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Even given the huge jump in digital transactions from e-commerce, card brands are holding out for COVID-19 vaccines as a path out of the payment declines that have accompanied 2020’s health and economic crises.
November 11 -
American Express has announced it will spend $1 billion to promote racial, ethnic and gender equity internally and externally via a recently established corporate diversity office.
October 29 -
American Express Co. boosted the perks on some of its premium cards once again as the card issuer tries to keep a lid on attrition during the coronavirus pandemic.
October 26 -
Lenders have spent months puzzled by the persistently low delinquencies on their credit cards. Now, they’re seizing the moment.
October 23 -
With the COVID-19 pandemic creating unprecedented challenges for small businesses, American Express has increasingly targeted its investments in that niche.
October 23 -
With travel spending still largely sidelined by the coronavirus pandemic, Amazon is looking to harness more of the spending that small and medium-sized businesses are focused on for recovery.
October 6 -
American Express Co. began reopening offices in New York and London this week even as it told employees that they can continue working from home through June 2021 if they wish.
September 11 -
American Express is expanding into the fast-growing European market for open banking-based payment initiation services with its Pay with Bank transfer platform.
September 11 -
In her steady advance up the payments industry career ladder, Colleen Taylor has pursued a consistent theme of taking on challenging roles at pivotal moments, which has propelled her trajectory.
September 10 -
American Express hired Taylor to oversee its efforts to entice more U.S. merchants to accept the firm's cards.
September 10 -
It could take years for the air travel industry to recover from the pandemic, but some of the airlines' responses could fuel other payment streams.
September 9 -
American Express is fine-tuning the credit options available to small-business owners squeezed by coronavirus and the economic slowdown.
September 1 -
When customers contact Wells Fargo, its artificial intelligence system goes to work; what American Express is getting with it purchase of Kabbage; Fannie, Freddie refi fee will wipe out millions in mortgage profits; and more from this week's most-read stories.
August 21 -
American Express isn't acquiring any loans in its deal for the online small-business lender. Here's what it is getting.
August 19 -
American Express isn't acquiring any loans in its deal for the online small-business lender. Here's what it is getting.
August 18 -
American Express Co. is acquiring the teams and technology behind the online lender Kabbage Inc. as the credit-card giant seeks to provide more loans and other services to small-business owners.
August 17 -
The card giant could pay $850 million in cash for the online small-business lender, according to a person familiar with the talks.
August 11 -
Facing Wall Street analysts for the first time after the murder of George Floyd, CEOs of major payment companies joined other financial services firms in promising to improve fairness and opportunities for Black people and other underrepresented groups.
August 10 -
The major card networks have heavily invested in broader services as transaction processing loses its luster, a strategy that’s provided a ray of hope as retail and travel industries remain sidelined.
August 3 -
Three months ago, Stephen Squeri, the chairman and CEO of American Express, declared a global "economic free fall" due to the coronavirus. Its second-quarter earnings show how far a fall it has been.
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