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Jack Dorsey’s Block to lay off 4000 employees as the AI era arrives

February 27th 2026

Jack Dorsey is taking the axe to Block, outlining plans to lay off more than 40% of the fintech’s workforce after concluding that AI has “changed what it means to build and run a company”.

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As UAE central bank trials palm payments, Amazon ditches the tech

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Checkout.com acquires euro stablecoin issuer Blue EMI

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Ex-Revolut staffers raise $6m for self-custodial money app

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Mastercard launches BIN sponsorship programme for UK fintechs

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ICE launches Reddit signals and sentiment tool for investors

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EPC issues RFI for fraud information sharing platform

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Movitz to bring global verification of payee to EU banks with JPMorgan Kinexys

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EPC launches RFI for fraud information sharing platform

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Mastercard showcases agentic payments in Australia with CBA and Westpac onboard

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Who needs $6 million in cash? asks Thai central bank governor

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eBay to ban independent AI agents

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JP Morgan Payments names Zachary Anderson chief data and analytics officer

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N26 launches kids’ debit card

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Fiserv and Affirm bring BNPL to debit programmes

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Guavapay enters compulsory liquidation

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Revolut launches full banking operations in Mexico

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Lunar raises €46m to accelerate Nordic growth

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Mastercard to launch intelligent agent suite

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FCA launches review into implications of advanced AI

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Revolut Business moves into revenue operations with recurring billing tool

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