Block

161 results about this entity

Period: 08 Dec 2016 - 14 May 2025

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/payments

Square introduces handheld POS device

Today, Square launched Square Handheld, its most powerful, portable point-of-sale device ever. Combining a sleek, durable design with comprehensive, versatile software, Square Handheld enables sellers to manage everything from payments to back-of-house operations right from their pocket.

/wholesale

Square expands banking service product suite

Square announced new Square Banking tools that give sellers instant access to their cash flow and free, easier ways to manage their earnings.

Block to pay $40m penalty for AML failures

/regulation

Block to pay $40m penalty for AML failures

Block will pay a $40 million penalty to New York regulators for "significant failures" in anti-money laundering programme and virtual currency compliance failures on its Cash App platform.

Block chops 931 staff and closes open positions

/people

Block chops 931 staff and closes open positions

US fintech Block is laying off 931 staff and closing 748 open roles, as the mobile payments and POS company undergoes a major reorganisation.

/crypto

Block joins Wall Street Blockchain Alliance

The Wall Street Blockchain Alliance (WSBA), a leading nonprofit trade association dedicated to promoting the adoption of blockchain technology and cryptoassets in global markets, is pleased to welcome Block, Inc. as its newest corporate member.

Cash App integrates with Afterpay for BNPL at the checkout

/payments

Cash App integrates with Afterpay for BNPL at the checkout

Cash App has joined with Afterpay to offer buy now, pay later services at online merchants.

/regulation

Square Financial Services gets FDIC approval for consumer loan product

Today, Block, Inc. (NYSE: XYZ) announced its industrial bank, Square Financial Services, Inc. (SFS), has received approval from the Federal Deposit Insurance Corporation (FDIC) to begin offering the consumer loan product Cash App Borrow.

/payments

Square selects Peach to power credit card programme

Peach Finance, the leading modern loan management and servicing technology platform, today announced it is powering Square’s credit card offering.

Block hit with $255m in penalties over Cash App failings

/regulation

Block hit with $255m in penalties over Cash App failings

Block has been ordered to pay a combined $255 million by state regulators and the CFPB over AML and fraud failures connected to the Cash App.

Temenos tormentor Hindenburg Research shuts up shop

/wholesale

Temenos tormentor Hindenburg Research shuts up shop

Hindenburg Research, the US-based short seller that had targeted several business entities including Temenos and Block, is going to be disbanded.

/payments

Square taps Salt Edge for open banking payments

Square, the technology company that makes commerce and financial services easy and accessible, has partnered with Salt Edge, a leading open banking platform, to help streamline and simplify payment operations for sellers in the UK.

IT consultant found guilty of murder of Cash App founder Bob Lee

/people

IT consultant found guilty of murder of Cash App founder Bob Lee

A tech enrepreneur has been found guilty of second-degree murder in the fatal stabbing of Cash App founder Bob Lee.

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