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“Private jet travel broker William Boos accused of stealing $4 million” A private jet travel broker is accused of stealing more than $4 million from his ritzy clients — including a Big Apple TV journalist and major international consulting firm. William Boos, 55, appeared in Manhattan Supreme Court on Wednesday and pleaded not guilty to…
” ECB exclusive: Crypto payments ‘not currently cost effective,’ Amex exec says “ Gonzalo Pérez del Arco, the director of government affairs in South Europe for card payment giant American Express, believes that making payments with crypto is not cost-effective at present. Pérez’s comments came during an exclusive chat with Cointelegraph editor Aaron Wood at European…
” Mastercard files 15 metaverse and NFT related trademarks “ Payments giant Mastercard has filed 15 nonfungible token (NFT) and metaverse trademark applications with the United States Patent and Trademark Office, or USPTO. Highlights of the filings include plans for a virtual community for interacting with digital assets, processing of payment cards in the metaverse,…
” Amex trademark filings suggest possible entry to the metaverse “ Major credit card company American Express has filed trademark applications for some of its logos and designs, hinting at expanding into the metaverse. According to applications submitted to the U.S. Patent and Trademark Office on Wednesday, American Express may be readying to provide “virtual…
” No credit for crypto — users react to Russia-issued credit card ban “ Cryptocurrency exchanges and financial services companies will soon likely no longer be able to accept transactions completed with many major credit cards following the companies ceasing operations for Russia-based users. On Saturday, Visa, Mastercard, and PayPal announced they would be suspending…
“# Bitcoin Network Transaction Volume Surpasses American Express: Research ” New research has found that the annual transaction volume on the Bitcoin network surpassed that of some well-known card networks, such as American Express (AmEx) and Discover, during 2021. The NYDIG Research Weekly’s Jan. 29 report stated that Bitcoin processed $3 trillion worth of payments…
“# Amex CEO hints at exploring ways to allow credit card holders to redeem points for crypto ” American Express credit card holders may one day be able to redeem points for cryptocurrencies, but the company has no immediate plans to issue a crypto-linked credit card. In a Tuesday interview with Yahoo! Finance, Amex chief…
“#Biden the latest in Wall Street’s presidential losing streak” Oops, they did it again. Wall Street has a notoriously horrible record in recent years of backing presidential candidates who sound good on paper but ultimately turn out to be duds. Add Joe Biden to the list. Not only are C-suite executives at the big investment…
“# Amex Ventures backs $55M Abra raise ” Cryptocurrency trading platform Abra has raised $55 million in funding to bootstrap the next phase of its growth strategy, bringing several high-profile investors on board from both inside and outside the blockchain industry. Abra will use funds from the Series C investment to grow its product offerings…
“#American Express tells its workers capitalism is racist” American Express, which made a $2.3 billion profit last quarter, invited the great-grandson of the Nation of Islam’s founder to tell its employees that capitalism is evil. It was part of the credit-card giant’s critical-race-theory training program, which asks workers to deconstruct their racial and sexual identities,…