Square Updates Banking Offering to Bolster Business Cash Management

Square has debuted banking tools designed to help sellers gain instant access to their funds.The expansion of the platform’s banking service lets business owners sign up for a Square payments account and a free Square Checking account through one application from Square’s website and point-of-sale app, according to a Wednesday (April 30) news release.In addition, Square has updated its savings account to include new personalized savings recommendations, using cash flow data and industry insights, to make it ...