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

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.

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

Cash App, owned by Block Inc. (NYSE: SQ), is one place you can go to buy stocks and save up for retirement. The app lets you invest in stocks, but some stocks are better than others. This list ...

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

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

This complaint was first surfaced by Law.com Radar, ALM's source for immediate alerting on just-filed cases in state and ...

In 2018, the firm was allowed to conduct virtual currency business through Cash App. An investigation by the Department revealed “critical gaps” in Block’s Bank Secrecy Act (BSA)/AML programme.

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