David Jones Ltd., an Australia-based retailer, says it has begun offering its customers an American Express-branded credit card months before it originally expected the launch to occur. Customers can get the card in stores or through the retailer's Web site, David Jones says in a statement. The retailer had planned to introduce the card, which offers consumers points they can redeem for retail goods, around Christmas (CardLine Global, 22 Feb.). David Jones issues some 800,000 store cards, which the retailer has offered to exchange for the AmEx cards. The move follows the launch of a Visa-branded card from Australian retailer Myer, which worked with GE Money, Frank Lopez, an analyst with Australia-based Cannex Pty Ltd., told CardLine Global in an interview in advance of the David Jones move. The new card from David Jones enables the retailer to do a better job of tracking customer spending patterns, Lopez notes. Neither AmEx nor David Jones responded to requests for comment.
-
An albeit smaller sample of financial advisors participating in FP's Compensation Survey nevertheless reflected the industry-wide trend around gender pay gaps.
2h ago -
In its latest 2026 guidance, the Pittsburgh-based bank predicted an increase in income, but also an uptick in expenses. Much like JPMorganChase, which made a similar revision to its forecast this week, PNC views the two trends as inseparable.
2h ago -
The deal is the latest in a series of acquisitions by bank core provider CSI, which is further expanding its offerings for regional and community banks.
2h ago -
"Ultimately, adoption and embedding in a company is going to be the differentiator for many firms on whether or not they're successful with AI," said BNY CEO Robin Vince.
2h ago -
Increased use of artificial intelligence led to revenue growth and productivity gains during the second quarter, the bank's leaders said.
3h ago -
Russell Vought, testifying in front of the House Financial Services Committee for the first time in his tenure atop the bureau, was unapologetic about his attempts to cut the consumer protection agency and its regulation and supervision functions.
4h ago











