Block is the latest business to announce layoffs, with the operator of payment platforms Square and Cash App opting to cut jobs in favor of using more AI tools. The financial tech company, helmed by Twitter founder Jack Dorsey,

Block announced it’s selling its Cash App Score to third-party lenders. It could be one of the more interesting data-as-a-service businesses in fintech right now.

Block (NYSE:XYZ) is offering Afterpay buy now, pay later financing to eligible Cash App customers starting this week when they shop at partner merchant sites, the company said on Monday. With the change, Cash App and Afterpay, both part of Block (NYSE:XYZ ...

Block Inc. reached an agreement with the Consumer Financial Protection Bureau early Thursday under which it will pay up to $175 million in restitution for what the CFPB claims were sloppy and misleading fraud-prevention practices used by Block’s Cash App.

Block shares were on track for their second-worst day, plunging more than 20% after a brutal quarterly report and a wave of analyst downgrades. Analysts flagged fresh concerns around stagnant Cash App user growth, muted consumer demand and a soft macro ...

Block’s (NYSE:XYZ) newest lending feature inside Cash App, the ability to convert recent Cash App Card purchases into installment plans, has scaled quickly since launching in February and could become a meaningful earnings tailwind over the next two ...

Cash App was a big growth driver last year for Block Inc. and is expected to remain so as 2025 unfolds, the company said during a conference call late Thursday to discuss Block’s fourth-quarter results. Block is the parent company of the Square and Cash ...

Block, Inc. (XYZ) shares are trading higher on Thursday. Yesterday, the company provided guidance at its Investor Day event. • XYZ is gathering positive momentum. Check the market position here. The company also announced a $5 billion increase to its ...

Block, Inc. XYZ stock surged Friday after the fintech giant paired a blowout fourth quarter with a sweeping workforce reduction, prompting a wave of bullish analyst reactions. Deep staff cuts and accelerating Cash App momentum are set to turbocharge margins and reshape the company's earnings power — and Wall Street is taking notice.