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73°
Thursday, jun 11
Tag:
Cash App
Business
Cash App Makes Group Payments Easier With Apple, Google Pay: Here's How
You can soon pay a friend through Cash App without having an account. Cash App has launched a new group payment feature called pools, the Block-owned app said in a news release on Tuesday, July 29. Organizers can collect money in seconds, even from people who don't use the app, by accepting contributions through Google Pay and Apple Pay. The feature has rolled out to a limited number of users, with wider access expected soon. "Cash App has always made sending money between friends and family feel effortless, and we know that many of our customers already use the platform as a way to c…
Business
Venmo Upgrades Debit Card, Checkout Options To Compete With Rivals: See What's New
Venmo is launching a new debit card rewards program and expanding its checkout options as the popular payment platform aims to compete with other similar services. Parent company PayPal announced the upgrades to the Venmo Debit Mastercard and Venmo Checkout service in a news release on Wednesday, June 4. The money-transferring app is used monthly by more than 64 million Americans. Venmo's debit card now offers 15% cash back at major retailers like Lyft, McDonald's, Sephora, Walgreens, and Walmart. Users can activate offers through the Venmo app to earn rewards on purchases both in…
Business
Cash App Users To Get Refunds In $175M Order As Feds Target Fraud
Cash App's parent company will have to pay $175 million for poorly protecting its users from fraud and financial crimes on the payment platform, officials said. The Consumer Financial Protection Bureau ordered Block to refund up to $120 million to users harmed by fraud, the federal agency said in a news release on Thursday, Jan. 16. The parent company of Cash App, which has more than 56 million accounts, must also pay a $55 million fine into the CFPB’s victims relief fund. The CFPB found that Block failed to properly investigate unauthorized transactions and deprived users of…
News
Maryland Woman Who Filmed Sexual Abuse Of Minors For Cash Sentenced For Exploitation: Feds
A Maryland woman has been sentenced to decades in prison for sexually exploiting a child, federal authorities announced on Tuesday. Hagerstown native Ashley Marie Tibbs, 34, has been sentenced to 20 years in federal prison, followed by a lifetime of supervised release for sexually abusing two children. According to her guilty plea, Tibbs sexually abused two minors who were between the ages of 2 and 5, which she filmed, and sent to John Balch in exchange for cash. Balch - who has already been sentenced to 60 years in prison for the exploitation of six minors - paid Tibbs a total of $38,325 …
News
Prison Guard Convicted Of Smuggling Contraband Into Maryland Correctional Facility
A former correctional officer in Maryland is the latest to face prison time for his role in a racketeering conspiracy to smuggle contraband into an area prison, authorities announced. Andre “2 Chainz” Davis, 37, of Baltimore, was convicted by a federal jury for a wide-ranging racketeering conspiracy at the Chesapeake Detention Facility in Baltimore following a seven-day trial. Eight other co-conspirators - including two other correctional officers, four detainees, and two outside facilitators - previously pleaded guilty to their roles in the scheme. Beginning in 2016, Davis and other …
News
Police Warn Public After String Of Ride Share Robberies Across Maryland
Baltimore police are investigating a string of robberies involving suspects using Ride Share apps to carjack drivers, authorities say. The suspects are reportedly carjacking the drivers, then using the Ride Share apps to pick up victims and either rob them via Cash App or drive them to ATMs, according to Baltimore police. Detectives have connected with multiple vendors and are working to investigate these cases and have payments reversed to victims when applicable. Officers have reportedly made arrests and are working with both local and federal law enforcement partners in investigating th…