Anne Marie D. Lee is an editor for CBS MoneyWatch. She writes about topics including personal finance, the workplace, travel and social media. Block, the parent company of popular online payment ...
Block has had a difficult 2025 with risk regulators, with the latest ding being a $40 million fine in New York over shortcomings in customer and transaction vetting. The New York State Department of ...
The financial tech company is required to pay at least $75 million to Cash App customers and $55 million to a government-run penalty fund under a Thursday order from the Consumer Financial Protection ...
Block XYZ.N will pay a $40 million civil fine and hire an independent monitor to settle charges by New York's financial services regulator that it failed to adequately police and stop money laundering ...
Block, Jack Dorsey's company behind fintechs Square and Cash App, debuted an AI agent Tuesday. The AI helps with coding, is used by about 1,000 engineers internally, and took nine months to build. Two ...
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