Cash App users may receive a refund from the mobile banking platform after a government group ordered the company to pay out $175 million for its weak security procedures. The Consumer Financial Protection Bureau, which oversees consumer financial protections, ordered Cash App’s parent company Block to refund users $120 million. The order also indicates it…
Cash App customers in New York who have experienced unauthorized access to their account have less than two weeks to submit a claim to receive compensation as a result of a multi-million dollar settlement. Mobile payment service Cash App has been required to pay $15 million after a class action lawsuit filed in February claims…
Sandy Sans had successfully rented a ski cabin in Lake Tahoe for several years via Craig’s List, paying for it using Zelle, a digital payment app linked to his bank account. But in 2018, as it was getting close to his check-in-date, something didn’t feel right about the owner he was dealing with. When Sans…
With Hurricane Milton headed for Florida, folks are looking for reliable ways to get funds to loved ones quickly; even more so in the wake of MoneyGram’s announcement that it was recently hacked and user information was stolen. MoneyGram was hacked MoneyGram said it was a victim of a cyberattack in September and hackers stole…