The Consumer Financial Protection Bureau on Thursday ordered Cash App's parent company Block to refund customers $120 million and pay a penalty of $55 million for failing to prevent fraud or provide ...
The parent company of Cash App has been ordered to pay up to $120 million to fraud victims, in addition to a $55 million penalty. The Consumer Financial Protection Bureau said Block used "weak ...
Money-transfer apps like Cash App have grown in popularity, allowing users to instantly send and receive money. But Cash App scams are rising too. Recently, Cash App was ordered to pay $255 million in ...
TYBEE ISLAND, Ga. (WTOC) - One Tybee Island woman is out of thousands after a Cash App scam swiped money from her account this past weekend. According to Tybee Island Police Department, an officer ...
With the growing popularity of peer-to-peer payment apps like Cash App, financial scams have become more prevalent. Scammers exploit the platform’s ease of transactions, anonymity and lack of ...
Don't want to deal with paper money and coins due to the risk of catching COVID-19? Money transfer apps like Cash, Zelle, or Venmo may sound ideal, as you don't have to handle paper cash. But scammers ...