Announcing the fine on Thursday, New York's Department of Financial Services faulted "critical gaps" in the Bank Secrecy Act.

New York state’s top financial regulator struck a $40 million settlement with Block Inc., the parent of Cash App, over ...

Block, the fintech company behind Cash App, has been dealt with a $40 million penalty over lapses in Cash App’s anti-money ...

Cash App last year delivered $5.24 billion in gross profit for Block, representing by far its most profitable product. By the ...

Block Inc., parent of Square and Cash App, fined $40 million for anti-money laundering lapses by NY regulators. Learn how ...

Fintech firm Block has agreed to pay a $40m fine after New York’s Department of Financial Services (DFS) found “significant” ...

Block, the parent company of popular digital payment platform Cash App, has been slapped with a $40 million penalty by the New York Department of Financial Services (NYDFS) for violating anti-money ...

Block agreed to pay $40 million to the NYDFS for alleged anti-money-laundering inadequacies and cryptocurrency compliance ...

Block Inc., maker of the popular Cash App, has been hit with a $40 million fine by New York for its alleged failure to report ...

Block Inc., Cash App's parent company, will pay $40 million to settle with New York regulators due to anti-money laundering compliance failures. The regulator found deficiencies in Block's ...

Block Inc. paid $40 million to settle Cash App crypto compliance failures as it pushes to become a full-service bank.

New York state’s top financial regulator struck a $40 million settlement with Block Inc., the parent of Cash App, over ...