Rumours about Square’s banking intentions have been flying in the past few months. Now, it seems the payments company is on the verge of applying for a banking licence. According to TechCrunch, Square is set to submit an application tomorrow to become an industrial loan company. Square’s application comes at

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by Alex Hamilton
Alex is Senior Reporter at IBS Intelligence, follow him on Twitter or contact him at: alexanderh@ibsintelligence.com
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