Block

CE 100 Index Gives Up 2.2% as MongoDB and Adobe Slip on Earnings
CE 100 Index Gives Up 2.2% as MongoDB and Adobe Slip on Earnings
December 16, 2024  |  Connected Economy

What goes up must come down — and after three straight weeks of rallies, the CE 100 wound up snapping a long streak of wins,...

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Embedded Lending Platforms Jump as Merchants Seek Working Capital
Embedded Lending Platforms Jump as Merchants Seek Working Capital
November 14, 2024  |  Digital Banking

The payment and commerce platforms PayPal, Shopify and Block have long been developing ecosystems for merchants. For the small to mid-sized businesses, signing on to...

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Sezzle Doubles After Earnings and Leads CE 100 Index 6.3% Higher
Sezzle Doubles After Earnings and Leads CE 100 Index 6.3% Higher
November 11, 2024  |  Connected Economy

Earnings, earnings everywhere — and for connected economy stocks in the CE 100 Index, roaring ahead almost in lockstep, the week was a good one....

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Block Earnings Show Jack Dorsey’s Bitcoin and Banking Ambitions
Block Earnings Show Jack Dorsey’s Bitcoin and Banking Ambitions
November 07, 2024  |  Earnings

Block, formerly known as Square and the owner of Cash App, has distinct ambitions. And they vary for each of its business lines. Outside of Square and...

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Square Card Enters UK Amid Small Businesses Cash Flow Worries
Square Card Enters UK Amid Small Businesses Cash Flow Worries
October 31, 2024  |  Payment Methods

Square is expanding its card offering into the U.K. for merchants seeking quicker funding access. An executive from the company — an arm of Twitter founder...

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Block Joins NIST Program to Promote Mobile Driver’s Licenses
Block Joins NIST Program to Promote Mobile Driver’s Licenses
August 29, 2024  |  Digital Identity

Block is working with the U.S. government to promote the use of digital identity tools. The FinTech conglomerate announced Thursday (Aug. 29) that it was...

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Block to Pay Cash App Users Up to $2,500 in Data Breach Settlement
Block to Pay Cash App Users Up to $2,500 in Data Breach Settlement
August 11, 2024  |  Cybersecurity

Cash App users may be eligible for part of a multimillion-dollar settlement from the company. The payments platform and its parent Block agreed earlier this...

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Neobanks Bet on Direct Deposits to Keep Fickle Consumers Sticky
Neobanks Bet on Direct Deposits to Keep Fickle Consumers Sticky
August 08, 2024  |  Digital Banking

For platforms and neobanks, establishing direct deposits with end users offers an on-ramp to cross-selling opportunities and a wealth of additional revenue streams. The momentum...

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Marqeta Processing Volumes Surge 32%
Marqeta Processing Volumes Surge 32%
August 07, 2024  |  Earnings

Marqeta posted second-quarter results that showed total processing volumes (TPVs) surged 32% to $71 billion. During the conference call with analysts, CEO Simon Khalaf noted...

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