2025-01-16
CFPB fines Block $175m over Cash App's lax fraud controls
The Consumer Financial Protection Bureau (CFPB) announced today that's it's fining Block, the creator of Cash App and parent company of Square, $120 million in "refunds and redress" and a $55 million fine for how the company handled fraud on its payment platform.
Per the CFPB, Cash App's Terms of Service at one point claimed that any bank linked to an account for transferring funds was respon [...]
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The Morning After: Will the US imported car tariffs work?
The US will append a 25 percent tariff on top of any existing tariffs on all cars produced outside its borders. Additional fees will be imposed on imported components too like engines, transmissions, [...]
2025-03-04
CFPB drops Zelle lawsuit in latest reversal under Trump administration
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2025-01-02
The 6 best Mint alternatives to replace the budgeting app that shut down
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2025-03-19
The EU's new charges against Google could lead to at least $35 billion in fines
The EU is moving forward with competition-based regulatory actions against Google and Apple. The European Commission (EC) announced two preliminary charges against Google for failing to comply with Di [...]