Monday, November 30, 2009

Amex is Acquiring Revolution Money

American Express Company is acquiring Revolution Money, which was launched by AOL co-founder Steve Case's Revolution LLC in 2007. Revolution Money is an online person-to-person payment whose accounts are FDIC insured and targeted at social and instant messaging networks. It also offers a prepaid card linked to those accounts that can be used for offline payments or to withdraw cash from ATMs throughout the United States............

See article here: Steve Case and Ted Leonsis throw in the towel on Revolution Money

Penny and Doug
Penny's Antiques & Wedgwood Pantry

Quote of the Day:
"Wish not so much to live long as to live well." --Benjamin Franklin, Poor Richard's Almanack, 1746

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