Tagged: square

March 18, 2025 @ 2:13 am By Omar Faridi  |  

Block, Inc. (NYSE: XYZ) announced its industrial bank, Square Financial Services, Inc. (SFS), has received approval from the Federal Deposit Insurance Corporation (FDIC) to begin offering the consumer loan product Cash App Borrow. SFS is an independently governed subsidiary of Block, Inc., headquartered in Salt… Read More

February 1, 2025 @ 12:19 pm By Omar Faridi  |  

Fintech firm Square’s annual report finds that global consumer businesses, including beauty and retail, plan to invest in new automation and loyalty programs in 2025. Square, the technology company that makes commerce and financial services accessible, released insights from its forthcoming Future of Commerce report,… Read More

December 9, 2024 @ 11:03 pm By Tony Zerucha  |  

Data from BNPL provider Clearpay and Square have released data showing significant rises in some important Black Friday shopping metrics in the United Kingdom. Total transactions rose 25%, in-person transactions surged 30% and online buys inched up 5%. Nov. 29 at precisely 8:02 a.m. was… Read More

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

Contactless payments acceptance technology makes it easier for Canadian businesses to get started and create new ways to sell. Square has recently launched Tap to Pay on iPhone in Canada, allowing Square sellers to be among the first businesses in the country to try the… Read More

May 9, 2024 @ 3:01 pm By Omar Faridi  |  

Square unveiled Square Kiosk, which is described as a fully integrated software, hardware, and payments solution that enables self-serve ordering for quick-service restaurants. Designed with fast-moving and fast-growing restaurants in mind, Square Kiosk empowers guests “to customize and place orders through its sleek and intuitive… Read More

May 2, 2024 @ 4:13 pm By JD Alois  |  

Block (NASDAQ:SQ), founded by Twitter (X) creator Jack Dorsey, is being scrutinized by federal prosecutors for allegedly facilitating illicit transactions. The report was first covered by NBC.com. Blcok operates the popular e-commerce platform Square as well as the P2P transfers platform CashApp. According to the… Read More

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 11, 2023 @ 9:04 am By JD Alois  |  

Piper Sandler (NYSE: PIPR) has posted its 46th semi-annual survey of Teens across the United States. The survey can help glean emerging trends that can impact future economic activity and rising brands. Of course, Teens can be fickle, but today’s Teens are tomorrow’s adults. When… 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

April 5, 2023 @ 9:47 am By JD Alois  |  

Investment bank Piper Sandler (NYSE: PIPR) has posted its 45th semi-annual report on Teen preferences, which can help glean which products and services are rising and which are on the wane. At the same time, teens can be fickle, as parents will explain. The Taking… 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

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

November 3, 2022 @ 6:13 pm By JD Alois  |  

PayPal (NASDAQ:PYPL) shares sank today after Q3 earnings failed to convince investors that all is good with the payments provider. PayPal apparently reported OK Q3 numbers, but the guidance worried shareholders. On the other hand, Block, formerly known as Square (NYSE:SQ), moved higher in after-hours… 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