Block

Block’s Direct Lending Move Aims at Filling Consumer Credit Gaps
Block’s Direct Lending Move Aims at Filling Consumer Credit Gaps
March 18, 2025  |  Consumer Finance

The platforms that have banks embedded in their operations are taking more of their lending activities into a direct model, giving momentum to income streams...

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Cash App Embeds Afterpay Into App for BNPL
Cash App Embeds Afterpay Into App for BNPL
March 17, 2025  |  BNPL

Mobile payments provider Cash App says it has formed a pay later partnership with Afterpay. Get the Full Story Complete the form to unlock this article and enjoy...

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Square Financial Services to Service and Originate Cash App Borrow Loans
Square Financial Services to Service and Originate Cash App Borrow Loans
March 13, 2025  |  Consumer Finance

Block said Thursday (March 13) that its industrial bank, Square Financial Services (SFS), received approval from the Federal Deposit Insurance Corp. (FDIC) to offer the...

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Platforms Use Cards and Deposits to Become Alternatives to Traditional Banks
Platforms Use Cards and Deposits to Become Alternatives to Traditional Banks
February 24, 2025  |  Alternative Credit

FinTechs — especially platforms — are capitalizing on the continued buildout of digital solutions and products, including cards, to give consumers an alternative to traditional...

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CE 100 Index Slumps 4.3% as Fiverr and Block Plummet After Earnings Reports
CE 100 Index Slumps 4.3% as Fiverr and Block Plummet After Earnings Reports
February 24, 2025  |  Connected Economy

The CE100 Index’s slide far outpaced the drops seen this past holiday-shortened trading week across the broader markets.  Earnings weighed on stock trading, as all...

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Block Doubles Down on Banking Base as FinTech Competition Grows
Block Doubles Down on Banking Base as FinTech Competition Grows
February 20, 2025  |  Earnings

Jack Dorsey is no stranger to playing the long game. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Regulations Are On Hold. Does That Mean More FinTechs Will Look to Become Neobanks?
Regulations Are On Hold. Does That Mean More FinTechs Will Look to Become Neobanks?
February 18, 2025  |  Banking

The neobank model has, through the past several years, taken two paths as FinTechs bring accounts, cards and other digital-first financial offerings to customers. Get...

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CE 100 Index Gains 2.1% as AI Excitement Leads Infrastructure Companies Higher
CE 100 Index Gains 2.1% as AI Excitement Leads Infrastructure Companies Higher
January 27, 2025  |  Connected Economy

The debut of the new presidential administration, the prospect of AI-friendly regulations and related infrastructure investments — and a planned investment of up to $500...

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CFPB: Block Must Pay $175 Million for Cash App’s ‘Weak Security Protocols’
CFPB: Block Must Pay $175 Million for Cash App’s ‘Weak Security Protocols’
January 16, 2025  |  CFPB

The Consumer Financial Protection Bureau ordered Cash App owner Block to pay $175 million to address security failures. Get the Full Story Complete the form...

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