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AIG CEO to Face Critics Who Seek Breakup

Another day and another large Financial Institution gets an activist hedge fund manager who wants to see the firm broken apart.

A representative from hedge-fund Paulson & Co. and a prominent Wall Street analyst—with different but dramatic plans for how insurance...…

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Why Card.com Just Raised $9 Million

Santa Monica based customized prepaid debit card maker Card.com has raised $9m of Series C financing from Columbia Pacific Advisors'...

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Apple, Banks in Talks on Mobile Person-Person Payment Service

Apple will not charge banks for using the service, unlike ApplePay which currently does levy a charge to banks.

Apple has been talking with a number of banks about the service, including J.P. Morgan Chase & Co., Capital One Financial Corp., Wells...…

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The Uberization of Money

One takeaway from Zach's good Sunday-read is that we are just beginning....

"Over the next decade, the familiar 20th-century modes of...

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Alternative credit bureau FactorTrust scores $42m

The Atlanta based, alternative credit bureau, FactorTrust has secured $42m in funding. ABS Capital Partners and MissionOG led the round.

FactorTrust, the alternative credit bureau, announced today that Michael Heller, an information and analytics industry leader, has joined...…

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Mobile invoicing app Invoice2go snags $15 mln Series C

Mobile invoicing app Invoice2go has secured $15m in Series C funding.Ribbit Capital led the round with participation from Accel Partners.

Invoice2go has also hit a new milestone, with customers invoicing more than $1 billion per month, positioning the company to make an...…

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What made Visa Europe worth $23B?

Cash. Cash. Cash.

Globalization and the significant % of the world that still transacts in cash are key drivers for what seems like a big...

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