The digital payments company co-founded by Jack Dorsey has reached a settlement with the New York financial regulator amid ...

In light of the approaching April 15 tax filing deadline, this week’s update highlights recent developments in U.S. federal tax policy that may ...

Banks alerted authorities to $1.4 billion in suspicious transactions in 2024, a big assist in the nation's fight against crime and fentanyl trafficking, according to the Financial Crimes Enforcement ...

Cash App last year delivered $5.24 billion in gross profit for Block, representing by far its most profitable product. By the ...

Fintech firm Block has agreed to pay a $40m fine after New York’s Department of Financial Services (DFS) found “significant” ...

New York Superintendent of Financial Services, Adrienne A. Harris, announced on Thursday that Block (XYZ) will pay a $40M penalty for ...

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

Block is paying $40 million to settle charges by New York's financial regulator alleging failures with the company's money ...

"This sends a message to Robinhood, Coinbase, Kraken, Gemini and all of the others that you better have your know-your-customer and anti-money laundering compliance on point," said John Deaton, the ...

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

Block (XYZ) will pay a $40M penalty for failures in its Bank Secrecy Act/Anti-Money Laundering compliance program, the New York State Superintendent of Financial Services Adrienne A. Harris said on ...

Under Switzerland’s draconian banking secrecy law, even revealing that someone holds an account at a Swiss bank can lead to ...