consumer financial protection bureau block inc - Search News

Cash App, Block

Stocktwits on MSN · 1d

Consumer Finance Watchdog Asks Block To Pay $175M Over Cash App Deficiencies: Retail Remains Unfazed

The Consumer Financial Protection Bureau (CFPB) has ordered Block Inc., the operator of peer-to-peer payments app Cash App, to pay $175 million in refunds, compensation, and penalties for certain deficiencies.

Digital Transactions · 1d

Block Agrees to Pay CFPB Fines Over Cash App’s Alleged Sloppy Fraud Prevention

The CFPB is also ordering Block to fix Cash App’s customer service and its processes for investigating disputed transactions, in part by setting up 24-hour, live-person customer service. The order requires Block to fully investigate unauthorized transactions and to provide timely refunds when appropriate.

news.bloomberglaw · 1d

Block to Pay $175 Million for Cash App Customer Service Failures

Jack Dorsey’s Block Inc. will pay up to $175 million for failing to investigate and protect Cash App customers from fraudulent transactions under a settlement with the Consumer Financial Protection Bureau.

Equifax, Consumer Financial Protection Bureau

ConsumerAffairs · 11h

Equifax fined $15 million over its handling of consumer disputes

The Consumer Financial Protection Bureau has imposed a $15 million fine on Equifax, a consumer reporting agency, for failing to adequately investigate cons

Reuters on MSN · 12h

US consumer bureau fines Equifax $15 million for issues fixing consumer disputes

The U.S. Consumer Financial Protection Bureau announced on Friday it had fined credit reporting bureau Equifax $15 million for failing to sufficiently investigate consumer disputes of its credit reports.

CNBC on MSN · 7h

CFPB fines Equifax $15 million for errors on credit reports

The Consumer Financial Protection Bureau fined Equifax $15 million for credit reporting errors. The CFPB alleged the credit bureau failed to properly investigate consumer disputes. Credit reports have a significant impact on consumer finances,

8hon MSN

Cash App fined $255 million in back-to-back settlements

Cash App is closing out the week on the hook for $255 million in multiple settlements around its consumer protections. Block, ...

1d

Cash App Owner Hit With Over $100M Fine For Fraud And Customer Service Issues

The U.S. Consumer Financial Protection Bureau found that Block, which is owned by Twitter founder, Jack Dorsey, failed to ...

1d

Cash App Owner Hit With Fines in Back-to-Back Settlements

Block Inc. was fined by dozens of state regulators and then ordered by the Consumer Financial Protection Bureau to refund ...

3d

Tech Groups Sue to Block CFPB Rule Targeting Apple, Google (2)

A pair of trade groups representing Facebook parent Meta Platforms Inc., Apple Inc., and Google parent Alphabet Inc. sued to ...

1d

Tech groups sue US CFPB to block rule on payment apps, digital wallets

Two technology trade groups sued the U.S. Consumer Financial Protection Bureau on Thursday to block a new rule giving the ...

What Is the Consumer Financial Protection Bureau?

The Consumer Financial Protection Bureau, or CFPB, is a government agency that oversees the consumer finance industry, ...

Channel NewsAsia Singapore1d

US consumer finance watchdog orders payments firm Block to pay $175 million

The Consumer Financial Protection Bureau (CFPB) on Thursday ordered payments firm Block to pay a penalty tied to the ...

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