TechCrunch, 1/1/0001 12:00 AM PST
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CryptoCoins News, 1/1/0001 12:00 AM PST […] The post Litecoin is Entering a Timeframe to Watch appeared first on CryptoCoinsNews. |
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Business Insider, 1/1/0001 12:00 AM PST
American Express will partner with Intuit in order to provide customers of invoicing platform QuickBooks with access to working capital loans as part of its Working Capital Terms program. Financing, which is open to Amex OPEN business cardholders that also use QuickBooks, will be targeted to help merchants with accounts payable bills. The product will consolidate payment and accounting transactions, so that merchants can request funds to pay vendors within QuickBooks, receive those funds, and complete the transaction without leaving the application, therefore adding convenience. The 30- to 90-day loans range from $1,000 to $750,000 and carry a fee of 0.5-1.5%, according to the firms. The new program could quickly attract favor from eligible QuickBooks merchants. Amex has already partnered with the firm in several areas.
Amex has been reaching into small businesses in a number of ways as part of a move to grow. Amex has been working to extend relationships with small businesses through its OptBlue program, which makes it easier for small merchants to use and accept Amex cards. Once the card network partners with a merchant, it can then extract revenue from it through additional services like Working Capital Terms, especially if it’s the most convenient option relative to competitors. Investing in small businesses and services that could help bolster those partners could help Amex recoup the losses it will feel following the sale of the Costco portfolio, which represented 8% of the firm’s $1 trillion in billed business and 20% of its outstanding loans in 2015. Evan Bakker and John Heggestuen, analysts at BI Intelligence, Business Insider's premium research service, have compiled a detailed report on the payments ecosystem that drills into the industry to explain how a broad range of transactions are processed, including prepaid and store cards, as well as revealing which types of companies are in the best and worst position to capitalize on the latest industry trends. Here are some key takeaways from the report:
In full, the report:
To get your copy of this invaluable guide, choose one of these options:
The choice is yours. But however you decide to acquire this report, you’ve given yourself a powerful advantage in your understanding of the payments ecosystem. |
CryptoCoins News, 1/1/0001 12:00 AM PST […] The post BitcoinTalk’s Theymos On Free And Open Discussions appeared first on CryptoCoinsNews. |
CryptoCoins News, 1/1/0001 12:00 AM PST The attack was on its registrar and not Blockchain.info, according to the bitcoin wallet company's CEO. The post Blockchain.info CEO: “Attackers Gained Access to our Accounts” appeared first on CryptoCoinsNews. |
CryptoCoins News, 1/1/0001 12:00 AM PST […] The post Bitcoin IRA Launches New IRA Calculator Tool for Investors appeared first on CryptoCoinsNews. |