- November 20, 2023
Apple is reportedly facing a lawsuit filed by four users of Venmo and Cash App.
The lawsuit alleges that Apple has abused its market power in the mobile peer-to-peer payment industry, limiting competition ...
- November 2, 2023
The return of Jack Dorsey to Square has been good news for its parent, Block.
As PYMNTS reported, former Square CEO Alyssa Henry departed the company last month on Oct. 2, with Dorsey assuming her role.
“I’m going ...
- October 4, 2023
British digital bank Monzo has named Conor Walsh to head its U.S. operations.
Walsh, a veteran of Cash App, was named the bank’s U.S. CEO on Wednesday (Oct. 4), according to a news release provided to ...
- September 8, 2023
Square has said it will investigate and publish a full review of an outage that impacted merchants for about 19 hours late Thursday (Sept. 7) and early Friday.
The payments platform ...
- August 9, 2023
Cash App’s firmly in place — and will be a significant contributor to Marqeta’s top line for years to come.
And with that bit of news, investors took stock of the ...
- August 4, 2023
Expectations weren’t very high for Coinbase Global this most recent quarter.
The company continues to face very significant risks on the regulatory front within the U.S., and remains entangled in a nasty case with ...
- June 16, 2023
A quartet of Senate Democrats want Venmo and Cash App to offer better fraud protection.
The four senators — Sherrod Brown of Ohio, Elizabeth Warren of Massachusetts, Jack Reed of Rhode ...
- May 5, 2023
Block, the parent company of Square, posted earnings results illustrating the evolution of a financial services ecosystem — with Cash App at the center.
A growing number of users, management said ...
- April 5, 2023
The founder of Cash App has reportedly been killed in a stabbing in San Francisco.
According to multiple news reports Wednesday (April 5), Bob Lee, who had become the chief product ...
- April 2, 2023
Block’s stock recovered late last week after it issued a detailed response to a short seller’s negative report.
On March 23, Hindenburg Research published a report accusing the payments company of ...
- March 23, 2023
Block saw its stock tumble Thursday (March 20) after a short seller accused it of misleading investors.
A report by Hindenburg Research, which the firm said is the result of a ...
- February 28, 2023
Slowing buy now, pay later (BNPL) volumes and customers’ belt tightening helped send Marqeta’s shares down sharply Tuesday after earnings.
By the numbers, the card issuing platform company’s earnings supplementals show ...
- February 27, 2023
Block, which owns retail POS solution Square, money transfer service Cash App, and buy now, pay later (BNPL) firm Afterpay, is on a journey to overall profitability but has work ...
- February 23, 2023
A year after closing its acquisition of Afterpay, Block (formerly Square) is seeing traction in its buy now, pay later (BNPL) business.
And the Cash App mobile wallet, management said on ...
- January 31, 2023
Cash App has launched a new feature that helps consumers with their savings.
Designed to make it easy for people to save for the first time, the new Cash App Savings ...
- January 11, 2023
The new tax rules have been delayed — and nothing’s certain — so P2P will continue to be a gig economy mainstay.
And amid the uncertainty, P2P may be the go-to ...
- December 1, 2022
A federal court has ruled that FinTech Block must provide information to a regulator.
The Consumer Financial Protection Bureau (CFPB) is seeking emails to and from Brian Grassadonia — the co-creator of Block’s Cash App payment platform — ...
- November 4, 2022
From Big Tech to social media to retail, a growing number of companies are trying to build the “Super App” that seven in 10 consumers say they want.
In a perfect ...
- November 4, 2022
With a roster of 49 million active users and a record $52 billion of inflows — including a spike in direct deposits — Cash App is looking more and more ...
- November 3, 2022
There’s widespread agreement that Elon Musk wants to turn Twitter into an all-in-one super app that includes payments. Let the free-for-all begin.
While Musk, who was a co-founder of PayPal and ...
- September 15, 2022
Today in Europe, Africa and the Middle East, U.K.-based FinTech Paysend launched a new instant payment product, and Adyen has integrated Block’s Cash App as a payment method.
Adyen to Become ...
- September 15, 2022
Financial technology platform Adyen has partnered with Block’s mobile payment method Cash App to become the first such platform to offer Cash App outside of its Square ecosystem.
With this partnership, ...
- September 2, 2022
Block, which was formerly called Square, has begun letting users of its Cash App make payments on eCommerce sites that aren’t part of the Square network.
This replaces a system in ...
- August 26, 2022
Australian payments company Afterpay has ended its partnership with Westpac Banking after Afterpay canceled a smartphone app it was running with the bank.
Afterpay will instead focus on integrating its products ...
- August 25, 2022
A class action was filed against mobile payments company Cash App Investing and its parent Block over “negligent” behavior related to the December 2021 data breach that allegedly compromised the personal ...
- August 19, 2022
A Block spokesperson told PYMNTS Friday (Aug. 19) that the company is “disappointed” that the Consumer Financial Protection Bureau (CFPB) has filed a petition for a federal judge to force ...
- August 4, 2022
For Block, the parent company of Square, bitcoin’s been a drag on results, and Cash App has been a boon.
Block posted Q2 results that showed that the company’s movement to ...
- May 20, 2022
Speaking at the first Block investors day in five years, CEO Jack Dorsey’s main goal was to show that Block is “no longer just a payments company.”
But if you start ...
- May 12, 2022
Square will be debuting new APIs, according to a company blog, which it says will help developers and partners build eCommerce solutions.
The two APIs are Bookings API and Checkout API.
Bookings ...
- May 5, 2022
For Block, the parent company of Square, buy now, pay later (BNPL) is already paying off.
Head Jack Dorsey and Chief Financial Officer Amrita Ahuja told analysts that the firm’s latest ...
- April 14, 2022
Today in data, Ark Invest sells its PayPal stake because it believes in Cash App’s cryptocurrency-focused future. Plus, Ethereum Foundation developer Virgil Griffith gets a 63-month prison sentence and $100,000 ...
- April 11, 2022
Bitcoin-friendly Ark Invest has sold off its PayPal holdings in favor of Cash App, and Bitcoin is behind the decision.
Ark CEO Cathie Wood told CNBC at the Bitcoin 2022 conference ...
- April 7, 2022
The Ultimate Fighting Championship plans to pay a new bonus to competitors that will go out in crypto, Bloomberg reported Thursday (April 7).
With crypto platforms becoming more ingrained in major ...
- April 6, 2022
A former employee of Block (formerly known as Square) is accused of downloading Cash App reports containing sensitive data belonging to customers, according to multiple reports on Wednesday (April 6).
Block ...
- March 29, 2022
Today in Data, quick-service restaurants use loyalty programs and surprises to keep customers coming back. Plus, Wells Fargo and Bilt team up on Mastercard rewards card for renters and Chipotle ...
- March 6, 2022
Digital payment company Block, run by CEO Jack Dorsey, is now being investigated by the Consumer Financial Protection Bureau and several state attorneys general regarding its Cash App service, Bloomberg ...
- March 4, 2022
As restaurants continue to look for rewards that they can offer that will make customers truly want to keep coming back, some are turning to cryptocurrencies.
Shake Shack, for one, is ...
- January 11, 2022
In today’s top Europe, Middle East and Africa news, Fly Now Pay Later snags $75 million for global expansion and the U.K.’s financial regulator plans to review data markets amid ...
- January 11, 2022
Cash App, the peer-to-peer payment service owned by Block, formerly Square Inc., has integrated the Lightning Network.
The feature, which allows transactions between parties not on the blockchain network, is now ...
- December 14, 2021
Block has debuted a new Cash App feature to allow users to gift in stock or bitcoin this holiday season, per a Money.com report Tuesday (Dec. 14).
The new gifting feature ...
