The agency said its investigation additionally found its lax practices allowed for largely anonymous and high-risk bitcoin ...

New York State's Department of Financial Services (NYDFS) amended its cybersecurity regulation, Part 500. This legal alert ...

New York state’s top financial regulator struck a $40 million settlement with Block Inc., the parent of Cash App, over ...

On March 20, the New York Department of Financial Services (NYDFS) entered into a consent order with a money transmitter, joining a group of ...

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

Block Inc., the digital payments firm founded by billionaire Jack Dorsey, was fined $40 million by New York for alleged ...

The New York State Department of Financial Services' consent order said an investigation found "significant failures" in Block's Bank Secrecy Act and anti-money-laundering compliance. These ...

Payments technology company Block agreed to pay a $40 million civil monetary fine Thursday as part of an agreement to resolve claims brought by the New York State Department of Financial Services ...

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