American Express

All six big card issuers reported higher chargeoffs in their credit card businesses, a sign that the post-crisis era of exceptionally strong credit performance has run its course.

American Express Co. must produce information to U.S. tax authorities seeking the identities of Dutch residents with debit or credit cards linked to bank accounts outside the Netherlands.

Investors concerned about the impact on banking of climate change, the pay gap and ethics matters are pushing back against a coalition of the heads of the biggest U.S. banks and other public companies that wants to limit small investors’ access to proxy ballots.

American Express Co., the biggest credit-card issuer by customer spending, paid Chief Executive Officer Ken Chenault $22 million for his work in 2016, a 19 percent increase from a year earlier.

The Plenti loyalty program unfolded two years ago with a new twist on plastic card-based rewards—a multi-merchant coalition in which participants were given exclusivity within their market and consumers could earn points at one retailer and redeem them at another.

American Express Co. is looking to weed out customers who jump from credit card to credit card just for the sign-on bonus.

Much like how Amazon went from selling books to selling cloud services, the online lenders that succeed well into the future will change how they do business, Scott Sanborn said.

Lost in the battle between banks and retailers — which is being fought with renewed vigor in the early days of the Trump administration — is any consideration of how caps on interchange fees have affected consumer spending patterns.

Mobile payment solution providers and issuers may now use Global to ensure ExpressPay HCE apps are performing in line with Amex’s specifications.

India's latest government-supported payments initiative, Bharat QR, officially launched on Monday, aiming to provide an interoperable mobile payments platform linking small merchants and consumers across channels via several major card payment networks.

Certain cash-strapped consumers expecting a tax refund this year will be waiting longer than usual to get their funds because of a new IRS rule, prompting American Express Co. to expand the channels available to taxpayers looking to get their refund quickly through its Serve prepaid card.

American Express has signed on to the Hyperledger Project, a industry group of more than 100 members developing blockchain technology for corporate use.

The initiative pushes open and collaborative development of uses cases for the distributed ledger technology in financial services and payments.

American Express spend a record amount of marketing and promotions in 2016, following Costco's departure.

American Express Co., the largest U.S. credit-card issuer by purchases, said fourth-quarter profit fell 8.2 percent as expenses exceeded analysts’ estimates and the firm set aside more money to cover bad loans.

American Express has prevailed in its latest round of legal sparring with the Justice Department.

American Express Co. hopes to add star power to its high-end Platinum credit card by bringing musician and style icon Pharrell Williams in as the brand’s first-ever creative director, as competition in the luxury credit card segment intensifies.

In expanding its work with Facebook, American Express has introduced the Add a Card feature on its bot for Facebook Messenger.

In a move to boost recruitment and retention while keeping up with the corporate Joneses, American Express Co. said it will offer 20 weeks of paid leave to any U.S. employee of either gender who has a child through any means, including adoption and surrogacy. Birth mothers will get an additional six to eight weeks of paid medical leave on top of that.

The growth that followed the turnover of Costco's payment cards from American Express has been greater than expected, according to the bank.