Square

Square is creating a new business line to help developers build financial services products focused on Bitcoin, according to tweets from CEO Jack Dorsey.

Gripes against peer-to-peer payments services spiked during the past year as U.S. consumers flocked to Venmo, Cash App, Zelle and the like to transfer money.

Southern Bancorp's CEO said money from Square would help his bank continue serving underserved communities.

Square Inc. Chief Executive Jack Dorsey said the digital payments company is considering building a Bitcoin hardware wallet, a device that holds the digital currency but isn’t connected to the internet.

The fintech, which is reportedly building a checking and savings account into its app, is using its banking charter to speed the development of new services as it races its rivals to deliver an all-in-one app.

Snippets API combines with other APIs to produce marketing and sales programs for merchants.

Cryptocurrency rally enabled the company's Cash App to generate the bulk of its revenue.

Cryptocurrency rally enabled the company's Cash App to generate the bulk of its revenue.

In-person branch use will continue, but retail banks should nonetheless double down on building intuitive, easy-to-use mobile experiences that drive customer satisfaction and brand loyalty.

The deal can potentially boost payments on both sides, but also open new avenues such as merchandising and related content, says Kunai's Tarun Bhasin.