Cash App Borrow has a “historic loss rate” of less than 3%, according to Block. Customer eligibility and borrowing limits are ...
Gold prices hit $3,000 as stocks rebound after tough week. Meanwhile in the Bay Area, a Block subsidiary gets FDIC approval ...
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Block Stock Soars 6% On FDIC Nod For SFS’ Consumer Loan Product Ignoring Citi’s Price Target Cut — Retail Remains NeutralShares of financial services company Block Inc (XYZ) soared over 6% on Friday after the Federal Deposit Insurance Corporation ...
Block is expanding its lending efforts, announcing this week that it received FDIC approval to issue loans through its banking subsidiary.
Block, Inc. (NYSE: XYZ) announced its industrial bank, Square Financial Services, Inc. (SFS), has received approval from the Federal Deposit Insurance Corporation (FDIC) to begin offering the consumer ...
Readers had questions about cash balance plans after a recent Journal story, and we have answers.
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