The Federal Trade Commission is investigating whether Block Inc., the parent of Square and Cash App, violated US consumer protection laws. The investigation concerns consumer complaints about frozen accounts on the two services.
Square upgrades its credit card with rewards designed for small businesses. It also adds a way for sellers to pay vendors, expanding its banking products.
Square and Google deepen their collaboration by linking Square’s food-ordering tools with Google’s discovery and ordering surfaces for restaurants. The connection extends the companies’ work together on restaurant food ordering, linking Square’s ordering tools with places on Google where restaurants are discovered and orders are placed.
Square reports growing adoption of its restaurant platform as operators move point-of-sale systems and payments to the company. The platform is used for handwritten-free ordering and reporting.