The San Jose retailer Fry's Electronics Inc. has agreed to accept American Express Co. cards at all of its 34 stores.
Fry's, which announced the acceptance agreement Monday, said that many customers have expressed interest in using Amex cards at its stores.
Amex has said that increasing its card acceptance rates, especially at small and midsize merchants, is a critical strategic goal.
The department is aiming to boost transparency and win Trump's trust after poor economic numbers last month led to a bureaucrat's firing.
Financial technology veteran Steven Pinado, who assumed the fintech's top role this week, says the demand for an easy checkout experience will drive growth.
BNPL lender Klarna officially revived its highly anticipated IPO today, and cryptocurrency exchange Gemini also announced plans for a public offering. The offerings follow Chime and Circle's blockbuster IPOs in June.
Three lawmakers led by Senate Banking Committee ranking member Elizabeth Warren, D-Mass., are beginning to assess the impact that the Trump administration's posture toward the Consumer Financial Protection Bureau has had on overdraft fees.
The Kansas City, Missouri-based bank bought the deposits from Old National Bancorp, growing its large base of HSA deposits by 1%.
The American Fintech Council wants Congress to amend the Gramm-Leach-Bliley Act to preempt state privacy laws with both entity-level and data-level exemptions, as well as eliminating restrictions on the secondary use of data.
