A settlement has been reached between Block, Inc. and 46 states, including Texas, which is a co-lead in the agreement. The settlement amount is $45 million and is related to security failures with Cash App.

The agreement requires major changes to be made to customer support and fraud reporting. Texas residents who use Cash App may be affected by these upcoming overhauls.

Further details about the settlement and its implications are available from the source. The settlement stems from deceptive security claims made by Cash App, and the changes aim to address these issues and improve the overall experience for users.