PYMNTS
AUGUST 25, 2017
Credit card giant American Express (AmEx) has announced it is selling its Serve platform to InComm, in a deal that gives the latter firm exclusive rights to distribute Amex’s prepaid and reloadable card products in the United States. InComm is a tech firm which activates credit cards at the point of sale.
PYMNTS
MARCH 9, 2020
Intuit , the tax software company best known as being the enterprise behind QuickBooks and TurboTax , is looking into acquiring FinTech Finicity , according to reports. It was launched in 2010 and has been profitable since 2017, according to the company. Intuit recently bought Credit Karma for $7 billion.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
CB Insights
FEBRUARY 13, 2020
As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Virtual card issuance. Business lending and corporate cards. Fraud prevention tools. Supporting merchant partner growth. Growing the internet economy.
Fintech Labs Insights
AUGUST 12, 2014
Suddenly in 2010, the fintech number grew dramatically, average of more than 7 per year. Table: YC Fintech Companies by Year Class Total Companies # Fintech Companies % Fintech 2014 (half year) 56 5 9% 2013 83 9 9% 2012 117 8 7% 2011 89 7 8% 2010 61 6 10% 2009 39 1 3% 2008 43 1 2% 2007 32 2 6% 2006 17 0 0% 2005 8 1 13% Total 545 40 7.4%
PYMNTS
FEBRUARY 24, 2020
Benjamin Franklin wrote in 1789 that the only certainty in life was death and taxes. The below chart shows the results of that study for the period from 2010 through 2018 — the most recent year for which that data is available. Maybe even spendable. The 24-Hour Clock. and end at 11:59 p.m., 24 hours later. In fact, the U.S.
Fintech Labs Insights
NOVEMBER 23, 2020
Like a retirement plan or HSA, employees agree to have a small percentage of their pay withheld ( though a key difference is the savings account if funded after-tax ). To use the money, the startup provides virtual debit card numbers in its wallet for in-person, phone, or online purchases. They are currently raising a seed round.
PYMNTS
OCTOBER 14, 2016
A local bitcoin radio ad campaign is attempting to win support for local bitcoin owners to allow them to pay a lower percentage fee to credit card companies from their sales. CoinDesk reported that Japan is planning to exempt bitcoin and other virtual currencies from a national sales tax, which is around 8 percent.
Expert insights. Personalized for you.
100 
Let's personalize your content