Venture-funded identity firm Jumio has officially filed for bankruptcy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...
Cumulus Funding, a consumer finance company specializing in providing Income Share Agreements (“ISAs”) to individuals seeking a more flexible consumer finance alternative, has announced a major funding round today (March 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
A year or so ago, it seemed the Uber of everything was entering the marketplace and capturing VC dollars. The conventional wisdom is that with a smartphone, anything could be a click a way — no matter what one wanted that anything to do. Suddenly...
Intel is looking to sell off at least part of its venture capital unit in a deal that could be worth as much as $1 billion, reported Bloomberg, citing sources familiar with the company’s intentions. Get the Full Story Complete the form to unlock this article...
“Is the American Express business model fundamentally broken? I can tell you with complete confidence: That answer here is no.” So said company Chief Executive Officer Ken Chenault during the firm’s investor day on Thursday (March 10). Get the Full Story Complete the form to...
In the age of mobile, the speed at which things go from being such a cutting-edge idea that it borders on sounding magical when explained to the average person to being a sort of de facto part of the background noise is incredibly accelerated –...
It seems like every innovative, disruptive service changing the world today was immediately met with skepticism upon release. When Uber came out, taxis and regulators claimed that nobody would want to get into a random driver’s car. When Airbnb launched, hotels laughed at the premise...
Could Fidelity’s latest investment in Snapchat at a valuation of $16 billion actually indicate trouble for the social newcomer? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
There are few people in the world who feel negatively about healthy eating. Most adults understand that healthy eating is an important and noble goal — or at least a necessary evil if one wishes to be thin, free of Type 2 diabetes or able...
