American Express

News Byte

ShopRunner CEO Scott Thompson Joins Board of Lead-Gen Startup Radius

Jason Del Rey in News on December 11, 2013 at 4:00 am PT

Scott Thompson, the CEO of ShopRunner and onetime CEO of Yahoo, has joined the board of directors of Radius, a startup that helps salespeople build targeted lists of prospective small-business customers. Radius started off as Fwix, an aggregator of so-called “hyperlocal content,” and has raised more than $30 million from BlueRun Ventures, Comcast Ventures and American Express.

In Battle for E-Commerce Dollars, Free Shipping Is Payment Networks’ Weapon of Choice

Jason Del Rey in Commerce on November 26, 2013 at 10:51 am PT

Call it the Amazon Prime Effect.

American Express to Let Cardholders Pay NYC Taxi Fares With Membership Rewards Points

Jason Del Rey in Commerce on October 20, 2013 at 9:01 pm PT

The move marks the loyalty program’s first step in what will likely be the program’s major expansion into the physical world.

TripAdvisor Becomes Latest Digital Platform to Host Special Deals for American Express Customers

Jason Del Rey in Commerce on October 8, 2013 at 12:00 pm PT

The deal follows in the footsteps of similar partnerships with Twitter and Foursquare.

Vente-Privee’s Granjon, Flash Sales Pioneer, on Competing in the U.S.

Jason Del Rey in Commerce on July 1, 2013 at 9:44 am PT

Flash-sales godfather Jacques-Antoine Granjon says what he means and means what he says.

Voices

Personal Information Is the Currency of the 21st Century

Tom Cochran, CTO, Atlantic Media in Voices on May 7, 2013 at 11:36 am PT

Privacy is dead. Get over it.

Voices

What’s in Your Digital Wallet? Lucrative Data

Andrew R. Johnson, Reporter, The Wall Street Journal in Voices on March 23, 2013 at 12:27 pm PT

Firms feud over access to details on transactions as new apps replace plastic.

News Byte

“Netflix for Dresses” Rent the Runway Raises $4.4 Million

Peter Kafka in Commerce on March 11, 2013 at 5:13 am PT

Rent the Runway, a startup that lets customers rent dresses, has raised $4.4 million from American Express and Novel TMT Ventures. The funding is an add-on to a $20 million round the company closed last year. Rent the Runway has raised close to $55 million since 2009.