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 ...

Cash App, a popular platform used to transfer money, faces paying out up to $120 million in refunds and other redress to harmed customers, plus $55 million in penalties, relating to its troubling ...

Money stored in payment apps often lacks federal deposit insurance protection. Basic security practices significantly reduce the risks of fraud or theft. Apps earn interest on user balances while ...

Our phones have made it easier than ever to do a lot of things when it comes to our money. From mobile banking and investing to budgeting and couponing, the monetary tasks our devices can carry out ...

MoneyGram said it was a victim of a cyberattack in September and hackers stole customers' personal information and transaction data. The company shut down its IT systems, which prevented customers ...