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

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

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

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

The digital payments company co-founded by Jack Dorsey has reached a settlement with the New York financial regulator amid ...

New York regulators said violations were linked to Cash App, Block's money transfer app. Cash is a major part of both the consumer and merchant-facing side of Block's business, serving as a portal ...

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

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

Block Inc., Cash App's parent company, will pay $40 million to settle with New York regulators due to anti-money laundering compliance failures. The regulator found deficiencies in Block's ...