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.
Kroger, Ocado Announce Two New Customer Fulfillment Centers
February 20, 2019
Kroger and Ocado, one of the world’s largest online grocery retailers, have announced that Central Florida and the Mid-Atlantic will be the next regions for Kroger’s two newest customer fulfillment ... Read moreWalmart’s Earnings Will Reveal How Well Its War With Amazon Is Playing Out
February 18, 2019
Everyone knows the old joke about Whole Foods — the grocery store so expensive that it might as well be called “Whole Paycheck.” Whole Foods always maintained that nickname was ... Read moreWhat Amazon HQ2, Interchange Fees And Facebook Have In Common
February 18, 2019
I hosted a digital discussion last week with an executive from Sift with more than 15 years of experience building trust and safety organizations for some of the biggest digital ... Read moreGoogle Moves In Where Amazon, GE Move Out
February 18, 2019
Amazon and GE may be giving up on New York City and Boston respectively, but Google is taking a different approach, expanding in both cities.
According to reports, Google — which ... Read moreXPO Logistics’ Stock Tanks On Potential Loss Of Amazon As A Customer
February 17, 2019
XPO Logistics’ stock took a hit late last week after it revealed that its largest customer curbed its business with the last-mile delivery company.
According to a report in Reuters citing current and ... Read moreAmazon HQ2, JPM Coin And The Weird, Wild Week Of Payments’ Left Turns
February 16, 2019
There is no such thing as a boring week in payments, of course. Every seven-day period is good for at least one unexpected twist. But this week wasn’t good for just one big ... Read moreAs The Dust Settles From Amazon’s HQ Pullback, Ancient Truths Emerge
February 15, 2019
Hope springs eternal.
Nothing happens in a vacuum.
A day after Amazon said it would not build a headquarters in New York City after all, those two ancient lessons are holding true.
Chicago ... Read moreSamsung Expands Beyond Pop-Ups With Full-Scale Stores
February 15, 2019
In a potential challenge to Apple at brick-and-mortar retail, Samsung Electronics is looking to move beyond pop-up shops with its own full-scale U.S. locations. The company will reportedly open three ... Read moreFAO Schwarz Planning New Locations, Product Collections
February 14, 2019
Toy brand FAO Schwarz is continuing its resurgence with the announcement of several new locations and a few different licensing agreements to move beyond toys, according to reports.
The brand will ... Read moreWhat Digital Platforms Need To Know Before Going Global
February 13, 2019
Consumers want what they want, whenever they want it — digital or otherwise. Whether it’s ordering via a ride-hailing app, or streaming their favorite TV shows, they want it to ... Read more
PayPal’s Hit And Miss For Q4
January 31, 2019
PayPal kept its 2018 earnings beat streak alive, notching its fourth consecutive earnings beat with its Q4 results announcement yesterday (Jan. 30).
Revenue, however, was a slight miss for both the quarter and the ... Read moreNew Square Card Promises Instant Funds To SMBs
January 17, 2019
You know your stature by the enemies you make, right?
That’s the old saying at least. Well, “enemy” might be too strong a term — business is not war — but Square ... Read moreSquare Launches In-App Payments Kit For Sellers
January 9, 2019
Payment company Square, popular for its square-shaped mobile card reader, has released an in-app payments software development kit (SDK) that will give developers and sellers alike a new way to ... Read moreSquare Names Blizzard Entertainment Executive As Next CFO
January 4, 2019
Square, Jack Dorsey’s digital payments company, announced Thursday (January 3) that it named Blizzard Entertainment chief financial officer Amrita Ahuja as its new CFO.
In a press release, Square said Ahuja ... Read moreResTech Race Gains Fresh Buzz From Fast-Casual Sector
November 8, 2018
Some of them provide an easy target for mockery, especially among younger consumers who often see them as offering bland, unhealthy fare. Some can make a pragmatic destination for holidays ... Read moreCashierless Stores Take Seattle Grocery Cues To Asia
November 1, 2018
Thousands of miles from Seattle, where Amazon Go opened in January, the cashierless checkout model is taking hold in other parts of the world. Singapore, in particular, recently saw the ... Read moreAEVI Software Launch Targets SMB Checkout Improvements
October 30, 2018
It’s never easy being a mom-and-pop merchant, or a similarly small retailer, given the resources of the bigger rivals out there, along with the pace of commerce and payments technology ... Read moreCan Mobile Pay-At-Table Be Dining’s Friction Elixir?
October 30, 2018
These days, it’s hard to even think of a restaurant operating without some massive presence in digital — not only an attractive website, but online delivery (either done in-house or via ... Read moreVisa’s Expanded Token Services Partner List Now Includes Amazon
October 26, 2018
Call it the week of tokenized credentials on file, the week of EMVCo and the week of SRC.
As noted in these digital pages, Visa said it would boost its Visa ... Read moreWhy Yesterday Is The Key To Building mPOS’ Future
October 25, 2018
Before 2009, when Square launched in the U.S., the world of payments wasn’t terribly friendly terrain for small and micro-businesses looking to accept credit cards. The process was convoluted, and ... Read more
Accutive Eyes GDPR Compliance With Encryption Alternative
February 21, 2019
Security and technology consulting company Accutive is rolling out a new solution designed to give enterprises an alternative to data encryption to protect sensitive information.
In a press release on Wednesday ... Read moreSafe-Driving AI Startup Newton Joins Team At Nauto
February 20, 2019
Safe-driving AI startup Newton Technologies has announced that it is joining Nauto, a transportation company working to make human drivers and autonomous vehicles safer.
Launched in 2017, Newton utilized artificial intelligence ... Read moreFacebook Aims To Advance AI By Creating Its Own Chips
February 18, 2019
Facebook wants to create its own chips to deliver the type of computing speeds necessary to take the next leap forward in artificial intelligence, according to a report in the ... Read moreNew App Lets Users Tip On Twitter With Bitcoin
February 18, 2019
Twitter users can now send small bitcoin transactions as a tip if they like a tweet, according to reports.
A new app called Tippin has been released as a Chrome extension, ... Read moreApple Overhauls Leadership Ranks
February 18, 2019
In an attempt to lower its reliance on the iPhone, Apple is overhauling its leadership ranks and changing its priorities so that it is focused more on services, artificial intelligence, ... Read moreGoogle’s Head Of Global Public Policy Backs Common Tech Rules
February 10, 2019
Karan Bhatia, vice president of global public policy and government relations at Google, said there should be common rules when it comes to regulating technology on a global basis.
According to ... Read moreBeyond Flying Cars: Predictions That Weren’t Necessarily On The Money
February 9, 2019
Welcome, valued PYMNTS readers, to the weekend.
No doubt you worked hard, and chances are you put in more than 40 hours — probably significantly more. So it may amuse you that ... Read moreIBM Puts $2B In NY AI Research Center
February 8, 2019
IBM is planning to invest over $2 billion to help establish an “AI Hardware Center” at the SUNY Polytechnic Institute campus in Albany, as well as boost its high-tech footprint throughout ... Read moreNYC Debuts Urban Tech Community Program
February 7, 2019
New York City Economic Development Corporation (NYCEDC) and CIV:LAB, a global nonprofit connecting urban innovation ecosystems, have partnered on the launch of The Grid, a network for New York City’s ... Read moreAlexa Launches Baby Activity Skills API
February 5, 2019
Amazon has announced that it is releasing the Baby Activity Skill API for Alexa developers to create baby-related tracking skills for the voice assistant.
“Today, we are excited to announce the ... Read more
Zuckerberg Considering Blockchain ID For Facebook Login
February 20, 2019
In an interview with Harvard Law professor Jonathan Zittrain, Facebook CEO Mark Zuckerberg said that he’s “potentially interested” in using blockchain technology for Facebook logins, and that the tech could ... Read moreBitcoin Daily: Binance Rolls Out Decentralized Exchange; Wyoming Legislators Pass Multiple Crypto Bills
February 20, 2019
Digital currency exchange Binance, which has approximately $1 billion in trading volumes each day, rolled out a decentralized trading service (dex), according to reports. With the concept of a dex, ... Read moreKyckGlobal Debuts On-Demand Workforce Payments Platform
February 20, 2019
KyckGlobal is rolling out its blockchain-powered human resources and funds disbursement portal designed to make it easier for companies to pay their freelance workers.
In a press release Tuesday (Feb. 19), ... Read moreBlockchain’s Inroads Through National Frameworks And Trade Finance
February 20, 2019
Blockchain is increasingly being separated from cryptocurrency, with an eye toward disparate use cases — some done at the national level. To that end, reports came this week that Germany has ... Read moreBitcoin Daily: Bitcoin Price Passes $4K Post-JPM Coin; Bitmain Loses $500M In Q3 2018
February 20, 2019
Coinbase announced that it has acquired Neutrino, a blockchain intelligence platform.
“Blockchain intelligence is increasingly important in the crypto ecosystem and is necessary to achieve our mission of bringing the open ... Read moreBitcoin Daily: Bitcoin Peaks At $3.7K; Indonesia Sets Crypto Trading Regs
February 19, 2019
Bitcoin jumped to a one-month high as it hit $3,727 this weekend — it’s highest level since Jan. 19. Its 24-hour trading volume also rose to above $8 billion for the ... Read moreDoubt, Confusion, Confidence: Where Crypto Stands In B2B Payments
February 18, 2019
Cryptocurrency has come a long way since bitcoin’s emergence as an unregulated, anonymous payment technology. Perhaps the most poignant moment in this evolution came about last week when JPMorgan Chase announced the ... Read moreBitcoin Daily: Luxembourg Passes Blockchain Bill; Overstock’s tZERO Volume Sluggish
February 17, 2019
Overstock’s tZERO isn’t performing as well as expected.
According to CoinDesk, since its launch three weeks ago, daily volume for the platform’s tZERO Preferred (TZROP) token has been somewhere between 7,000 ... Read moreAmazon HQ2, JPM Coin And The Weird, Wild Week Of Payments’ Left Turns
February 16, 2019There is no such thing as a boring week in payments, of course. Every seven-day period is good for at least one unexpected twist. But this week wasn’t good for just one big ... Read moreBitcoin Daily: HSBC — Blockchain Makes FX Trade Cheaper; QuadrigaCX Representation Delayed In Court
February 15, 2019
HSBC‘s blockchain-based system has helped the bank save 25 percent on foreign exchange (FX) trades. The bank facilitates payments across its American, European and Asia-Pacific trading hubs via its HSBC ... Read more