Amex

60% of New Amex Accounts Are Opened by Gen Z, Millennials
60% of New Amex Accounts Are Opened by Gen Z, Millennials
April 19, 2024  |  Earnings

Younger, affluent consumers are showing notable resilience when it comes to spending on experiences and travel — and using their credit cards to do so....

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Amex GBT to Acquire Business Travel Solutions Provider CWT for $570 Million
Amex GBT to Acquire Business Travel Solutions Provider CWT for $570 Million
March 25, 2024  |  Acquisitions

American Express Global Business Travel (Amex GBT) agreed to acquire global business travel and meetings solutions provider CWT for $570 million. The planned acquisition would offer CWT’s 4,000 customers access...

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Ryft Enables UK Merchants to Accept American Express Card Payments
Ryft Enables UK Merchants to Accept American Express Card Payments
March 14, 2024  |  Partnerships

Ryft, a payment platform for marketplaces and digital platforms, has partnered with American Express. “We are now enabling our merchants within the UK to accept payments...

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American Express Taps Point.me to Facilitate Using Points for Flights
American Express Taps Point.me to Facilitate Using Points for Flights
March 11, 2024  |  Travel Payments

American Express has partnered with point.me to make it easier for cardholders to find and book flights with their rewards points. Point.me, a points and travel reward...

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American Express Notifies Customers of Data Breach at Third Party Used by Others
American Express Notifies Customers of Data Breach at Third Party Used by Others
March 04, 2024  |  Security & Fraud

American Express has notified customers of a data breach at a third-party service provider that is used by many merchants. The unnamed service provider “experienced unauthorized...

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Amex Integrates Virtual Cards With Business Travel Platform
Amex Integrates Virtual Cards With Business Travel Platform
March 04, 2024  |  Travel Payments

American Express has launched a small business-focused integration with American Express Global Business Travel.  The collaboration, announced Monday (Mar. 4), lets businesses issue a virtual card for...

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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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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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Citi Mobile Leads in PYMNTS’ Provider Ranking of Credit Card Apps
Citi Mobile Leads in PYMNTS’ Provider Ranking of Credit Card Apps
December 20, 2023  |  Credit Cards

Making your loved ones happy is priceless. For everything else, there’s a credit card. Picking a credit card can be challenging. Whether you’re considering annual...

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