) an independent federal agency responsible for consumer financial protections, issued an order ... of its Cash Card and in its Cash App Terms of ...

Cash App users may receive a refund from the mobile banking platform after a federal agency ordered the company to pay out $175 million for its weak security procedures, the second such major ...