Tagged: square

Launch of Square Loans Provides Simple Access to Funds for Canadian Companies

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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

Piper Sandler Gen Z Survey Reports Apple Pay as Top Payment App Beating Venmo

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Piper Sandler (NYSE: PIPR) has published its 43rd semi-annual Taking Stock With Teens survey which reviews trends and brand preferences from Gen Z (teens) across 44 U.S. states. The spring 2022 survey was conducted from February 16 to March 22 with the most responses from… Read More

Formerly Square, Block Admits that Customer Information was Stolen Last December

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In a filing with the Securities and Exchange Commission (SEC) Block (NYSE:SQ), formerly Square, has acknowledged a breach of information that involved users which took place in December of last year. The company states that it is contacting around 8.2 million current and former customers… Read More

Stripe is Accepting Applications for Apple’s Tap to Pay Feature

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  Apple (NASDAQ:AAPL)  announced yesterday that soon it will accept merchant payments directly on an iPhone, turning the mobile phone into a payments terminal. The “Tap to Pay” service utilizes the iPhone’s NFC (near field communication) technology that has been incorporated into the devices for… Read More

Block, Inc. Finalizes Afterpay Acquisition

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Block, Inc. (NYSE: SQ) and Afterpay Limited have confirmed the successful completion of the Scheme of Arrangement under which Block has reportedly acquired all of the issued shares in Afterpay. This deal aims to allow Block to more effectively offer the best financial products and… Read More

Skip the Credit Card Terminal, Apple to Enable NFC Transactions Directly on the iPhone

Apple Card

Apple (NASDAQ:APPL), the largest publicly-traded company in the world, is predicted to enable credit card transactions directly via its ubiquitous iPhone. The new feature will challenge all credit card terminal providers like Block/Square (NYSE:SQ) that generate massive amounts of revenue by processing payments via credit… Read More

Fintech Firm Square Announces Launch in Spain After Successful Early Access Program

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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

Fintech: Research Indicates that 9% of Teens Have Traded Crypto, PayPal is Top BNPL Option, Cash is King for Payments

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Piper Sandler, a financial services firm based in Minneapolis, has surveyed teens for more than 20 years. The company researches trends regarding brand purchases and activities that may aid in discerning the rising or declining popularity of the firms that provide these products. CI recently… Read More

Former Square (now Block) CTO Bob Lee Joins Crypto Payments Fintech MobileCoin as Chief Product Officer

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Bob Lee, ex- Chief Technical Officer at Square (now doing business as Block), has reportedly joined MobileCoin as its Chief Product Officer. As an early investor in and advisor to the crypto and virtual payments startup, Bob helped “shape product and technology strategy.” He now… Read More

Bitcoin focused Fintech Firm Blockstream Reports that Recent BTC Price Correction Is One of 2021’s Mildest

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Bitcoin-focused Fintech firm Blockstream has published its Markets Weekly report., Blockstream‘s report, dated December 3, 2021, notes that Fidelity has established a new BTC ETF in Canada, while GS is considering BTC lending. As mentioned in the report, VanEck has filed for a mining ETF,… Read More

More Blockchain: Square Rebrands as Block

BLOCK FILM STILLS BLOCK CHAIN

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

Square Enlists Marqeta to Launch Square Card in Canada

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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

CFPB Orders Apple, Google, Amazon, Facebook, Square and PayPal to Hand Over Payments Info

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The Consumer Financial Protection Bureau (CFPB) has demanded that big tech, including Fintechs, to hand over information on payments. As everyone knows, payments have gone digital as cash usage declines. While many transactions have migrated to plastic debit and credit cards, today cards are virtual… Read More

Payments Fintech Square Introduces Subscription based Tools for UK based Companies

Square Reader iPhone Credit Card

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

Square Sellers May Take Payments via Cash App Pay, a Contactless Option for In-Person, Online Transfers

Square Terminal

Square (NYSE:SQ) sellers may now start taking payments via Cash App Pay, which is a contactless payment option for carrying out in-person and online transfers. With Cash App Pay, clients are able to easily make payments with their Cash App account at participating Square sellers…. Read More

Sweet BNPL. Affirm Shares Continue Move Higher on Apple Report

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Buy Now, Pay Later (BNPL) is currently one of the hottest sectors of Fintech. BNPL is a service that can be provided at the point of sale for a transaction and thus supplant traditional credit cards in regards to larger transactions. As credit cards tend… Read More

Payments Fintech Square to Acquire Australia’s Leading BNPL Firm Afterpay for $29 Billion

Square Reader iPhone Credit Card

Fintech giant Square (NYSE:SQ) will be acquiring Australia-based Buy Now, Pay Later or BNLP firm Afterpay for $29 billion. For payments Fintech Square, this deal should serve as a key opportunity to enter the fast-growing BNPL market that is now challenging the traditional merchant card-based… Read More

Square to Launch New Business Focused on Bitcoin

Jack Dorsey

Square (NYSE:SQ) founder and CEO Jack Dorsey revealed a new business line for the company focused on Bitcoin. Dorsey announced the “open developer platform” via his other company Twitter. Dorsey said the goal is to make it easy to create “non-custodial, permissionless, and decentralized financial… Read More

Bitcoin (BTC) Hardware Wallet to be Developed by Jack Dorsey’s Payments Fintech Square

Bitcoin Wallet Cartoon

Square Inc (NYSE: SQ) will reportedly be developing a hardware wallet for Bitcoin (BTC), the payments giant revealed on Thursday (July 8, 2021). We’re doing it #Bitcoin https://t.co/IwbKuBoXGv — jack⚡️ (@jack) July 8, 2021 Square’s announcement came after US Senator Elizabeth Warren cautioned about the… Read More

Jack Dorsey Says Square Crypto Wallet May Be on the Way

Jack Dorsey Testifying

Jack Dorsey, CEO of both Square (NYSE:SQ) and Twitter (NYSE:TWTR), has tweeted out that a digital wallet may be forthcoming from Square. The tweet was shared in advance of a presentation at the enormous Bitcoin conference taking place in Miami.   Square is considering making… Read More

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