American Express rolls out a new online checkout service for US cardholders, FinTech is the reason for record hikes in venture capital flooding into the London startup scene, Angistri agrees to trial digital currency Nautiluscoin, and more top stories from this week in FinTech.
American Express has launched a new service that lets cardholders pay at participating online merchants with just a user ID and password. Finextra reports:
“Amex Express Checkout enables users to enter their existing American Express login details to confirm payments, with the card firm auto-filling all the information required. Amex is working with Stripe, meaning that retailers that use the fast-growing payments outfit can easily integrate the new service. Burberry, Ledbury, Ticketmaster, and The Wall Street Journal, are among the merchants already onboard.”
A report from London Partners identifies FinTech as being responsible for a record hike in venture capital being poured into London’s startup scene. According to figures released in the report, nearly $1.5B was raised during the first six months of this year. From Wired:
“London and Partners, a public-private partnership created with backing from the Mayor of London