American Express

The American Express Company, also known as Amex, is an American multinational financial services corporation headquartered in Three World Financial Center in New York City. The company was founded in 1850 and is one of the 30 components of the Dow Jones Industrial Average.

(source: americanexpress.com)

American Express Faces Class-Action Lawsuit on Rules for Merchants 
American Express Faces Class-Action Lawsuit on Rules for Merchants 
January 10, 2024  |  Legal

Debit card users in nearly a dozen states have been granted the ability to pursue class-action claims against American Express.  This follows a Tuesday (Jan. 9)...

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CE 100 Index: AI, Banks and BNPL Names Were Standouts During 2023’s 42% Rally 
CE 100 Index: AI, Banks and BNPL Names Were Standouts During 2023’s 42% Rally 
January 04, 2024  |  Connected Economy

The CE 100 Index soared in 2023, largely on the wings of widespread rallies among banking and buy now, pay later (BNPL) names, up double...

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Mid-Sized Firms Lag Enterprise Peers in Automating Payments and Receivables
Mid-Sized Firms Lag Enterprise Peers in Automating Payments and Receivables
December 29, 2023  |  Accounts Payable

More than 90% of mid-sized firms — those annually generating $3.5 million to $15 million in revenue — that plan to further automate their accounts...

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72% of Consumers Plan to Shop With Small Businesses This Holiday Season
72% of Consumers Plan to Shop With Small Businesses This Holiday Season
December 21, 2023  |  Digital Payments

Surpassing all expectations, consumers turned up in record numbers for this year’s Black Friday weekend, the traditional kickoff to the holiday shopping season in the...

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B2B Extinction Event: Can Electronic Payments Automate Away Paper Checks?
B2B Extinction Event: Can Electronic Payments Automate Away Paper Checks?
December 20, 2023  |  B2B Payments

The year is 2023, almost 2024, and we are decidedly in the digital era.  After all, things like artificial intelligence (AI), space travel, gene-editing, and...

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Win-Win Relationships Show AP and AR Automation Is a Must, Not a Maybe
Win-Win Relationships Show AP and AR Automation Is a Must, Not a Maybe
December 19, 2023  |  B2B Payments

In an uncertain economy, cash-on-hand matters more than ever. Equally important is visibility over that cash, as well as the ability to look forward and...

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Amex Aims to Onboard Thousands of Small Australian Merchants
Amex Aims to Onboard Thousands of Small Australian Merchants
December 17, 2023  |  Credit Cards

American Express has launched a campaign to increase acceptance of its cards in Australia. The company’s OptBlue program is set to onboard “thousands” of small...

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Amex and Bank of America Report Rising Card Delinquencies
Amex and Bank of America Report Rising Card Delinquencies
December 17, 2023  |  Credit Cards

Both American Express and Bank of America saw credit card delinquencies climb last month. According to a recent Securities and Exchange Commission filing, American Express’ delinquency rate rose from 1.3%...

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Gen Z and Millennial Consumers Want Mobile Channels to Help Build ‘Trust’ in Their Insurers
Gen Z and Millennial Consumers Want Mobile Channels to Help Build ‘Trust’ in Their Insurers
December 13, 2023  |  Insurance

“Insurance is a personal and custom purchase,” Melissa Hurd, vice president and general manager of the National Client Group, Everyday Spend at American Express, told PYMNTS. “It’s...

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