PYMNTS-MonitorEdge-May-2024

Block

CE100 Held On as BNPL Firms, Platforms Extend Losses
CE100 Held On as BNPL Firms, Platforms Extend Losses
June 20, 2022  |  Connected Economy

The week that was: a week that many investors wish had not been. The Connected Economy 100 stock index did marginally better than the broader...

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Block to Shut San Francisco HQ, Switch to Remote Workforce
Block to Shut San Francisco HQ, Switch to Remote Workforce
June 15, 2022  |  Personnel

Payments-processing firm Block, previously known as Square, is leaving behind the Market Street headquarters that had been the high-profile company’s San Francisco headquarters when its...

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Block’s Dorsey Says It’s ‘No Longer Just a Payments Company,’ But They Remain Its Core Focus
Block’s Dorsey Says It’s ‘No Longer Just a Payments Company,’ But They Remain Its Core...
May 20, 2022  |  Digital Payments

Speaking at the first Block investors day in five years, CEO Jack Dorsey’s main goal was to show that Block is “no longer just a...

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Today in FinTech: Bamba Snags $3.2M; Block Shifts Focus to Blockchain
Today in FinTech: Bamba Snags $3.2M; Block Shifts Focus to Blockchain
May 18, 2022  |  Investments

In today’s FinTech news, Block, formerly known as Square, wants people to stop thinking of them as a payments-only company and will now be emphasizing...

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Dorsey Says Block Is Not Just a Payments Company, It’s a Blockchain Company
Dorsey Says Block Is Not Just a Payments Company, It’s a Blockchain Company
May 18, 2022  |  Ecosystems

Block is stepping away from its identity as a payment-only platform and will increase its focus on cryptocurrency and music streaming as part of a...

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PYMNTS AM Radar: Securing IoT; Stablecoin Regs; Hack Me Please; BNPL Gets Physical; ICYMI
PYMNTS AM Radar: Securing IoT; Stablecoin Regs; Hack Me Please; BNPL Gets Physical; ICYMI
May 06, 2022  |  Safety and Security

It’s Friday, May 6 and hard to believe that it was only 24 years ago that Steve Jobs introduced the first iMac. Today, the internet...

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13,000 Square Merchants Logged BNPL Sales in Q1
13,000 Square Merchants Logged BNPL Sales in Q1
May 05, 2022  |  Earnings

For Block, the parent company of Square, buy now, pay later (BNPL) is already paying off. Head Jack Dorsey and Chief Financial Officer Amrita Ahuja...

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Today in FinTech: Accountable to Expand With Funding; Feds Plan Lending Rules Update
Today in FinTech: Accountable to Expand With Funding; Feds Plan Lending Rules Update
May 05, 2022  |  Fintech Investments

In today’s FinTech news, Accountable has fresh capital for its mission to ease accounting and tax handling for freelancers, while Western Union and PagaPhone are...

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Block Remains Attractive to Wall Street Analysts
Block Remains Attractive to Wall Street Analysts
May 05, 2022  |  Digital Payments

Financial services and digital payments platform Block Inc, formerly known as Square, has 60% upside, dwarfing the 31% return potential of PayPal, according to Bloomberg...

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