Square

Report: Block Faces DOJ Probe Over Alleged Compliance Lapses
Report: Block Faces DOJ Probe Over Alleged Compliance Lapses
May 01, 2024  |  Regulation

Block, owner of Cash App and Square, is reportedly facing a Department of Justice investigation. Federal prosecutors are in discussions with an ex-employee about allegations of widespread compliance failures at Cash App and Square...

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Square and Cash App Collaborate on Bitcoin Conversions for Sellers
Square and Cash App Collaborate on Bitcoin Conversions for Sellers
April 24, 2024  |  Cryptocurrency

Block ecosystems Square and Cash App have begun rolling out a feature that will allow eligible Square sellers to automatically convert a portion of their daily sales to bitcoin with...

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Square Expands Offline Payments to Entire Hardware Lineup
Square Expands Offline Payments to Entire Hardware Lineup
April 23, 2024  |  Payments Innovation

Square has expanded the availability of offline payments to every hardware device, in every country. The company has offered this no-connection-required solution for 10 years on some of...

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Block Sees 20% Jump in Cash App Card Monthly Active Users in December 
Block Sees 20% Jump in Cash App Card Monthly Active Users in December 
February 22, 2024  |  Earnings

Block’s latest earnings show more users opting to use Cash App Cards, an on-ramp to other financial services and products. As noted in the company’s shareholder...

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72% of Main Street SMBs Prioritize Ease of Use When Selecting Payment Processor
72% of Main Street SMBs Prioritize Ease of Use When Selecting Payment Processor
January 05, 2024  |  SMBs

Whether it’s a quaint local shop, a cozy diner, or a busy salon, payment processors form the backbone of financial operations for small- t0 medium-sized...

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Manufacturers Favor Digital Giants Over Banks to Deliver Real-Time Payments
Manufacturers Favor Digital Giants Over Banks to Deliver Real-Time Payments
December 07, 2023  |  Faster Payments

The manufacturing sector is undergoing a significant transformation in its payment practices, with a growing emphasis on real-time payments. In fact, instant payments have emerged...

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Payment Processors Adapt Strategies to Woo Main Street SMBs
Payment Processors Adapt Strategies to Woo Main Street SMBs
November 24, 2023  |  B2B Payments

Small-to-mid-sized businesses (SMBs) on the main streets of the United States heavily rely on payment processors to facilitate their transactions. While PayPal and Square dominate...

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PayPal and Block Results Show Small Business Lending Activity Tightening
PayPal and Block Results Show Small Business Lending Activity Tightening
November 03, 2023  |  Earnings

Earnings season, moving into its final few weeks, may seemingly be dominated by headlines about consumer spending. But dig a bit deeper, and details emerge...

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Block Wants to Win With AI, Merchant Verticals and Banking 
Block Wants to Win With AI, Merchant Verticals and Banking 
November 02, 2023  |  Earnings

The return of Jack Dorsey to Square has been good news for its parent, Block. As PYMNTS reported, former Square CEO Alyssa Henry departed the company last month on Oct. 2,...

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