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.
Toys R Us May Return With Smaller Stores
June 24, 2019
Ahead of this year’s holiday season, defunct toy chain Toys R Us could be making a comeback: The remnant of the company will reportedly open a shopping website along with ... Read moreFacebook Recruits Blockchain Program Manager
June 24, 2019
Facebook is reportedly seeking “to hire a finance program manager in blockchain,” according to a new job posting.
The move comes amid the social media platform’s cryptocurrency push, according to CoinDesk. “The ... Read moreDigital Payments And The Online Workforce
June 21, 2019
Online payment methods and digital technologies are coming into the working world. In healthcare, identity is taking center stage amid digitalization in the space. And, in retail, Verishop has officially ... Read moreHow QSRs Enable Digital Options With Rapid Order-Ahead Growth
June 20, 2019
In an era of restaurant technology that provides diners with many choices, mobile order-ahead is more popular than ever with consumers. Quick-service restaurant (QSR) consumers, for instance, are tapping into ... Read moreThe World Gets Its Libra Look — And Is Divided On What It Sees
June 19, 2019
The world has gotten its first good look at Libra — Facebook’s long-anticipated move into cryptocurrency and global payments. That move includes new rails (the Libra Blockchain), the new currency ... Read moreWhat The Launch Of Facebook’s Libra Means For Payments
June 18, 2019
The endless speculation over Facebook’s plans to build a new set of global payments rails and launch a global cryptocurrency comes to an end today with the official launch of ... Read moreP2P Payments Set The Stage For B2B RTP
June 18, 2019
Are B2B payments ready for real-time speed? Bottomline Technologies’ Vice President of Product Management and Strategic Solutions Jessica Cheney explains how Zelle and P2P have helped set the stage for ... Read moreAdventure Travel And Beyond — Summer Vacation’s New Norm
June 15, 2019
Summer is here and while schools nationwide are emptying, families across the U.S. are readying for the annual pilgrimage to beaches, national parks, amusement parks, resorts and campgrounds nationwide. And ... Read moreUber’s IPO Blame Game
June 14, 2019
We all like to be rewarded for work and vision, for toil and trouble. For putting up money where, literally, our mouths are.
If only those pesky geopolitics wouldn’t interfere …
We’re ... Read moreRFID Steps Up As A Retail Innovation Tool
June 14, 2019
Radio-frequency identification (RFID) technology is carrying more weight in retail these days, helping merchants to innovate and win over consumers, and even serving to tie together web, mobile and in-store ... Read more
Digital Payments And The Online Workforce
June 21, 2019Online payment methods and digital technologies are coming into the working world. In healthcare, identity is taking center stage amid digitalization in the space. And, in retail, Verishop has officially ... Read moreAnalyst: Square Cash App Downloads Top Venmo’s
June 13, 2019
A new report shows that Square’s Cash App downloads increased by 2.2 million last month, while Venmo’s were up 1.7 million.
According to a report from Nomura Instinet analyst Dan Dolev, ... Read moreSquare Integrates Food Delivery Services Into POS
June 6, 2019
Square is releasing new order management integrations for Square for Restaurants, which will allow orders from DoorDash, Postmates and management platform Chowly to join existing provider Caviar in flowing directly ... Read moreSquare Sends Receipts To Wrong Customers
June 4, 2019
Square, the digital payments company that handles millions of transactions for consumers, sometimes sends the receipts to the wrong people, a situation chronicled in a new Wall Street Journal report.
According ... Read moreQSRs Enhance Mobile Offerings With AI Tech
June 3, 2019
Quick-service restaurants (QSRs) are improving their mobile offerings with new technologies such as artificial intelligence (AI). In ridesharing news, Uber showed slowing growth in its debut earnings report as a publicly traded company. And prescription ... Read moreUber And Lyft Drivers Could Gain Access To Digital Ad Revenue
June 3, 2019
Say hello to the marriage of digital advertising and ride-hailing – and, it seems, more potential for a bigger payday for those gig workers who provide that form of transportation.
A ... Read moreWhy Digital Marketplaces Must Anticipate Shoppers’ Needs
May 28, 2019
With abundant choices in many aspects of their lives, consumers expect a range of options when it comes to online shopping, ranging from picking out clothes to making travel plans. ... Read moreSquare: Most SMBs Will Always Accept Cash
May 23, 2019
Rumors of the death of cash – as in complete extinction – are greatly exaggerated. Even as digital payments gain ground, cash still remains part of the payments landscape – and ... Read moreCBD Companies Can Process Payments Through Square Now
May 23, 2019
Square, the digital payments company, is getting into the CBD market, launching a payment processing service for the industry.
Forbes, citing Square, reported that a year after CBD, which is derived ... Read moreHow Connected Consumers Tap Into In-Store Smartphone Shopping Features
May 21, 2019
Smartphones fit squarely in the center of the social and digital lives of many shoppers — and provide these consumers with constant connectivity. They have also created a new market ... Read more
Payroll Startup PayFit Lands $79M
June 18, 2019
Payroll startup PayFit has announced $79 million in new funding, according to reports Monday (June 17).
The France-based company secured the funding from Eurazeo and Bpifrance, which are backing PayFit’s payroll ... Read moreLloyds Of London Looks At Driverless Car Policies
June 18, 2019
Lloyd’s of London is looking into its auto coverage options to prepare for the impending rise in driverless technology.
Chief Executive Officer John Neal said that the 330-year-old insurance market is ... Read moreStudy: GPS Fail Would Cost Economy $1B A Day
June 16, 2019
In a study of Global Positioning System (GPS) technology, researchers found that loss of the service would have an impact of $1 billion per day per an approximate estimate. The ... Read moreFlorida Is Latest State To Pass Autonomous Car Law
June 14, 2019
Florida governor Ron DeSantis has signed a bill that allows autonomous cars to operate on the roads without requiring a human being to be behind the wheel, according to reports. ... Read moreMary Meeker Offers Digital Views For 2019 And Beyond
June 12, 2019
Digital payments continue to be fueled by the growth of such areas as ridesharing and wearable technology, as well as the images used by various web platforms to further engage ... Read moreHow A Retail Incubator Could Produce The Next Big Innovation
June 12, 2019
The myth of the lone (and possibly mad) scientist died out a long time ago, as the industrial age led to teams of researchers working together (or at healthy cross ... Read moreJRNI Launches Marketplace Of Pre-Built Apps
June 11, 2019
JRNI, formerly BookingBug, announced on Tuesday (June 11) the launch of its Marketplace, which gives customers access to prebuilt apps and scalable integrations from technology partners, system integrators and developers ... Read moreBrexit Uncertainty Hurts London Tech Sector
June 11, 2019
The uncertainty surrounding Brexit is hurting the technology sector in London, warned London Mayor Sadiq Khan.
According to a report in Reuters, citing comments the mayor made on the opening day ... Read moreHuawei Blacklist Could Impact 5G Standards
June 10, 2019
The 5G standards body has warned that a ban on Huawei could have “a dramatic impact” on future standardization, while analysts believe it could lead to a split in the ... Read moreGoogle Spent $21M On Lobbying In 2018
June 9, 2019
Google is spending more than any other U.S. tech company on lobbying as the tech sector faces increased scrutiny and the potential for more regulation.
According to a report in CNBC citing ... Read more
Facebook Recruits Blockchain Program Manager
June 24, 2019Facebook is reportedly seeking “to hire a finance program manager in blockchain,” according to a new job posting.
The move comes amid the social media platform’s cryptocurrency push, according to CoinDesk. “The ... Read moreMastercard On Facebook’s Libra Crypto Payments Future
June 24, 2019
The news about Libra has been out for about a week. The think pieces have come in waves, as have the reactions from analysts, cryptocurrency enthusiasts and regulators — and ... Read moreBitcoin Daily: Overstock CEO Shares Movement In Bitcoin Efforts; Russia Might Be Open To Crypto Trading
June 23, 2019
Overstock CEO Patrick Byrne said that he welcomes Facebook’s entry into the cryptocurrency market. At the the Fortune Brainstorm Finance conference in Montauk, N.Y., Byrne told CNN Business that the social ... Read moreBitcoin Daily: Firefox Bug Targets Crypto Owners; Bitcoin Inventor Claims Escalate
June 20, 2019
Australian Craig Wright, who has declared himself the inventor of bitcoin, believes that a series of lawsuits will help him prove that he is the inventor of bitcoin.
But many in ... Read moreFor Cryptos, Waiting For (Regulatory) Godot?
June 19, 2019
Amid the news this week that a new cryptocurrency would debut — that would be Facebook’s Libra, of course — might the regulatory landscape be shifting enough so that the ... Read moreBlockchain Rx For Drug Supply Chains
June 19, 2019
It wasn’t all about Libra, the new cryptocurrency backed by social media and financial heavyweights and underpinned by blockchain. Announcements tied to DLT also spanned pharmaceutical supply chain pilots and ... Read moreBitcoin Daily: Microsoft Hops On Hyperledger, IBM Upgades Blockchain
June 19, 2019
Microsoft announced that it has joined Hyperledger.
“We believe that developing standards and open specifications, as well as collaborating on implementations of them, is critical to removing customer blockers and accelerating ... Read moreLawmaker Calls For Moratorium On Facebook Crypto
June 19, 2019
Facebook is facing more opposition regarding its cryptocurrency, with Congresswoman Maxine Waters (D-CA), chairwoman of the House Financial Services Committee, calling for a moratorium on the digital currency.
“Facebook has data ... Read moreThe World Gets Its Libra Look — And Is Divided On What It Sees
June 19, 2019The world has gotten its first good look at Libra — Facebook’s long-anticipated move into cryptocurrency and global payments. That move includes new rails (the Libra Blockchain), the new currency ... Read moreSocial Data’s Impact On CU Member Personalization
June 19, 2019
In the competitive financial industry, credit unions (CUs) remain popular banking options, with a recent CUNA Mutual Group report estimating that 324,000 consumers joined CUs in March 2019.
To stay competitive, ... Read more