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 ...
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The parent of the Square system for merchants and Cash App also said that it expects a Q1 gross profit of $2.80B and adjusted operating income of $600M, compared with $588M reported in Q4. Block, with ...
The Consumer Financial Protection Bureau has ordered Block, Cash App's parent company, to pay $120 million to Cash App users and $55 million to its victim relief fund. The Consumer Financial ...
Block’s (NYSE:XYZ) newest lending feature inside Cash App, the ability to convert recent Cash App Card purchases into installment plans, has scaled quickly since launching in February and could become ...
Block shares were on track for their second-worst day, plunging more than 20% after a brutal quarterly report and a wave of analyst downgrades. Analysts flagged fresh concerns around stagnant Cash App ...
Block Inc. remains bullish that its Cash App financial-services platform will remain a growth driver this year, despite its posting lower than projected gross profits during the first quarter, the ...