Square

Square's new debit card poses big threat to banks

01/17/19

Square's new card for business owners does something very bold with debit — and very troubling for banks.

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Crypto futures planned; first arrests in Danske Bank scandal

12/20/18

The NYSE contract will pay out in cryptocurrency; 10 Estonians who worked at the Danish bank were detained, and prosecutors promise more arrests.

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Square to make another bid for bank charter

12/19/18

The payments processor was among numerous firms earlier this year to withdraw an ILC charter application over questions about its plan.

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A shakeout is coming in small-business lending

11/27/18

As the economy softens, traditional banks have an opportunity to win back market share from fintech competitors.

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JPMorgan invites white-hat hackers to security team

10/18/18

Crowdsourced cybersecurity is making inroads into the world of big banks, even though there is a risk bad actors will exploit the opportunity.

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JPM, Citi beat estimates; Wells Fargo targets D.C.

10/12/18

JPMorgan and Citibank post better-than-expected results; Adding workers and promoting its charitable efforts, the bank hopes to win favor.

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Square CFO heads out; OCC considering Citi sanctions

10/11/18

The company’s stock plunges after Sarah Friar’s departure announced; the bank said it unintentionally withheld mortgage discounts from minority borrowers.

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Square gets into lending business; Costs of money laundering

10/05/18

The company is offering short-term installment loans to its clients’ customers; even institutions not accused of wrongdoing may pay a price.

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Square rolls out lending for customer purchases

10/04/18

Square Inc. is offering loans to customers to pay for goods and services from merchants that use its payments platform, another move by the company to push deeper into financial services.

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Floodgates open? De novo applications surge at FDIC

10/03/18

Applications this year are more than double the 2017 mark and the most since 2009. But with some fintechs withdrawing their bids, observers are urging caution.

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