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Though banks are generating more revenue from interchange and annual fees, those gains have been offset by declines in income from cash advances and late fees.
February 5 -
American Express and Bill.com have launched a system to handle the accounts payable process plus the ability to pay vendors through virtual account numbers.
February 5 -
All-in-one cards often fail, but the fintech's attempt to change that narrative includes a premium card with added benefits.
January 28 -
A 2017 agreement with Marriott International that kept the hotel chain's card portfolio with American Express and JPMorgan Chase will take a brand marketing turn in February, but leave both issuers as partners.
January 23 -
Even though American Express received pre-approval to provide transaction settlement services in China more than a year ago, it is playing the waiting game to get those wheels in motion amid a fiery political climate.
January 18 -
The units that handle small business payments and the one for larger firms will be combined; survey shows U.K. consumers may shun loans.
January 18 -
American Express Co. is pulling out the big bucks to keep its stronghold on premium credit-card users.
January 17 -
The unit is under investigation by federal agencies for misrepresenting pricing; investment bankers are looking at a possible 15-20% drop in bonus money.
January 9 -
A director in the foreign-exchange department of American Express has been suspended, as the card brand continues to investigate pricing practices in that division of the company.
January 8 -
Mainstream payment companies are quickly siding with fintechs to dilute the weight of paper on accounts payable and supply chains. American Express is pushing change by making it less of an ordeal.
December 7 -
Visa Inc., American Express Co. and Mastercard Inc. are among firms being investigated by Brazilian regulators over some rules governing use of payment networks.
November 16 -
Amazon is rightfully thought of as an e-commerce juggernaut, but the company's latest move — opening additional headquarters in the New York and Washington, D.C. areas — has drawn attention to how its presence changes the physical world.
November 16 -
American Express' progress with local officials in China regarding card payments provides a potential early advantage against rivals like Mastercard and Visa. But building a market in China has never been easy for a global card brand.
November 9 -
Right on the heels of securing a partnership with Amazon to benefit small business owners, American Express is launching a new Business Gold Card designed to reward spending in key categories and offer extra management tools.
November 8 -
American Express' VC wing is taking efforts to solidify its position in two sectors that are quickly maturing: APIs for small businesses and digital travel concierge services.
November 6 -
American Express Co. said the U.S. Department of Justice and several regulators have sought information on its foreign-exchange international payments business.
October 23 -
American Express has positioned itself as a small-business champion for decades, but its partnership with Amazon illustrates the paradox of supporting mom-and-pop shops by enabling them to buy supplies from their largest competitor.
October 23 -
Amazon.com Inc. and American Express Co. are upping the ante in their bid for small-business spending.
October 23 -
American Express turned its loss of its Costco card business in 2016 into a pivot to a more technology-heavy strategy, a plan that is paying off with major deals with large partners and solid earnings.
October 19 -
American Express Co.’s quest to be accepted everywhere from the corner bodega to the nail salon down the street is paying off.
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