The Consumer Financial Protection Bureau, which oversees consumer financial protections, ordered Cash App's parent company Block to refund users ... how much money will be paid to each or when the ...
You should see this tax form if you were paid more than $5,000 in freelance income via third-party payment apps last year.
Block, the parent company of popular online payment service Cash App, has been ordered by a federal agency to pay as much as $175 million because of repeated failures by the financial services ...
Cash App's parent company Block has been ordered to pay $175 million to users and the Consumer Financial Protection Bureau's victim relief fund.
The government agency argued that one of Block's portfolio companies, the leading peer-to-peer payments service Cash App, had allowed rampant fraud while misleading its customers. The settlement ...
Block saved money in the process, the agency said. “Cash App created the conditions for fraud to proliferate on its popular payment platform,” CFPB Director Rohit Chopra said in the release.
Cash App was created by Block Inc., a financial services and mobile payment ... money on the app. They can also set up direct deposits, and the app has a referral system where users can earn ...
The Consumer Financial Protection Bureau, which oversees consumer financial protections, ordered Cash App's parent company Block ... how much money will be paid to each, or when the payment ...
If you earn income through payment apps, it's a good idea to set up separate PayPal, Cash App or Venmo accounts for your professional transactions. This could prevent nontaxable charges -- money ...
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