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

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 ...

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.

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

THE Secrecy of Bank Deposits Act (Republic Act 1405), often referred to as the Bank Secrecy Act, protects the confidentiality of bank deposit information, ensuring that individuals and businesses can ...

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 ...

Large or repeated deposits can be reported to the IRS, as required by the Bank Secrecy Act. Unusual patterns may also be ...

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

U.S. President Donald Trump has pardoned the three co-founders of cryptocurrency exchange BitMEX, a White House official said ...