A company that generates cash isn’t automatically a winner. Some businesses stockpile cash but fail to reinvest wisely, ...

Block XYZ.N will pay a $40 million civil fine and hire an independent monitor to settle charges by New York's financial services regulator that it failed to adequately police and stop money ...

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

Announcing the fine on Thursday, New York's Department of ... pending state money transmission license matters." Apps such as Cash App and Venmo make it easy for people to transmit money.