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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
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 its operations. The move made Block one of the most closely watched tests of a...
Block on Tuesday (July 21) released Buzz, an open-source collaboration platform where employees and artificial intelligence (AI) agents work side by side in the same channels. Block CEO Jack Dorsey said on X that Buzz is “model-agnostic, decentralized, self-sovereign and open source.” He said Block...
Block will pay $45 million to settle allegations from 46 states that the company misled consumers about the safety of its peer-to-peer payments app, Cash App, and failed to provide the fraud protection and resolution required by law. Get the Full Story Complete the form to unlock this article...
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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe […]
February 26, 2026
Block’s massive staff cuts dominated the news surrounding its fourth quarter earnings release and conference call Thursday (Feb. 26). Get the Full Story Complete the form to unlock this article...
January 27, 2026
For much of modern consumer finance, underwriting has relied on static credit files that offer a delayed view of financial behavior. Those bureau-based models, Block Chief Risk Officer Brian Boates...
January 13, 2026
Fraudsters are nothing if not creative, constantly reshaping old tricks with new technology to stay one step ahead of consumers and the institutions that serve them. Get the Full Story...
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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this […]
July 09, 2026
Block will pay $45 million to settle allegations from 46 states that the company misled consumers about the safety of its peer-to-peer payments app, Cash App, and failed to provide the fraud protection and...
April 22, 2026
Block and Uber Technologies have expanded their global partnership to launch new capabilities in different markets, they said in a Wednesday (April 22) press release emailed to PYMNTS. Get the...
April 21, 2026
Cash App is rolling out a new managed accounts feature that allows parents or legal guardians to manage money for their kids aged 6 to 12. Get the Full Story...
