CFPB fines Cash App $175M

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Peer-to-peer payments app Cash App is being ordered by the Consumer Financial Protection Bureau to pay $175 million in refunds and fines for fraud-detection failures.  Cash App, owned by parent company Block, is required to investigate and resolve disputes on its platform, which it failed to do, according to a CFPB release today.  “Cash App […]



https://www.highcpmgate.com/f0c2i8ki?key=d7778888e3d5721fde608bfdb62fd997

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