In Brief: Amex Invests in Billing Software Company

American Express Co. has made an undisclosed minority investment in edocs Inc., a provider of electronic bill presentment software. American Express has also licensed edocs' flagship product, BillDirect, for its own electronic billing needs.

Larry Kutscher, senior vice president of interactive enterprise development at American Express, said the company's relationship with edocs, based in Wayland, Mass., will enable it to deliver "enhanced and expanded" electronic bills and statements to its customers.

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