Cash App

Cash App is a mobile payment service developed by Square, Inc. that allows users to transfer money to one another using a mobile phone app. The service is available in the US and the UK. As of March 21, 2021, the service recorded 36 million active users.

Source: cash.app

Report: Block Faces DOJ Probe Over Alleged Compliance Lapses
Report: Block Faces DOJ Probe Over Alleged Compliance Lapses
May 01, 2024  |  Regulation

Block, owner of Cash App and Square, is reportedly facing a Department of Justice investigation. Federal prosecutors are in discussions with an ex-employee about allegations of widespread compliance failures at Cash App and Square...

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Square and Cash App Collaborate on Bitcoin Conversions for Sellers
Square and Cash App Collaborate on Bitcoin Conversions for Sellers
April 24, 2024  |  Cryptocurrency

Block ecosystems Square and Cash App have begun rolling out a feature that will allow eligible Square sellers to automatically convert a portion of their daily sales to bitcoin with...

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Will Virtual Card Numbers Spark a Rush to Spend Apple Cash?
Will Virtual Card Numbers Spark a Rush to Spend Apple Cash?
April 10, 2024  |  Apple

For Apple — and as been seen already with Block (formerly Square) — the drive is to get consumers to spend the cash, rather than...

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More Consumers Would Pay With Venmo If They Understood It
More Consumers Would Pay With Venmo If They Understood It
April 10, 2024  |  Payment Methods

For account-to-account (A2A) payment providers, PYMNTS Intelligence research finds, education continues to present a huge barrier to adoption. By the Numbers A2A payments, which bypass...

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PayPal Names Cash App, Afterpay Veteran Geoff Seeley Marketing Head
PayPal Names Cash App, Afterpay Veteran Geoff Seeley Marketing Head
February 26, 2024  |  Personnel

PayPal has named former Cash App and Afterpay marketing leader Geoff Seeley as its new chief marketing officer. Seeley will lead the global marketing team...

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CE 100 Index Loses 0.4% Despite Block and Nvidia’s Post-Earnings Rallies
CE 100 Index Loses 0.4% Despite Block and Nvidia’s Post-Earnings Rallies
February 26, 2024  |  Connected Economy

Significant stock rallies in the wake of earnings from companies including Block (Square’s parent company) and Nvidia were not enough to boost the CE 100...

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Block Sees 20% Jump in Cash App Card Monthly Active Users in December 
Block Sees 20% Jump in Cash App Card Monthly Active Users in December 
February 22, 2024  |  Earnings

Block’s latest earnings show more users opting to use Cash App Cards, an on-ramp to other financial services and products. As noted in the company’s shareholder...

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Consumers Choose Pay-by-Bank Payments for Lower Fees
Consumers Choose Pay-by-Bank Payments for Lower Fees
February 21, 2024  |  Payment Methods

Account-to-account (A2A) payments, also known as pay-by-bank, are gaining popularity among consumers. In the United States, 36% of consumers use this payment method, according to...

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Whistleblowers Allege Inadequate Customer Due Diligence by Cash App
Whistleblowers Allege Inadequate Customer Due Diligence by Cash App
February 16, 2024  |  Security & Fraud

Federal financial regulators are reportedly investigating allegations made by two whistleblowers regarding Cash App. The whistleblowers claim that the mobile payment platform and the entities...

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