Imagine walking down the sidewalk and being confronted at gunpoint by a crook. Open the payment app on your phone and transfer out your hard-earned cash, or take a bullet in the head. That’s one phone ...
Cash App is a mobile peer-to-peer (P2P) payments app that has taken the world by storm in recent years. The bad news? It’s popular with scammers, too. Fraud is on the rise, with the Federal Trade ...
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Block Inc. reached an agreement with the Consumer Financial Protection Bureau early Thursday under which it will pay up to $175 million in restitution for what the CFPB claims were sloppy and ...
According to Block’s filing with the U.S. Securities and Exchange Commission, the breach occurred when a former employee downloaded reports on Dec. 10, 2021, that contained sensitive customer ...