Bank Automation

MAY 3, 2024

Block’s Cash App profit and number of users grew in the first quarter as the payments provider integrated buy now, pay later provider Afterpay. Block, formerly Square, acquired Afterpay in August 2021 for $29 billion but it has had issues integrating the solution with its Cash App Card debit card, Chief Executive Jack Dorsey said […]

CashApp 78

CashApp Blocks Debit Card Acquirers 78

Finextra

AUGUST 26, 2024

AIB is the latest bank to introduced a voluntary block feature on debit and credit card transactions linked to gambling.

Blocks 72

Blocks Credit Cards Transactions 72

Payments Dive

MAY 7, 2024

The test offering provides buy now, pay later financing to a limited number of users of Block’s Cash App debit card for “a small fee.”

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Blocks Debit Card Finance 78

Payments Dive

SEPTEMBER 7, 2023

Square’s refocused sales team is a “key investment area for us in the future,” Block executive Amrita Ahuja said Wednesday.

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Blocks 109

Fintech News

APRIL 22, 2024

Thailand’s Securities and Exchange Commission (SEC), in conjunction with the Ministry of Digital Economy and Society and other relevant agencies, has initiated measures to block unauthorised access to digital asset service providers’ platforms.

Blocks 102

Blocks Law Enforcement Money Laundering Crime 102

Payments Dive

NOVEMBER 3, 2023

The company plans to cut about 8% of its workforce over the next year as Jack Dorsey steps up his efforts to improve efficiency and revive profits.

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Blocks 213

Payments Dive

AUGUST 25, 2022

A class action lawsuit has been filed against Cash App Investing and parent company Block over a December 2021 data breach.

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Blocks Data Breach Breach 113

Payments Dive

FEBRUARY 24, 2023

Pledging to be more efficient with a revamp of the company’s leadership structure, Block has combined the CFO and COO roles under Amrita Ahuja.

Blocks 88

Blocks 88

PCI Security Standards

JUNE 8, 2023

Welcome Block, Inc., In this special spotlight edition of our PCI Perspectives Blog, Chanda Mafuka, Block Security Governance, introduces us to his company and how they are helping to shape the future of payment security. a new Principal Participating Organization (PPO) at the PCI Security Standards Council!

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Blocks Participant Payment Security Government 92

Payments Dive

AUGUST 9, 2023

Fintech Marqeta extended its contract to provide services for Block’s Cash App card through 2027, although at a lower price.

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Blocks FinTech 78

Payments Dive

MAY 5, 2023

Square parent Block is increasing compliance spending on personnel and software this year.

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Blocks Compliance 109

Payments Dive

JUNE 7, 2022

A shareholder is pushing Square parent Block to give up super voting shares. The proposal will be voted on at Block’s annual meeting next week.

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Blocks 117

Fintech News

OCTOBER 14, 2024

The Singapore government has blocked NTUC Enterprise ’s proposed sale of Income Insurance shares to Allianz, citing concerns over the structure of the deal. Featured image credit: Edited from Pexels The post Singapore Blocks Allianz’s Bid for Income Insurance Over Public Interest Concerns appeared first on Fintech Singapore.

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Blocks Government Governance Authorization 90

Payments Dive

MAY 18, 2022

“We are no longer just a payments company,” Block CEO Jack Dorsey said at the company’s investor day Wednesday.

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Blocks Bitcoin Payments 97

Payments Dive

MARCH 29, 2023

Following a controversial short seller’s report, analysts advised digital payments company Block to share more information related to active user numbers and know-your-customer practices.

Blocks 97

Blocks Digital Payments Payments 97

Finextra

JANUARY 31, 2024

Block is laying off around 1000 employees, many of them at the Square and Cash App units, according to press reports.

Blocks 72

Blocks FinTech 72

Payments Dive

MAY 6, 2022

San Francisco-based Block is focused on expanding buy now-pay later provider Afterpay’s customer base and managing its loss rate, Block executives said during Thursday’s first-quarter earnings call.

Blocks 78

Blocks 78

Payments Dive

NOVEMBER 10, 2022

While the company said this week that it won new business from a fintech backed by Walmart, it also faced questions over contract renewals for its biggest customer, Block.

Blocks 88

Blocks FinTech 88

Fintech News

SEPTEMBER 2, 2024

Featured image credit: Edited from Freepik The post Singapore Police May Gain Power to Block Scam Transfers Without Victim Consent appeared first on Fintech Singapore. The Ministry is inviting the public to submit their feedback on the proposed bill by 30 September 2024.

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Scams Blocks Risk Transactions 103

Payments Dive

JUNE 3, 2022

Block wants to attract more business clientele as fintech firms experience economic volatility. Offering tap-to-pay on the iPhone advances that goal.

Blocks 103

Blocks FinTech 103

Payments Dive

MARCH 7, 2024

“Apple is trying to cynically kill off developers that stand up to them,” Epic Director of Public Policy Leo Rees said Wednesday.

Blocks 167

Blocks 167

Finextra

JUNE 12, 2024

Robinson comes to Akoya from Block Inc. Courtney Robinson joins Akoya as the new Head of Policy and Communications. where she served as the Head of Global Regulatory Affairs.

Blocks 52

Blocks 52

The Paypers

SEPTEMBER 18, 2024

Circle , a financial technology company and issuer of USDC and EURC has announced a partnership with Sony Block Solutions Labs.

Blocks 36

Blocks Issuers Technology 36

Payments Dive

MARCH 30, 2023

The Jack Dorsey-led digital payments company pushed back by underscoring fraud mitigation tactics and account metrics for its Cash App business.

Blocks 169

Blocks Mitigation Digital Payments Accounts 169

The Paypers

JULY 26, 2024

HSBC 's Australian branch has notified customers that it will block payments to cryptocurrency exchanges citing scam concerns.

Blocks 36

Blocks Scams Cryptocurrency Payments 36

Finextra

MARCH 8, 2024

Sam Altman’s cryptocurrency outfit Worldcoin has been told by Spain to stop collecting and using people's personal data.

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Blocks Cryptocurrency 124

Payments Dive

MARCH 8, 2024

“We are moving forward as planned to launch the Epic Games Store and bring Fortnite back to iOS in Europe,” Epic said following the change.

Blocks 97

Blocks 97

Payments Dive

FEBRUARY 23, 2024

The bureau has informed the digital payment company it’s weighing legal action related to a Cash App probe.

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Legal Blocks CFPB Digital Payments 183

Finextra

DECEMBER 7, 2023

Bitkey, the self-custody bitcoin wallet built by Block, Inc. NYSE: SQ), launched today in more than 95 countries across six continents, widening access to self-custody and empowering people around the world to truly own and manage their bitcoin easily and safely.

Blocks 40

Blocks Bitcoin 40

Fintech Review

SEPTEMBER 5, 2024

Today, the company announced major enhancements to its platform that bridge the gap between Web2 and Web3, enabling real-time risk assessment and the proactive blocking of scams like pig butchering, ransomware, sextortion, and others. AI allows organizations to preemptively block threats that would otherwise go unnoticed until it’s too late.

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Scams Blocks AI Fraud Prevention 52

The Paypers

AUGUST 8, 2023

Digital payments company Block has planned to shutter the P2P business Cash App’s Verse brand in the EU and BNPL platform Clearpay in Spain, France, and Italy.

Blocks 36

Blocks BNPL P2P Digital Payments 36

The Paypers

DECEMBER 8, 2023

US-based digital payments company Block has launched the Bitkey self-custody bitcoin wallet to improve access to self-custody in multiple countries.

Blocks 36

Blocks Bitcoin Digital Payments Payments 36

Payments Source

JANUARY 3, 2020

JPMorgan Chase plans to block fintechs from screen scraping — obtaining usernames and passwords of customers, logging in as them, and copying and pasting their account information into a database.

Blocks 82

Blocks FinTech Database Accounts 82

The Paypers

FEBRUARY 2, 2022

Block has completed its USD 29 billion acquisition of Buy Now, Pay Later company Afterpay , according to AltFi.

Blocks 69

Blocks 69

The Nilson Report

JANUARY 31, 2024

The post Forter Announces Next Generation Approach to Blocking Policy Abuse appeared first on Nilson Report.

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Blocks Posting 40

PYMNTS

JANUARY 6, 2021

People who filed their 2019 taxes with H&R Block or TurboTax told CNBC that they have not seen a deposit as expected. Some H&R Block and TurboTax users did not get the new stimulus payment because it was directed by the IRS to an unfamiliar bank account, sources told CNBC.

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Blocks Checks IRS Direct Deposit 71

Payments Dive

AUGUST 4, 2023

The company is pulling the plug on Cash App’s Verse brand in the European Union and buy now, pay later operations in Spain, France and Italy.

Blocks 78

Blocks 78