CFPB fines Money App $175M


Peer-to-peer funds app Money App is being ordered by the Shopper Monetary Safety Bureau to pay $175 million in refunds and fines for fraud-detection failures.  Money App, owned by guardian firm Block, is required to analyze and resolve disputes on its platform, which it did not do, in response to a CFPB launch at present.  “Money App […]



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