American Express Co, the world's largest credit card issuer, reported an 8.1 percent rise in quarterly profit due to higher spending by U.S. customers using its credit cards and a rise in its net interest income.
Breaking News
Moscow, Russia-based mobile payments startup 2can landed $5 million in a Series B funding round led by InVenture Partners to integrate its service with banks in the country.
San Francisco, California-based credit card wallet Coin is currently raising around $15 million in a Series A financing round, according to several sources knowledgeable on the situation.
Goldman Sachs, Nike and Visa shares were added to the Dow Jone Industrial Average replacing Bank of America, Hewlett-Packard Co. and Alcoa Inc.
Visa and MasterCard will ease EMV migration through tech licensing deal.
1 2
Subscribe to VCpost newsletter
Most Popular
- Former CEO Shoots Himself to Commit Suicide After Receiving $25 Million Record-Breaking Fine for Fraud at Steinhoff
- Xi Jinping Warns Dutch PM That 'No Force' Can Stop China's Technological Advancement Amid Export Restrictions
- Disney Investor Nelson Peltz Criticizes the Company’s 'Woke' Strategy, Questioning 'Black Panther' and 'The Marvels' Films
- Major AI Companies Unite to Create the World's First Artificial Superintelligence Alliance Worth $7.6 Billion
- Social Security Benefits to Increase for Some Seniors After Addressing Overpayment Issues
- Businessman Brutally Murdered Allegedly by 4 of His Workers Who Swung an Axe Into His Head
- North Korea Refuses Peace Talk With Japan Unless They Confront Their 'Brutal' History; Business Relations at Risk
- Hunter Biden Asks Court to Junk $1.4 Million Tax Evasion Case as Politically Motivated, But Judge Appears Skeptical