American Express

More business lending is shifting from banks to "murky" trusts as the government imposes more restrictions to reduce risky loans; 11 states advance suit as Justice Department retreats.

American Express Co. has struck back against Citigroup Inc., winning exclusive rights to issue credit cards for Hilton Worldwide Holdings Inc. and ending an agreement in which the two banks shared the business.

Today’s primitive question-and-answer programs will mature into sophisticated conversational agents, which will help customers transact and may even be capable of understanding emotional cues, experts say.

American Express has made several attempts to escape its image as a card for the elite, with efforts such as the Bluebird prepaid card and the OptBlue pricing program for small merchants. Its latest move is focused on rewards for small-business owners.

Warren Buffett’s Berkshire Hathaway Inc. asked the Federal Reserve to allow it to hold as much as 24.99 percent of American Express Co., a stake that’s been growing because of the lender’s stock repurchases.

American Express Co. is the latest to add voice controls for card services via the Amazon Alexa digital assistant.

When American Express debuted its Bluebird prepaid card in Walmart stores nearly five years ago, it was a sharp detour from the card brand's status as a product for the elite. But rather than bridge these two worlds, the Bluebird card has kept its market walled off.

Whether it is the Chase Sapphire Reserve metal card, the American Express Clear Card or a PNC card with an orange core, the message is the same — design is a big part of making a top-of-wallet card.

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.