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Block to Pay $45M, Resolving 46-State Probe Into Cash App Fraud
Block Inc. reached a $45 million settlement to resolve Cash App fraud allegations. The agreement involves 46 U.S. states that claimed the company failed to...
Block's Cash App Launches 'Wand' in Wearable Payments Push
Block's Cash App has introduced "Cash App Tags," a new line of NFC-enabled physical accessories for contactless payments, with the first model being a keychain...
Block adds retroactive pay later to Cash App P2P, aiding gig workers
Block Inc. expanded its buy now, pay later capabilities to include peer-to-peer (P2P) payments within Cash App. Eligible users can retroactively convert P2P...
Block integrates Afterpay into Cash App Card, boosting lending profit growth
Block is deepening Afterpay integration within the Cash App platform to expand buy now, pay later capabilities. Eligible Cash App Card users can now convert...
Block Shares Surge 20% on Plan to Cut 4,000 Jobs in AI Restructuring
Block announced a plan on February 26, 2026, to lay off over 4,000 employees. This reduction represents nearly half of the company's total workforce. Jack...