Square and Cash App parent Block Inc. announced late Thursday its Square Financial Services Inc. industrial bank has received approval from the Federal Deposit Insurance Corp. to make consumer loans ...

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 ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. In a separate action, the CFPB (Consumer Financial Protection ...

Cash App was a big growth driver last year for Block Inc. and is expected to remain so as 2025 unfolds, the company said during a conference call late Thursday to discuss Block’s fourth-quarter ...

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