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The Bancorp (TBBK) amended its master services agreement with Block (XYZ) to add a card issuing agreement for debit and prepaid card for Cash App customers, the bank said on Monday.
In the latest example, Block is set to join the S&P 500 this month. The Friday announcementtriggered a 10% rally in after-hours trading, sending shares to the $79 level.
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A federal appeals court upheld a ruling that struck down a background check requirement implemented by California on buyers of ammunition for firearms.
Heavier anti-money laundering penalties could help Singapore maintain high standards as wealth hub Action against those at the heart of 2023’s billion-dollar bust may have long been concluded, but the ...
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The name change was primarily to distinguish Block from its brand-name components, like Square and Cash App. More recently, in January 2025, Block changed its stock ticker from SQ to XYZ.