PYMNTS-MonitorEdge-May-2024

Block

Block CFO Makes Defensive Case for Square-Cash App Ecosystem
Block CFO Makes Defensive Case for Square-Cash App Ecosystem
February 27, 2023  |  Earnings

Block, which owns retail POS solution Square, money transfer service Cash App, and buy now, pay later (BNPL) firm Afterpay, is on a journey to...

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Domino’s Post-Earnings Plummet Drives CE100 Index Lower by 4.2%
Domino’s Post-Earnings Plummet Drives CE100 Index Lower by 4.2%
February 27, 2023  |  Investments

The CE 100 slipped 4.2%, as the “Eat” sector helped lead all pillars lower, down 7.3%  And within that group, earnings continued to roll in....

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From PayPal to Splitit, Earnings Season Underscores BNPL’s Wide Embrace
From PayPal to Splitit, Earnings Season Underscores BNPL’s Wide Embrace
February 24, 2023  |  BNPL

There have been speed bumps for buy now, pay later. PYMNTS’ own data shows that the opportunity is significant for BNPL providers: Research shows 2.8% of...

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Savings Feature Helps Grow Block’s Cash App Customer Base to 51M
Savings Feature Helps Grow Block’s Cash App Customer Base to 51M
February 23, 2023  |  Earnings

A year after closing its acquisition of Afterpay, Block (formerly Square) is seeing traction in its buy now, pay later (BNPL) business. And the Cash...

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CE 100 Index Notches 2.7% Gain as eCommerce Platforms Surge
CE 100 Index Notches 2.7% Gain as eCommerce Platforms Surge
January 09, 2023  |  Connected Economy

One week in, and the CE 100 Index has already gained some ground, up 2.7%. This time around, the tailwind came as investors notably bid...

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Court Orders FinTech Block to Provide Emails to CFPB 
Court Orders FinTech Block to Provide Emails to CFPB 
December 01, 2022  |  Regulation

A federal court has ruled that FinTech Block must provide information to a regulator.  The Consumer Financial Protection Bureau (CFPB) is seeking emails to and from Brian Grassadonia — the...

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Can Crypto Help Win the Super App War?
Can Crypto Help Win the Super App War?
November 04, 2022  |  Cryptocurrency

From Big Tech to social media to retail, a growing number of companies are trying to build the “Super App” that seven in 10 consumers...

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BNPL Boosts PayPal and Block as Installment Plans Weather Inflation
BNPL Boosts PayPal and Block as Installment Plans Weather Inflation
November 04, 2022  |  Retail

As retailers scramble to capture every holiday dollar they can with aggressive markdowns and sales, paying for those purchases continues to see buy now, pay...

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Block Says Goal of Cash App Is To Be Primary Bank 
Block Says Goal of Cash App Is To Be Primary Bank 
November 04, 2022  |  financial apps

With a roster of 49 million active users and a record $52 billion of inflows — including a spike in direct deposits — Cash App...

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