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

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

Block Inc., the fintech parent company of payment platforms Cash App and Square, is laying off about 10% of the workforce at ...

The layoffs are not just confined to Atlanta ... The company’s Square and Cash App platforms have millions of users. According to the company’s most recent annual filing with the Securities ...

High-profile technology companies including Jack Dorsey's Block and the meal kit giant HelloFresh are trimming their ranks in ...

Block will pay a $40 million civil fine and hire an independent monitor to settle charges by New York's financial services ...

On Thursday, Block, Inc – the parent company of financial services including Cash App and Square – filed ... off 67 workers across the state. The layoffs will impact remote workers and are ...

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

The news was announced to staff in an email from Block’s co-founder and CEO, Jack Dorsey. Dorsey told staff that on Tuesday, Block will be “making some org changes, including eliminating roles and ...

March 2025’s most prominent tech layoffs include those from Jack ... Block owns the popular fintech app and platforms Cash App and Square. The 931 laid-off workers represent about 8% of Block ...