Block

This Week In Payments: Rules for AI, Block Picks a Fee Fight and FedNow Arrives
This Week In Payments: Rules for AI, Block Picks a Fee Fight and FedNow Arrives
July 21, 2023  |  Payment Methods

This week in payments saw the SEC weigh in on artificial intelligence (AI), the long-awaited debut of the FedNow instant payments rail to mixed reviews,...

READ MORE >
CE 100 Index Gains 4.7% as Affirm Soars and Banks Post Earnings  
CE 100 Index Gains 4.7% as Affirm Soars and Banks Post Earnings  
July 17, 2023  |  Connected Economy

For the CE 100 Index, the week was a rollicking one to the upside. All pillars gained ground as the Index itself surged 4.7%.  The...

READ MORE >
Square Launches Credit Card, New Loan Options, Early Deposit Access
Square Launches Credit Card, New Loan Options, Early Deposit Access
June 28, 2023  |  Credit Cards

Square now offers its U.S. sellers a credit card, new loan options and early deposit access. These new tools are designed to meet sellers’ financing...

READ MORE >
5 Things Earnings Season Teaches Us About BNPL
5 Things Earnings Season Teaches Us About BNPL
May 10, 2023  |  Buy Now Pay Later

Sift through the filings, listen to the calls with management, and earnings season gives a sense of how consumers — and merchants — are embracing...

READ MORE >
Block’s Cash App Hits 53 Million Monthly Active Users, Direct Deposits up 69%
Block’s Cash App Hits 53 Million Monthly Active Users, Direct Deposits up 69%
May 05, 2023  |  Mobile Payments

Block, the parent company of Square, posted earnings results illustrating the evolution of a financial services ecosystem — with Cash App at the center. A...

READ MORE >
Block Stock Bounces Back After Refuting Hindenburg Report Findings
Block Stock Bounces Back After Refuting Hindenburg Report Findings
April 02, 2023  |  Investments

Block’s stock recovered late last week after it issued a detailed response to a short seller’s negative report. On March 23, Hindenburg Research published a...

READ MORE >
Sezzle Sizzles with 39% Rally but CE 100 Index Barely Budges
Sezzle Sizzles with 39% Rally but CE 100 Index Barely Budges
March 27, 2023  |  IPO

The CE 100 Index gained 1.2% last week as investors got excited — again — about AI, and the possibility of sustained profits for in...

READ MORE >
Hindenburg Research Accuses Dorsey’s Block of ‘Wild West Approach’ to Compliance
Hindenburg Research Accuses Dorsey’s Block of ‘Wild West Approach’ to Compliance
March 23, 2023  |  Security & Fraud

Block saw its stock tumble Thursday (March 20) after a short seller accused it of misleading investors. A report by Hindenburg Research, which the firm...

READ MORE >
FinTech IPO Index Extends Earnings-Led Downdraft as Marqeta Sheds 24%  
FinTech IPO Index Extends Earnings-Led Downdraft as Marqeta Sheds 24%  
March 03, 2023  |  Fintech Investments

Investors were in a “shoot first, ask questions later” frame of mind this past week. As for the FinTech IPO Index, earnings reports helped send...

READ MORE >