Tagged: square

Square Research Study: Business Expansion and Automation to Address Challenges for Restaurants, Retailers

Business expansion and automation are to address staffing challenges are top of mind for restaurants, retailers, according to an update from Fintech Square. Recently, Square released its Future of Commerce report, with comprehensive analysis on how business owners and consumers are “considering the evolution of… Read More

BNPL Adoption: Buy Now Pay Later Transactions via Afterpay Increased Significantly During Holiday Shopping

Globally, the peak minute of shopping occurred on Black Friday at 2:09 pm ET on November 24, 2023, according to an update shared by Square. Cities with the largest volume of sales were New York, Los Angeles, London, Chicago, and Miami. Over the Black Friday… Read More

Fintech Square to Support Fast Casual Dessert Franchise JARS by Fabio Viviani

Technology company Square announced that it will be powering quick-service restaurant JARS, a fast-growing franchise concept from celebrity chef Fabio Viviani. Square claims that it “has been serving hundreds of thousands of food and beverage businesses for more than a decade, and its suite of… Read More

Teens: Piper Sandler Survey Shows Spending Decline, Apple Pay Top Spot for Payment Apps

Piper Sandler (NYSE: PIPR) has posted its 46th semi-annual survey of Teens across the United States. The survey can help glean emerging trends that can impact future economic activity and rising brands. Of course, Teens can be fickle, but today’s Teens are tomorrow’s adults. When… Read More

Chatter: Layoffs Taking Place at Block

Block (NYSE:SQ), the parent company of Square, may be slashing its employee headcount, according to Job Community Blind. In recent days, a posting was made inquiring about layoffs as a Block recruiter was apparently let go – leaving an aspiring hire in the lurch. Other… Read More

Fintech Square Introduces Software That Turns Android Devices Into Payment Tech in Canada

Square, part of Block (NASDAQ:SQ), launched Tap to Pay on Android for sellers across Canada. The new technology enables businesses “to securely accept credit card contactless payments with a compatible Android device, at no additional cost.” With Tap to Pay on Android, Square claims it… Read More

Square CEO to Be Replaced by Jack Dorsey

Block (NASDAQ:SQ) founder Jack Dorsey will step in as CEO of Square following the announcement that Alyssa Henry will exit the subsidiary of Block. The change in leadership was revealed in an 8-K filed with the Securities and Exchange Commission. The company stated: “Alyssa Henry,… Read More

Square Unveils Square Credit Card, Cash Flow Management Products in Beta

Square announced the beta launch of new banking and spend management solutions for its U.S. sellers, including new credit tools and features that help businesses simplify their cash flow management and consolidate their finances. The Square Credit Card, running on the American Express network, “gives… Read More

Teen Survey: Apple Pay Takes Top Spot, for Peer to Peer Transfers Squares Cash App Ranked 1st

Investment bank Piper Sandler (NYSE: PIPR) has posted its 45th semi-annual report on Teen preferences, which can help glean which products and services are rising and which are on the wane. At the same time, teens can be fickle, as parents will explain. The Taking… Read More

Short Seller Hindenburg Hammers Block, Says Fintech has Embraced One Underbanked Segment – “Criminals”

Shares of Block (NYSE:SQ), formerly Square, are plunging in pre-market trading following the release of a report by Hindenburg Research, a noted short seller. Hindenburg is not kind in its assessment of the Fintech, stating their 2-year investigation has concluded that Block has taken advantage… Read More

American Express, Square to Create Credit Card for Square Sellers

American Express (NYSE: AXP) and Square (Block) (NYSE:SQ) announced “an expansion of their relationship and plans to launch a new credit card built specifically for Square sellers on the American Express network.” The new card will be “the first credit card Square offers to its… Read More

A Tale of Two Fintechs: PayPal Drops as Block Pops

PayPal (NASDAQ:PYPL) shares sank today after Q3 earnings failed to convince investors that all is good with the payments provider. PayPal apparently reported OK Q3 numbers, but the guidance worried shareholders. On the other hand, Block, formerly known as Square (NYSE:SQ), moved higher in after-hours… Read More

Visa, Square Deliver Faster Transfers to Canadian Businesses

Visa (NYSE: V), one of the world’s leaders in digital payments, has announced its participation in the Canadian expansion of instant transfers, Square‘s solution for rapid merchant settlement. Square’s instant transfers are “enabled by Visa Direct, a VisaNet processing capability helping transform global money movement… Read More

Adyen Selected as Fintech Platform to Introduce Cash App Pay Outside Square Ecosystem

Adyen (AMS: ADYEN), the global financial technology platform of “choice” for large businesses, has teamed up with Cash App (Block, Inc.) to offer Cash App Pay, “a mobile payment method, to Adyen’s U.S. customers.” Businesses working with Adyen will “have access to Cash App Pay… Read More

Square Extends Partnership with Amaka to Introduce Sage Accounting Integration

Amaka and Square have extended their partnership “to launch the Square point of sale integration with Sage Accounting.” This follows the successful rollout of “a range of Square accounting automation solutions available globally.” Pedram Afshar, CEO at Amaka, said: “We’re proud to be working with… Read More

Fitch Positive on Block, Affirms BB Rating

Fitch Ratings has issued a statement affirming the Long-Term Issuer Default Rating (IDR) of Block, Inc., formerly Square (NYSE:SQ), at ‘BB’. Fitch said its outlook of Block remains “Positive” adding that its debt could decline in the coming years as EBITDA scales. Fitch affirmed the… Read More

Despite Crypto Market Crash, Major Firms are Filling Hundreds of Crypto Jobs: Report

  Deloitte reportedly has the highest number of open positions with 144 crypto-related vacancies in the last seven days, “followed by ex-Twitter CEO Jack Dorsey’s Block (formerly Square) and Cash App with 59 and 24 new crypto-related roles in the last seven days, respectively,” according… Read More

Square to be Included on iPhone Tap to Pay

Square, part of Block (NYSE: SQ), says it will add its Tap to Pay feature on the iPhone with an Early Access Program available today and wide release later this year. Square said that it has been working with Apple (NASDAQ:AAPL) to enable Tap to… Read More

Fintech Square Acquires GoParrot to Provide Advanced Capabilities for Restaurants

  Square, part of Block (NYSE:SQ), recently announced that it acquired GoParrot, an “all-in-one” digital ordering and marketing platform for restaurants. GoParrot enables restaurants “to connect more easily and directly with customers through powerful omnichannel software.” As a long-time Square partner, GoParrot’s products already “integrate… Read More

Launch of Square Loans Provides Simple Access to Funds for Canadian Companies

Square recently announced the launch of Square Loans in Canada, giving small businesses quick and simple “access to funds and eliminating another major pain point associated with running a business.” By using transaction data, Square Loans “proactively surfaces customized offers to eligible sellers, providing them… Read More

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