Square's bank accounts lay groundwork for a super app
REGISTER NOW The new holy grail of fintech is the so-called super app. But even a super app needs a few mild-mannered features, and for Square those will come in the form of a traditional checking and savings account. Square's plans for these new accounts were revealed in the code of an update to its iPad and iPhone apps, according to Bloomberg. By offering these accounts within the same app that merchants use for accepting payments, Square can provide a full banking relationship to any of the small and midsize business owners that already use its technology. Unlike most of its fintech rival...
Source: paymentssource.com