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January 15, 2025 16:27 ET | Source: Conference of State Bank Supervisors

State Regulators Issue $80 Million Penalty to Block, Inc., Cash App for BSA/AML Violations

Washington, D.C., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Washington, D.C.— In a coordinated enforcement action by 48 state financial regulators, Block, Inc. will pay an $80 million fine and undertake...
January 08, 2025 11:06 ET | Source: Conference of State Bank Supervisors

State Regulators Levy $20 Million Penalty on Nation’s Largest Nonbank Mortgage Servicing Company

Washington, D.C., Jan. 08, 2025 (GLOBE NEWSWIRE) -- Washington, D.C.— Fifty-three state financial regulatory agencies have taken coordinated action against mortgage company Bayview Asset Management...