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Block cuts employees

Payments Dive

Jack Dorsey-led Block is the latest payments company to make staff cuts and pull back on hiring as it pursues profitable growth.

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Block becomes the latest fintech to lay off workers

TechCrunch Fintech

Block, the fintech company whose subsidiaries include Square, Cash App and Afterpay, is laying off staff at a tumultuous time for tech industry workers.

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Thailand Set to Block Access to Unauthorised Crypto Platforms

Fintech News

Thailand’s Securities and Exchange Commission (SEC), in conjunction with the Ministry of Digital Economy and Society and other relevant agencies, has initiated measures to block unauthorised access to digital asset service providers’ platforms.

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Block integrates Afterpay with Cash App card

Payments Dive

The test offering provides buy now, pay later financing to a limited number of users of Block’s Cash App debit card for “a small fee.”

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Block shares CashApp, Afterpay integration update

Bank Automation

Block’s Cash App profit and number of users grew in the first quarter as the payments provider integrated buy now, pay later provider Afterpay. Block, formerly Square, acquired Afterpay in August 2021 for $29 billion but it has had issues integrating the solution with its Cash App Card debit card, Chief Executive Jack Dorsey said […]

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Block CFO details Square’s revamped sales approach

Payments Dive

Square’s refocused sales team is a “key investment area for us in the future,” Block executive Amrita Ahuja said Wednesday.

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Block to shrink workforce

Payments Dive

The company plans to cut about 8% of its workforce over the next year as Jack Dorsey steps up his efforts to improve efficiency and revive profits.

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