Archives

April 25, 2024 @ 7:22 am By Omar Faridi  |  

Offline payments, Square’s no-connection-required solution to deliver continuous commerce connectivity, is now available to Square sellers using every hardware device, and in every country. Whether in a remote location or facing a technology disruption, now nearly every Square seller can continue “to operate business-as-usual and… Read More

February 18, 2024 @ 2:27 pm By Omar Faridi  |  

Business expansion and automation are to address staffing challenges are top of mind for restaurants, retailers, according to an update from Fintech Square. Recently, Square released its Future of Commerce report, with comprehensive analysis on how business owners and consumers are “considering the evolution of… Read More

December 4, 2023 @ 11:49 pm By Omar Faridi  |  

Globally, the peak minute of shopping occurred on Black Friday at 2:09 pm ET on November 24, 2023, according to an update shared by Square. Cities with the largest volume of sales were New York, Los Angeles, London, Chicago, and Miami. Over the Black Friday… Read More

November 14, 2023 @ 12:23 pm By Omar Faridi  |  

Technology company Square announced that it will be powering quick-service restaurant JARS, a fast-growing franchise concept from celebrity chef Fabio Viviani. Square claims that it “has been serving hundreds of thousands of food and beverage businesses for more than a decade, and its suite of… Read More

October 5, 2023 @ 12:00 pm By JD Alois  |  

Block (NYSE:SQ), the parent company of Square, may be slashing its employee headcount, according to Job Community Blind. In recent days, a posting was made inquiring about layoffs as a Block recruiter was apparently let go – leaving an aspiring hire in the lurch. Other… Read More

October 1, 2023 @ 4:56 pm By Omar Faridi  |  

Square, part of Block (NASDAQ:SQ), launched Tap to Pay on Android for sellers across Canada. The new technology enables businesses “to securely accept credit card contactless payments with a compatible Android device, at no additional cost.” With Tap to Pay on Android, Square claims it… Read More

September 21, 2023 @ 8:26 am By JD Alois  |  

Block (NASDAQ:SQ) founder Jack Dorsey will step in as CEO of Square following the announcement that Alyssa Henry will exit the subsidiary of Block. The change in leadership was revealed in an 8-K filed with the Securities and Exchange Commission. The company stated: “Alyssa Henry,… Read More

July 1, 2023 @ 6:11 am By Omar Faridi  |  

Square announced the beta launch of new banking and spend management solutions for its U.S. sellers, including new credit tools and features that help businesses simplify their cash flow management and consolidate their finances. The Square Credit Card, running on the American Express network, “gives… Read More

March 23, 2023 @ 9:13 am By JD Alois  |  

Shares of Block (NYSE:SQ), formerly Square, are plunging in pre-market trading following the release of a report by Hindenburg Research, a noted short seller. Hindenburg is not kind in its assessment of the Fintech, stating their 2-year investigation has concluded that Block has taken advantage… Read More

February 24, 2023 @ 9:13 am By Omar Faridi  |  

Block, Inc. (NYSE: SQ) has posted its results for the fourth quarter and full year of 2022. The Fintech reports that total net revenue was $4.65 billion in the fourth quarter of 2022, up 14% year over year. Excluding Bitcoin revenue, revenue in the fourth… Read More

November 17, 2022 @ 8:25 am By Omar Faridi  |  

American Express (NYSE: AXP) and Square (Block) (NYSE:SQ) announced “an expansion of their relationship and plans to launch a new credit card built specifically for Square sellers on the American Express network.” The new card will be “the first credit card Square offers to its… Read More

September 27, 2022 @ 7:42 pm By Omar Faridi  |  

Visa (NYSE: V), one of the world’s leaders in digital payments, has announced its participation in the Canadian expansion of instant transfers, Square‘s solution for rapid merchant settlement. Square’s instant transfers are “enabled by Visa Direct, a VisaNet processing capability helping transform global money movement… Read More

September 10, 2022 @ 3:11 pm By Omar Faridi  |  

Amaka and Square have extended their partnership “to launch the Square point of sale integration with Sage Accounting.” This follows the successful rollout of “a range of Square accounting automation solutions available globally.” Pedram Afshar, CEO at Amaka, said: “We’re proud to be working with… Read More

June 2, 2022 @ 1:35 pm By JD Alois  |  

Square, part of Block (NYSE: SQ), says it will add its Tap to Pay feature on the iPhone with an Early Access Program available today and wide release later this year. Square said that it has been working with Apple (NASDAQ:AAPL) to enable Tap to… Read More

May 20, 2022 @ 4:56 pm By Omar Faridi  |  

  Square, part of Block (NYSE:SQ), recently announced that it acquired GoParrot, an “all-in-one” digital ordering and marketing platform for restaurants. GoParrot enables restaurants “to connect more easily and directly with customers through powerful omnichannel software.” As a long-time Square partner, GoParrot’s products already “integrate… Read More

May 1, 2022 @ 9:19 pm By Omar Faridi  |  

Square recently announced the launch of Square Loans in Canada, giving small businesses quick and simple “access to funds and eliminating another major pain point associated with running a business.” By using transaction data, Square Loans “proactively surfaces customized offers to eligible sellers, providing them… Read More

January 26, 2022 @ 6:52 pm By Omar Faridi  |  

Block (formerly Square) (NYSE: SQ), the firm specializing in software, payments, and hardware solutions for businesses of all sizes, has announced its arrival in Spain following a successful Early Access Program. Beginning on January 25, 2022, Spanish entrepreneurs, freelancers and business owners will be able… Read More

December 2, 2021 @ 9:50 am By JD Alois  |  

Square (NYSE:SQ) is now Block. The name change and rebranding were announced yesterday in a statement that highlighted Square’s ongoing transition from payments to multi-faceted Fintech. Square/Block was founded by Jack Dorsey, the founder of Twitter who just recently exited his CEO role at the… Read More

November 18, 2021 @ 7:00 am By JD Alois  |  

Square (NYSE:SQ) has asked Marqeta (NASDAQ: MQ) to assist with its expansion in Canada. According to a company statement, Marqeta is powering the launch of the Square Card in Canada. Square is a Fintech that provides payments, including POS transactions, along with a growing number… Read More

October 21, 2021 @ 8:33 am By Omar Faridi  |  

Financial services and digital payments company Square, Inc. (NYSE: SQ) has introduced subscription-based tools in the United Kingdom — Square Marketing and Square Loyalty — in order to help companies with expanding their sales. Following the announcement, shares of the firm appreciated marginally on Wednesday… Read More