Full-Time
Confirmed live in the last 24 hours
Financial services and payment processing solutions
No salary listed
Junior, Mid
Melbourne VIC, Australia
Canada Citizenship Required
Block Inc. focuses on providing a variety of financial services through its main products. The flagship product, Square, offers tools for point-of-sale systems and payment processing, specifically designed for small businesses to manage transactions efficiently. The Cash App allows users to send money to each other, invest in stocks, and buy Bitcoin, all while providing a customizable debit card for easy access to funds. Block is also venturing into the music streaming industry with TIDAL and is working on enhancing Bitcoin's utility and security through projects like Spiral and a dedicated hardware wallet. What sets Block apart from its competitors is its wide range of integrated services that cater to both personal and business financial needs. The company's goal is to create a comprehensive ecosystem that simplifies financial transactions and empowers users in managing their money.
Company Size
10,001+
Company Stage
IPO
Headquarters
Oakland, California
Founded
2009
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Remote Work Options
Health Insurance
Flexible Work Hours
Family Planning Benefits
Block said Monday (May 19) that since the launch of its credit products, it has extended over $100 billion in credit while keeping its loss rates “low.”. The company uses a combination of near real-time data, technology and customer-first design, rather than traditional credit scores, Block said in a Monday press release. “More importantly, we’re proving that expanding access doesn’t mean increasing risk,” the release said. “Our loss rates are consistently low, and we’ve shown we can approve more customers than traditional credit bureaus at these rates. This shows that when you evaluate credit asks from people based on their real financial lives — not just their credit scores — you can responsibly serve millions who were previously excluded.”
On Tuesday (May 13), we may see what could arguably be the calm before a stormy sea of inflation driven by volatile tariffs. The Consumer Price Index inflation reading from the Bureau of Labor Statistics is estimated by economists and a broad range of financial media sites to come in at 0.2% and translate to [] The post Tame April Inflation Report May Be Calm Before the Tariff Price Hike Storm appeared first on PYMNTS.com.
The pay later economy got a big boost late in the day Tuesday (May 6) when the Consumer Financial Protection Bureau (CFPB) announced in a terse, one-paragraph press release that it will rescind the bureau’s earlier proposal to treat buy now, pay later (BNPL) companies like credit card companies and treat BNPL funding as a credit arrangement. The statement (in its entirety) follows: “The Consumer Financial Protection Bureau is announcing today that it will not prioritize enforcement actions taken on the basis of the Truth in Lending (Regulation Z); Use of Digital User Accounts to Access Buy Now, Pay Later Loans, 89 Fed. Reg. 47,068 (May 31, 2024) (“Buy Now, Pay Later”). The Bureau will instead keep its enforcement and supervision resources focused on pressing threats to consumers, particularly servicemen and veterans. The Bureau takes this step in the interest of focusing resources on supporting hard-working American taxpayers, servicemen, veterans, and small businesses
Earnings season rolls on. For the CE 100 Index — which saw uniform gains across all pillars — quarterly reports and management commentary on earnings calls drove stock performance this past week. The overall tone of the calls touched on uncertainty, and on shifts in consumer behavior, though the payments networks pointed to continued resilience. [] The post CE 100 Index Shrugs Off Concerns Over Consumer Spending, Surges 3.2% appeared first on PYMNTS.com.
Fast food chain Wendy’s is expecting customers to feel financial pressure for the remainder of the year. To that end, the website Nation’s Restaurant News reported Friday (May 2), the company is leaning into value offerings to attract diners after releasing earnings showing a 2.1% decline in same-store sales. “We like the second half of the year for the activity that we have,” CEO Kirk Tanner said on an earnings call