“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...
Uber’s aspiration to cut itself a bigger share of the Chinese ride-hailing market seems to be slipping away from its reach with its Chinese arch rival, Didi Kuaidi, planning to raise another $1 billion for further expansion. Get the Full Story Complete the form to unlock...
The world of B2B payments management may not get all the breathless and elegiac press that there counter parts at financial services technology get. But while praise is pleasant of course, and correlated to investor interest, at the end of the day for emerging start-ups...
Could IPO now stand for “It’s Positively Over?” 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, you...
The U.K.’s top payments startup, Powa Technologies, is failing to pay its own employees and suppliers after running out of investment money and failing to raise fresh funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
