Square

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

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

While the fintechs that offer merchant loans usually argue they’re lending to the ultra-small businesses that banks don't serve, competitive forces will bring the technology companies deeper into banks’ domain.

Square CFO Sarah Friar, who helped lead the company's many forays into financial services, is leaving Square to become CEO of Nextdoor, a social network for local neighborhoods.

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

The technology arms race among payment fintechs is converging on the market for credit and loans, with Square rolling out an installment payment option for consumers that complements its merchant capital option for sellers.

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.

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.

Stripe’s software development kit, application programming interfaces and other recently added features for merchants place it in almost all parts of the payment value chain beyond its e-commerce forte.

A week after revealing its Stripe Terminal as a way to enter the physical retail space, the online payments provider plans to add financial support through cash advances to the services it provides merchant clients.