Square has launched its own bank in an effort to 'operate more nimbly'
CNBC's Kate Rooney reports that Square has launched its own in-house bank and how it compares to other digital banking efforts.
UP NEXT
NOW PLAYING: Politics
Square has launched its own bank in an effort to 'operate more nimbly'
CNBC
UP NEXT
-
Austria 'happy' with Biden administration stance on digital tax, hopes to see a global deal soon
CNBC
-
Austria's finance minister is convinced EU recovery funds will not be delayed
-
Daimler CEO: 'I'm optimistic' company will restore margins
-
Overwhelming earnings required for markets to push another leg higher, strategist says
-
Biden, Suga meeting will establish parameters and future direction of U.S.-Japan relationship
-
CEO of major Asian bank shares the difficulty in detecting 'greenwashing' among clients
-
Singapore's largest bank aims for zero thermal coal exposure by 2039
-
Why Coinbase's Nasdaq debut is an important moment for cryptocurrencies
-
Delta Air Lines is the highest quality legacy carrier: Morningstar
-
TSMC faces 'margin pressure' that will limit its earnings per share growth: Analyst
-
The global chip crunch is expected to continue into 2022: Bain & Co
-
Japan's move to dump radioactive water from Fukushima has no environmental impact: Expert
-
Valuations in international markets are cheaper than U.S.: Wealth advisor
-
All the trends right now are supportive of a strong recovery in China in 2021: China Beige Book
-
Strong China data won't lead to a policy response: CIO
-
"Growing list" of concerns for U.S. businesses in Hong Kong: AmCham HK
![image beacon](https://web.vortex.data.msn.com/collect/v1/t.gif?name=%27Ms.Webi.PageView%27&ver=%272.1%27&appId=%27JS%3AMSN%27&ext-app-env=%27prod%27&ext-javascript-libver=%274.0.0-beta-10%27&ext-user-localId=%27t%3A28CA881E5DA565DD135B98055CF764FA%27&*baseType=%27Ms.Content.PageView%27&*isJs=False&*title=%27%27&*isLoggedIn=False&*isManual=True&*serverImpressionGuid=%27e2c8fe67-04b6-456e-88da-d747023bc7f5%27&-ver=%271.0%27&-impressionGuid=%27e2c8fe67-04b6-456e-88da-d747023bc7f5%27&-pageName=%27channelplayerpage%27&-uri=%27http%253A%252F%252Fwww.msn.com%252Fen-us%252Fnews%252Fpolitics%252Fsquare-has-launched-its-own-bank-in-an-effort-to-operate-more-nimbly%252Fvp-BB1ea5q0%27&-referrerUri=%27%27&-pageTags=%27{"pg.t"%3A"video"%2C"pg.p"%3A"prime"%2C"pg.c"%3A""%2C"ex"%3A""%2C"rid"%3A"e2c8fe6704b6456e88dad747023bc7f5"%2C"clid"%3A"28CA881E5DA565DD135B98055CF764FA"%2C"clidType"%3A"muid"%2C"di"%3A"17930"%2C"partner"%3A"CNBC"%2C"publcat"%3A"CNBC%2BLLC"%2C"cvs"%3A"Browser"%2C"subcvs"%3A"news"%2C"entityId"%3A"BB1ea5q0"%2C"entitySrc"%3A"vp"%2C"provid"%3A"AAnPvW"%2C"dpt"%3A"newspolitics"%2C"sdpt"%3A""%2C"ar"%3A"0"%2C"dgk"%3A"downlevel.pc"%2C"imd"%3A"0"%2C"parentId"%3A""%2C"pgIdx"%3A""%2C"pgTot"%3A""%2C"anoncknm"%3A""%2C"afd"%3A""%2C"issso"%3A"0"%2C"aadState"%3A"0"}%27&-behavior=0&-market=%27en-us%27){kind=small}