A settlement has been reached between Block, Inc. and 46 states, including Texas, which is a co-lead in the matter. The settlement amount is $45 million and is related to Cash App security failures.
As a result of the settlement, Block, Inc. will be making significant changes to its customer support and fraud reporting processes. Further details about the settlement and the changes to be implemented by Block, Inc.
are available from the source, FOX 4 Dallas-Fort Worth.
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