New York state’s top financial regulator struck a $40 million settlement with Block Inc., the parent of Cash App, over ...

Announcing the fine on Thursday, New York's Department of Financial Services faulted "critical gaps" in the Bank Secrecy Act.

Block, the company behind the popular mobile payment service Cash App, has been hit with a $40 million fine. This penalty was ...

Block Inc., parent of Square and Cash App, fined $40 million for anti-money laundering lapses by NY regulators. Learn how ...

Block Inc. paid $40 million to settle Cash App crypto compliance failures as it pushes to become a full-service bank.

Cash App last year delivered $5.24 billion in gross profit for Block, representing by far its most profitable product. By the ...

Block, the fintech company behind Cash App, has been dealt with a $40 million penalty over lapses in Cash App’s anti-money ...

Regulators said the payment company did not provide sufficient customer identification and monitoring, increasing risk for ...

A cash app settlement lawsuit could net some users a $2,500 check. A website called Cash App Security Settlement provides ...

Block agreed to pay $40 million to the NYDFS for alleged anti-money-laundering inadequacies and cryptocurrency compliance ...

The agency said its investigation additionally found its lax practices allowed for largely anonymous and high-risk bitcoin ...

Block will pay a $40 million civil fine and hire an independent monitor to settle charges by New York's financial services ...