Tricia Duryee

American Express invests in mobile payments with Payfone

Two weeks after launching an all-new digital-payments platform called Serve, American Express is doubling its efforts in the emerging space with an investment in Payfone, a mobile-payments provider. Payfone has raised $19 million in a third round of funding. In addition to American Express, Verizon Investments and Rogers Communications are also participating, along with existing …

Read More »