A settlement has been reached between Block, the parent company of Cash App, and 46 states. The company will pay $45 million as part of the agreement.

The settlement stems from allegations that Block failed to provide adequate protection for its users against scams. As a result of the settlement, Block will also be improving its fraud prevention measures and customer support.

Further details about the settlement and the allegations against Block are available from the source. The agreement marks a resolution to the claims made by the 46 states, with Block committing to enhance its services to better protect users.