Square says Square Financial Services, its industrial bank, has started operations after getting FDIC approval last year (Mary Ann Azevedo/TechCrunch)

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Mary Ann Azevedo / TechCrunch:
Square says Square Financial Services, its industrial bank, has started operations after getting FDIC approval last year  —  Known for its innovations in the payments sector, Square is now officially a bank.  —  Nearly one year after receiving conditional approval, Square said Monday afternoon …

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