Tagged: american express

American Express Launches Blockchain-Enabled Cross-Border Business-to-Business Payment Services Using Ripple Technology

On Thursday, American Express (NYSE: AXP) announced the introduction of blockchain-enabled, business-to-business cross-border payments. The American Express FX International Payments (FXIP) business is working with fintech startup Ripple to reduce the time and cost of the settlement while maintaining the level of security that American… Read More

American Express Announces New Finance Product For Small Businesses

American Express (AMEX) announced on Thursday the launch of a new addition to its suite of business financing products, which are designed to help businesses with access to working capital and short-term financing, Business Loans. According to the financial service giant, Business Loans now gives small businesses… Read More

American Express to Offer Short Term Loans in Just 60 Seconds

American Express (NYSE: AXP) has launched a new credit product entitled Working Capital Terms. The product is a short-term online financing solution for businesses to “ease cash flow constraints by bridging the gap between vendor payments and customer purchases.” Amex states the funding vehicle is… Read More

Report: Most Businesses are Small & Middle Market Firms Punch Above their Weight

Most businesses in the US are smaller firms. They provide the bulk of economic growth and job creation. In fact according to Dun & Bradstreet, of the 19 million firms in their US database, about 18 million generate less than $10 million in revenue.  Regarding… Read More

Saving Time and Money through Blockchain Tech: Chain Secures $30M Series B from Industry Behemoths Visa, Nasdaq, Citi Ventures

“We believe in the power of blockchain technology to transform how financial assets are transferred, but it has to be done with the right partners to insure it gets off the ground,”  Adam Ludwin, CEO of Chain said in an interview with the WSJ. It feels like everything… Read More

Stripe Lands New Funding & Signs Deal with Visa: Payment Platform Valued at $5B

Payments startup Stripe landed a new round of funding from investors including American Express, Visa and Sequoia Capital, valuing the San Francisco-based company at $5 billion. According to the announcement, Stripe signed an agreement with Visa to work on digital transactions such as website ‘buy… Read More

Seed&Spark Extends Distribution of Independent Films on iTunes

Seed&Spark, a crowdfunding platform made just for independent film, extends its foray into digital distribution, making films available to millions of iTunes customers around the world. Seed&Spark has selected a handful of films to pilot a new distribution program with iTunes. Going forward, films that… Read More

Film Platform Seed&Spark Partners with American Express

Independent film crowdfunding platform Seed&Spark has formed a partnership with American Express.  According to the site, American Express will select five films each month from the Seed&Spark library of films. These selected films will be distributed across the American Express channels including NOW – a… Read More

Crowdfunding Stakeholders Should Be Paying Close Attention To This Twitter Deal

Remember Amex Sync? Back in 2012, American Express launched the program as a joint effort with Twitter. It offered Twitter users discounts on products for tweeting certain hashtags. The possibility of Twitter entering the e-commerce game has been the subject of a lot of prognostication… Read More

On #SmallBizSaturday, Crowdfunding Emerging As Way Of Supporting Local Businesses

Black Friday has become an annual shopping phenomenon where consumers take to stores in droves seeking deals from the world’s largest retailers. Similarly, Cyber Monday was launched as an answer to Black Friday to encourage shoppers to buy Christmas gifts online. In light of this,… Read More

#Crowdfunding News Roundup: November 26, 2013

Wall Street Journal | Danae Ringelmann: Crowdfunding Unleashes A Different Segment of the Economy Indiegogo co-founder and Chief Customer Officer Danae Ringelmann takes to the Wall Street Journal to discuss equity crowdfunding. In her words, “my hopeful prediction is that equity crowdfunding will make investing… Read More