Showing results for 'American express' in Articles
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American Express to sharpen its AI strategy with Hyper acquisition

21 Apr 26 @ 14:34

American Express has moved to deepen its presence in AI-led commercial payments by agreeing to acquire Hyper, the agentic expense management company formerly known as Hypercard. The deal, expected to... read more

American Express launches agentic commerce developer kit

16 Apr 26 @ 11:46

American Express is positioning itself early for what could become one of the next major shifts in digital payments: AI agents that do more than recommend products and instead complete... read more

Block and American Express forced to pay big fines to regulator

17 Jan 25 @ 17:10

The digital payments landscape continues to grapple with regulatory scrutiny, as demonstrated by recent settlements involving industry heavyweights American Express and Block (formerly Square). These cases underscore the increasing importance... read more

American Express expand merchant acceptance with Guavapay

20 Nov 24 @ 09:48

Global fintech Guavapay has announced a new collaboration with American Express, enabling MyGuava Business merchants to accept Amex Cards as a payment method. This partnership aims to enhance the payment... read more

American Express exits Russia amid ongoing tensions

14 Aug 24 @ 12:32

The Russian central bank has officially revoked the banking license of American Express’s Russian subsidiary following a voluntary liquidation request by the US lender’s unit. This decision comes after Russian... read more

American Express launch BNPL service Plan It

27 Feb 24 @ 16:11

American Express is set to launch a BNPL product dubbed ‘Plan It’ for the UK market. Plan It, as per other BNPL products, allows credit cardholders to pay off purchases, or... read more

American Express to pilot biometric recognition in SafeKey

09 Oct 23 @ 16:55

American Express is adding biometric, via facial and fingerprint recognition, to SafeKey to help prevent fraud and create a simple and intuitive online checkout process. The company is the first... read more

American Express Q1 revenue increases to record $14.3 billion

24 Apr 23 @ 09:08

American Express has reported very healthy Q1 2023 net income of $1.8 billion, or $2.40 per share, consolidated total revenues net of interest expense were $14.3 billion – a record... read more

Central Bank of India lifts American Express card issuing ban

25 Aug 22 @ 10:32

Just months after the Central Bank of India (RBI) lifted its card issuing ban on Mastercard, it has now lifted the same ban on American Express allowing it to start... read more

Visa, Mastercard and American Express stop Russian operations

07 Mar 22 @ 10:01

Visa, Mastercard and American Express have suspended operations in Russia. The decision followed a request by Ukraine’s President Volodymyr Zelensky and threatens to further isolate a Russian economy facing crippling... read more

Visa, Mastercard and American Express post monster revenue updates

28 Jan 22 @ 15:35

Its earning week! Visa topped $7 billion in quarterly revenue for the first time, buoyed by a quicker-than-expected resumption in travel spending and sustained growth in categories like e-commerce that... read more

American Express prepares to launch debit card product in China

28 Apr 21 @ 08:43

American Express doesn’t issue debit cards in the US but it is gearing up to issue debit cards in China as it extends its position in the country. AmEx was... read more

American Express completes Kabbage acquisition

18 Aug 20 @ 13:38

American Express says it has entered into an agreement to acquire substantially all of Kabbage, a financial technology company providing cash flow management solutions to small businesses in the US.... read more

American Express moves closer to entry to $27 trillion Chinese market

09 Jan 20 @ 20:22

The People’s Bank of China, it’s central bank says it has accepted an application from a unit of American Express regarding starting operations in China – clearing a major hurdle... read more

American Express launch Open Banking product enabling consumers to pay by bank transfer

30 Sep 19 @ 17:51

American Express says it will launch an Open Banking based product that will enable UK consumers to pay for goods and services online directly from their bank account. Pay with... read more

Curve consider legal action against American Express

04 Feb 19 @ 09:37

Curve says it is considering legal action against American Express after the card network blocked its customers from using Curve’s services this week. Curve enables users to load all of... read more

American Express gets regulatory approval to enter Chinese payments market

12 Nov 18 @ 12:10

American Express has won regulatory approval to become the first US credit card company to enter the Chinese payments market and start building its own payments network. The company said... read more

American Express files latest blockchain-based proof of payment technology patent

25 Jul 18 @ 15:17

American Express has proceeded with the latest in a series of blockchain patents that it is seeking to position the group as the leader in new blockchain enabled transaction technology.... read more

American Express loses key European Court of Justice fees battle

14 Feb 18 @ 16:27

The British Airways American Express credit card is among those likely to be removed from the UK market after the European Court of Justice (ECJ) issued a ruling against the... read more

American Express eliminates signature requirements worldwide

13 Dec 17 @ 15:39

American Express announced it is eliminating the requirement for merchants to collect Card Members’ signatures for all purchase transactions at the point of sale beginning in April 2018. The move,... read more

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Visa turns the card into an identity credential

12 May 26 @ 15:44

Visa has launched a new tap-based authentication technology that could reshape how banks verify customers in mobile banking environments. [caption id="atta... more

Santander backs Ebury’s next phase with fresh funding

05 May 26 @ 16:52

Banco Santander has reinforced its commitment to Ebury after taking part in a funding round of about £550mn for the cross-border payments and trade finance fin... more

RBC and BMO weigh sale of Moneris as banks retreat from merchant acquiring

06 May 26 @ 16:43

Royal Bank of Canada and Bank of Montreal are reportedly in talks to sell Moneris, their jointly owned payments processing business, to Francisco Partners, in a... more