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.
Amazon and Walmart Test Whether Drones Can Make Rural Delivery Pay
August 27, 2026
Retail, since the category’s inception, has embraced the maxim that population density equals sales destiny. That calculus has largely held steady in the age of eCommerce and shifting customer expectations, ...Read moreBest Buy Expands Omnichannel Footprint With OpenAI Integration and Smaller-Format Stores
August 27, 2026
Best Buy is reaching customers in new ways, both in stores and online, executives said Thursday (Aug. 27) during the specialty consumer electronics retailer’s quarterly earnings call. Best Buy has begun ...Read moreUnderstanding the Fragility of Economic Concentration Through the Principles of Ecology
August 27, 2026
In these times of uncertainty, the states have stepped into a more meaningful role in competition policy in the United States. But effective competition policy would best aim to build ...Read moreRobot Delivery Is Booming and Cities Want Their Cut
August 26, 2026
Delivery robots are moving past a simple question. Can they use sidewalks? Cities are now asking sharper ones: how many robots, how fast, and what a company should pay to ...Read moreBlock Links Square and Cash App to Create Local Business Network
August 25, 2026
Block’s local commerce network, Neighborhoods, has added 30,000 more sellers, the company said in a Tuesday (Aug. 25) press release. Neighborhoods connects sellers who use Block’s Square with customers who use ...Read moreNscale Targets $3 Billion IPO as AI Data Center Demand Soars
August 21, 2026
Nscale, a developer of artificial intelligence (AI) data centers, aims to raise as much as $3 billion in an initial public offering that could take place as soon as September, ...Read moreDatavault Pushes Into Banking Realm With BankWyse Acquisition
August 19, 2026
Data monetization and real-world asset tokenization company Datavault AI is set to acquire Wyoming financial institution BankWyse. “This acquisition adds the final piece to Datavault AI’s data monetization ecosystem,” the company said in ...Read moreSquare and OpenTable Team on Restaurant Transaction Data
August 18, 2026
Square and restaurant tech provider OpenTable expanded their partnership to enable restaurant operators to manage reservations, payments and guest data on Square software and hardware, giving operators a more complete ...Read moreSquare Accelerates Push to Integrate Small Business Finance
August 17, 2026Square’s refresh of its Square Credit Card, which was announced last week, is part of parent company Block’s broader strategy to more closely integrate payments, banking, credit and bill management within its ...Read moreBlock and PayPal Find More Revenue in Merchant Loans
August 14, 2026
A merchant that once represented a stream of transaction fees can now represent a lending relationship, and second-quarter earnings results show payments platforms putting more money behind that proposition. Block and ...Read more
Block’s AI Overhaul Starts Showing Up in Results
August 5, 2026
Block drew plenty of attention earlier this year when CEO Jack Dorsey announced plans to cut roughly 40% of the company’s workforce and put artificial intelligence at the center of ...Read moreStablecoin Plans Split as Banks Go Their Own Way
April 1, 2026
At the end of 2025, when a consortium of ten global banks announced they were exploring a stablecoin tied to G7 currencies, the news carried the weight of inevitability. It ...Read moreGoogle 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 more
Rundoo Bets Independent Supply Stores Are Vertical Software’s Next Big Market
September 1, 2026
Watch more: Need to Know With Rundoo’s Nick Hershey Independent supply stores like to do things their own way, which gives them competitive strength. However, one of the things they’re doing ...Read moreApple’s New CEO Inherits an AI Strategy Built on Outsiders
August 31, 2026
John Ternus becomes CEO of Apple on Tuesday (Sept. 1), taking over a company whose defining strength has always been tight control of its own technology stack, hardware, software and ...Read moreEnterprises Tap the Brakes on Tech Budgets While Demanding AI ROI
August 28, 2026
While spending on artificial intelligence infrastructure is expected to drive a 14.2% increase in global IT spending this year, not all enterprises are raising their spending that much, the Wall ...Read moreTexas AG Race Could Bring New Scrutiny of Workplace AI
August 28, 2026
Texas businesses using artificial intelligence to set compensation or select employees for layoffs could face greater scrutiny if Democratic attorney general nominee Nathan Johnson wins in November. The state senator’s proposal ...Read moreSplitit CEO Says Payments Firms Must Build for AI, Not Just Use It
August 26, 2026
Watch more: What’s Next in Payments With Splitit’s Nandan Sheth For payments executives, artificial intelligence (AI) is quickly becoming less interesting as a productivity tool than as a competitive weapon. In conversation ...Read moreTreasury Unveils Post-Quantum Readiness Task Force
August 25, 2026
The U.S. Treasury Department announced Monday (Aug. 24) the launch of a public-private initiative aimed at helping financial institutions and systems migrate from today’s widely used cryptographic tools to a ...Read moreFIS Says Purchase Data Will Push Payments Beyond the Transaction
August 24, 2026
Watch more: What’s Next in Payments With Jakob Harrison of FIS Jakob Harrison said he does not buy the idea that payments executives should spend their days looking over their shoulders. ...Read moreBanks Prepare Payments for AI Commerce
August 21, 2026
Watch more: Need to Know With Thales’ Caio Reis Banks are rebuilding payments systems for transactions that may soon be initiated by software rather than people. That prospect changes what issuers ...Read moreEnterprise AI Finds Its Firmest Footing in Security and Treasury
August 20, 2026
For all the attention paid to enterprise artificial intelligence strategy, adoption is not spreading evenly across the organization. According to findings shared in the August 2026 edition of The Enterprise AI ...Read moreSquare and OpenTable Team on Restaurant Transaction Data
August 18, 2026Square and restaurant tech provider OpenTable expanded their partnership to enable restaurant operators to manage reservations, payments and guest data on Square software and hardware, giving operators a more complete ...Read more
FinCEN Says Stopping Crypto Scams Means Catching How Customers Fund Them
September 4, 2026
The most useful fraud signal in a cryptocurrency investment scam may not be the cryptocurrency transaction. It may be the customer’s balance sheet deteriorating in real time. That is among the ...Read moreMoneyLion Founder Gets $25M From a16z for OpenReserve Digital Bank
September 3, 2026
FinTech company OpenReserve has gotten conditional approval for a U.S. banking charter. The company received that permission from the Office of the Comptroller of the Currency this week, CEO Dee Choubey said in a post on X Thursday ...Read moreCiti Marks Live Transactions Using Swift’s Blockchain-Based Ledger
September 3, 2026
Citi says it has successfully processed live transactions on Swift’s blockchain-based ledger. The banking giant announced the completion of this effort Thursday (Sept. 3), calling it a “significant milestone in its ...Read moreTether Accused in Lawsuit of Improperly Freezing 42.4 Million Stablecoins
September 2, 2026
Tether is facing a new lawsuit related to its freeze of 42.4 million of its USDT stablecoins. The lawsuit, filed Monday (Aug. 31) by a pair of Thai businessmen, alleged the ...Read moreBankChain Puts Community Banks in the Digital Money Race
August 27, 2026
Thirty-nine state banker associations this week announced plans to create an industry-owned, industry-designed and industry-governed blockchain network capable of supporting smart payments, tokenized deposits, stablecoins and automated settlement. But the ...Read more39 State Bankers Groups Join Forces to Build Blockchain Network
August 26, 2026
Thirty-nine state bankers associations have formed an organization dedicated to creating a blockchain network that will be owned, designed and governed by the industry. Dubbed the BankChain Alliance, the organization is ...Read moreKroger Expands Fold Bitcoin Gift Card Offering After Successful Pilot
August 20, 2026
Retail and supermarket chain Kroger expanded its Fold Bitcoin Gift Card offering after completing a successful seasonal pilot, Fold Holdings said in a Wednesday (Aug. 19) press release. The Fold Bitcoin ...Read moreSEC Proposes Rules to Streamline Capital Formation for Digital Asset Entrepreneurs
August 18, 2026
The Securities and Exchange Commission (SEC) proposed new rules that it said in a Tuesday (Aug. 18) press release would create a clear framework for certain investment contracts involving crypto ...Read moreCrypto Trade Group Backs Custodia’s Supreme Court Bid
August 18, 2026
The Blockchain Association is urging the Supreme Court to take up Custodia Bank’s long-running fight for access to the Federal Reserve’s payment system, warning that a lower-court ruling could give ...Read moreThe GENIUS Act Gives Stablecoins a Corporate Cash Audition
August 18, 2026
A Fortune 500 treasurer considering whether to leave $100 million in stablecoins overnight would probably ask a different set of questions than a payments executive deciding whether to use them ...Read more