Block

Earnings Season Shows Merchants Turning to Platforms to Meet Working Capital Needs

Earnings Season Shows Merchants Turning to Platforms to Meet Working Capital Needs
Earnings Season Shows Merchants Turning to Platforms to Meet Working Capital Needs
May 12, 2025  |  SMBs

Beyond the earnings season focus on consumer spending and consumer lending, the recent quarterly results from the likes of Block, Shopify and PayPal show that...

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Marqeta’s Processing Volumes Surge 27% on Card Issuance, BNPL and Flex Credential Growth
Marqeta’s Processing Volumes Surge 27% on Card Issuance, BNPL and Flex Credential Growth
May 07, 2025  |  Earnings

Marqeta’s first quarter results surged across several metrics as new and existing card issuance programs grew on a global stage across debit and credit channels,...

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CE 100 Index Shrugs Off Concerns Over Consumer Spending, Surges 3.2%  
CE 100 Index Shrugs Off Concerns Over Consumer Spending, Surges 3.2%  
May 04, 2025  |  Connected Economy

Earnings season rolls on. For the CE 100 Index — which saw uniform gains across all pillars — quarterly reports and management commentary on earnings...

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Cash App Slowdown Highlights Shifting Consumer Behavior as They Focus on Essentials
Cash App Slowdown Highlights Shifting Consumer Behavior as They Focus on Essentials
May 02, 2025  |  Consumer Insights

Shares of Block fell more than 20% Friday (May 2), as slowing growth has prompted management to issue cautious guidance. Get the Full Story Complete...

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Block Renews Bets on AI, Ecosystem Lending as Growth Softens
Block Renews Bets on AI, Ecosystem Lending as Growth Softens
May 01, 2025  |  Earnings

For 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...

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Block Fined $40 Million for Cash App’s Anti-Money Laundering Failures
Block Fined $40 Million for Cash App’s Anti-Money Laundering Failures
April 10, 2025  |  AML

Block will pay a $40 million penalty over anti-money laundering deficiencies in its Cash App. Get the Full Story Complete the form to unlock this article and...

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Cash App’s Growing Number of Direct Deposits Marks Progress in Expansion Efforts
Cash App’s Growing Number of Direct Deposits Marks Progress in Expansion Efforts
April 03, 2025  |  Mobile Applications

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. Get...

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CE 100 Index Slips 2.5% as Chip and Payment Names Lose Ground
CE 100 Index Slips 2.5% as Chip and Payment Names Lose Ground
March 31, 2025  |  Connected Economy

The end of March and the first quarter proved rough sledding for the CE 100 Index, as all pillars slipped through the last full trading...

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Block Cuts 8% of Staff Citing ‘Strategy’ and ‘Performance’ Issues
Block Cuts 8% of Staff Citing ‘Strategy’ and ‘Performance’ Issues
March 26, 2025  |  Personnel

Financial services company Block has reportedly laid off 8% of its workforce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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