pymnts Profile:
Square, Inc. (NYSE: SQ)
Square, Inc. is a financial services, merchant services aggregator, and mobile payment company based in San Francisco, California. The company markets several software and hardware payments products, including Square Contactless and Chip Reader, Square Stand, Square Register and Square Magstripe Reader, and has expanded into small business services such as Square Capital, a financing program, Cash App, a person-to-person payments service, Appointments, Gift Cards/eGift Cards, Invoices, Virtual Terminal, Marketing, Loyalty, Employee Management, and Square Payroll.
Target Challenges Retail Rivals With 300-Store Growth Plan
March 5, 2026
Target plans to open seven new stores this month, more than 30 this year and 300 by 2035 to support growth priorities outlined Tuesday (March 3) by CEO Michael Fiddelke. The ...Read moreLawsuit Aims to Reverse TikTok Sale
March 5, 2026
A law firm whose leaders include former Sen. Russ Feingold filed a lawsuit Thursday (March 5) against President Donald Trump and Attorney General Pam Bondi Thursday (March 5), aiming to rescind the government’s approval of the ...Read moreStates Claim Fans Overpaid for Concert Tickets in Case Against Ticketmaster
March 4, 2026
A high-stakes antitrust trial involving Ticketmaster and its parent company Live Nation began this week in Manhattan, where dozens of U.S. states are seeking damages they say concertgoers paid because ...Read moreDOJ Accuses Live Nation of Running Illegal Concert Industry Monopoly at Trial Opening
March 3, 2026
Federal prosecutors opened their case Tuesday in Manhattan accusing Live Nation Entertainment and its Ticketmaster subsidiary of illegally leveraging their dominance in the live music business to stifle competition and ...Read morePlatforms Expand SMB Lending as Working Capital Demand Rises
March 2, 2026
Small and medium-sized businesses (SMBs) ended 2025 sharpening their demand and reliance on platform-based working capital. Earnings disclosures indicate that those balances grew meaningfully year over year across major commerce ...Read moreOCC Clarifies Charter Rule and Extends National Path for FinTechs
March 2, 2026
The recent increase in national bank charter activity reflects a deliberate recalibration by FinTech firms that seek to widen the range of services they offer while securing steadier funding and ...Read moreBlock Strategy Points to AI Shaping Corporate Infrastructure
February 27, 2026
It was probably one of those moments where you remember where you were when you heard it. Block announced Thursday (Feb. 26) that it will cut roughly 4,000 jobs, or ...Read moreFederal Agency Vows to Fight States Over Prediction Market Crackdown
February 27, 2026
Imagine placing a bet on whether LeBron James will retire this year. But instead of doing it through a sportsbook, you do it on a federally regulated financial exchange. That’s the basic idea ...Read moreThis Week in Stablecoins: FinTech, Big Tech and Regulation
February 27, 2026
Stablecoins are out there; now they just need to work. The next phase for stablecoins may focus less on issuance and more on interoperability in practice. Multiple stablecoins, operating under different ...Read moreBlock Slashes Staff as Primary Banking Actives Jump 22% to 9.3M
February 26, 2026
Block’s massive staff cuts dominated the news surrounding its fourth quarter earnings release and conference call Thursday (Feb. 26). As the company culls its workforce from more than 10,000 employees to ...Read more
Google Aims at Merchants With Open-Source Universal Agentic Protocol
January 12, 2026
Google’s Universal Commerce Protocol marks a shift in how the company wants transactions to happen online. Instead of sending users from search results to merchant websites, Google is beginning to ...Read moreBlock’s Third Quarter Puts Spotlight on FinTech Realities, Not Crypto Dreams
November 6, 2025
As the lines between financial services, consumer banking and commerce blur, sitting at the intersection of technology and money movement starts to look attractive. At the enterprise level, at least. ...Read moreStablecoin Orchestration Becomes New Blockchain Battleground
November 3, 2025
As payment innovations scale, settlement and infrastructure have traditionally reared their heads as the strategic chokepoints. In the early days of the digital payments revolution, for example, industry titans like Mastercard, ...Read moreTrulioo Says the Next Evolution of KYC Is KYA
October 29, 2025
Watch more: What’s Next in Payments: Trulioo, Zac Cohen Commerce is changing fast, and verification has never mattered more for payments companies. As October unfolds, surprises abound and may touch on everything ...Read moreMastercard Wants to Make Commercial Payments Plug-and-Play
October 16, 2025
The golden rule of business is that operational inefficiency can cost enterprises both their time and their money. It’s the golden rule of business payments, too. But unlike the consumer payments space ...Read moreBlock Targets Traditional Card Users With Expanded Rewards Program
October 10, 2025
Some of the new features offered by Block’s Square and Cash App brands take direct aim at the fees charged by card networks, Bloomberg reported Friday (Oct. 10). The company is ...Read moreBlock Pushes Past Payments Into Bitcoin, Banking and BNPL
August 7, 2025
Block, owner of Square and Cash App, is betting that the future of money won’t look a lot like its past. Per its executive remarks during Thursday’s (Aug. 7) second-quarter 2025 earnings ...Read moreBakkt Inks Deal With DTR to Become Crypto, Stablecoin Infrastructure Provider
May 12, 2025
In today’s operating environment, adaptability is more than a competitive edge. It can mean the difference between survival and insolvency. Bakkt Holdings, Inc., a once-diversified digital asset platform, is living that ...Read moreBlock Renews Bets on AI, Ecosystem Lending as Growth Softens
May 1, 2025For a company long hailed as a tech disruptor in financial services, Block’s Q1 2025 results present a paradox. One of slowing growth amid a flurry of innovation. The question looming ...Read moreCash App’s Growing Number of Direct Deposits Marks Progress in Expansion Efforts
April 3, 2025
Block’s Cash App is reportedly making progress in its efforts to offer banking services to customers who mostly use the app to make payments. The number of the app’s users who ...Read more
Bankers Tell Lawmakers Fraud Is Growing Faster Than Defenses
March 5, 2026
Bank executives appearing before a House Financial Services subcommittee Thursday (March 5) delivered a blunt message. Financial fraud has become more sophisticated, more coordinated and more difficult to contain, even as ...Read moreApple Slashes Entry Price With MacBook Neo
March 4, 2026
Apple unveiled a new laptop Wednesday (March 4) that it said offers the Mac experience at a “breakthrough price” that starts at $599 for consumers and $499 for students. The MacBook Neo features ...Read moreAI Data Centers Starve Budget Smartphones of Memory Chips
March 2, 2026
The artificial intelligence industry is causing a shortage of memory chips needed by the smartphone industry even as AI features become part of the latest mobile devices, Bloomberg News reported ...Read moreAT&T Slashes AI Costs 90% by Swapping Large Models for Small Ones
February 27, 2026
AT&T boosted the efficiency of its internal Ask AT&T personal assistant by reworking the orchestration layer and shifting more of the work from large language models (LLMs) to small language ...Read moreAI Pioneer Andrew Ng Expects Decades-Long Wait For AGI
February 27, 2026
Artificial intelligence pioneer Andrew Ng said the industry is decades away from developing artificial general intelligence (AGI). In an interview with Fast Company posted Friday (Feb. 27), Ng said he defines ...Read moreJPMorgan’s $20 Billion Tech Bet Could Shrink FinTech’s Innovation Edge
February 25, 2026
Updating the banking core has traditionally been viewed as akin to docking a cruise ship, with modernization serving as shorthand for incrementalism. Digitize the front end, bolt middleware onto aging ...Read moreThe Clearing House: Trust Is the Gatekeeper for What’s Next in Payments
February 24, 2026
Watch more: What’s Next in Payments With The Clearing House’s Sal Karakaplan A single word rarely captures the trajectory of an entire industry. Yet during periods of structural change, language often ...Read moreUber Debuts New Services for Autonomous Vehicle Partners
February 23, 2026
Uber has debuted Autonomous Solutions, a suite of services and capabilities designed for autonomous vehicles. These capabilities have already begun helping partners build and commercialize autonomous vehicles (AVs) in markets worldwide, Uber ...Read moreMulti-Agent Systems Move Business AI From Chatbot to Operations
February 20, 2026
For the last two years, enterprise artificial intelligence has been stuck in the assistant phase, a world of smarter emails and faster document summaries that boosted individual productivity but left ...Read moreEarnings Season Made It Clear: Digitize Supply Chains or Fall Behind
February 20, 2026
Logistics is moving from a game of scale to one of smarts. As global trade shifts under the weight of ongoing uncertainty and geopolitical strain, knowing where goods are, what condition ...Read more
FinTech and Big Finance Fight to Own the Stablecoin Stack
March 6, 2026
Stablecoins can no longer be viewed as a single product category. Recent developments point to their emergence as the foundation for a multi-layered infrastructure system, similar to the early architecture ...Read moreTokenized Securities Move Closer to Mainstream Finance After New Guidance
March 6, 2026
Innovation versus regulation is no longer the defining framework of the blockchain finance space. Instead, as a Thursday (March 5) technical clarification issued jointly by the Office of the Comptroller of ...Read moreCrypto Meets the Fed’s Core Payments System
March 4, 2026
The financial system in the United States can be separated into two periods. One period, the historical one, existed up until Tuesday (March 3). During this period, access to the Federal ...Read moreStandard Chartered Picks JPMorgan Vet Naveen Mallela to Run Payments Unit
March 4, 2026
Standard Chartered named JPMorgan Chase’s former blockchain unit leader to oversee its payments business. Naveen Mallela will become the bank’s global head of payments starting May 4, according to a Wednesday ...Read morePayPal Brings Crypto to Logistics Payments
March 3, 2026
PayPal and transportation trade finance provider TCS Blockchain have launched a collaboration to enable carriers to use digital assets on blockchain rails to settle freight invoices. This solution will allow faster ...Read moreNY Fed: Banks Holding Stablecoin Deposits Are Lending Less
March 3, 2026
As digital dollars move onto blockchains, what happens to the banks that still sit at the center of the financial system? That was the question at the center of a new ...Read moreCrypto Investors Cautious as Iran Conflict Continues
March 2, 2026
Conflict in the Middle East is making digital assets traders more cautious, Bloomberg News reported Monday (March 2). Cryptocurrencies fell Saturday (March 1) following news that the United States attacked Iran. ...Read moreMorgan Stanley Wants to Build the Back Office of Tokenized Real-World Assets
February 27, 2026
Digital assets have gotten boring enough that their growth is now buried in procedural filings, not viral social media headlines. Take, for example, the news that blue-chip global bank Morgan Stanley ...Read moreBarclays Accelerates Push Into Stablecoins and Tokenized Deposits
February 27, 2026
Barclays is looking to build a blockchain platform that could handle stablecoin payments and tokenized deposits, Bloomberg reported Friday (Feb. 27), citing unnamed sources. The bank has sent a request for ...Read moreInComm Payments and SKUx Launch Blockchain Aid Payments Platform
February 27, 2026
InComm Payments and SKUx announced Friday morning (Feb. 27) a strategic partnership to improve how digital payments are distributed for humanitarian aid and other applications for emerging markets. The announcement ...Read more