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)

CE 100 Index Slips 3.5%, Led by Tesla and Peloton
CE 100 Index Slips 3.5%, Led by Tesla and Peloton
April 22, 2024  |  Connected Economy

The CE 100 Index gave up 3.5% for the week as earnings season began in full swing. Stock market gains were few and far between....

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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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Mastercard Reorg Shows Urgent Industry Focus on AI
Mastercard Reorg Shows Urgent Industry Focus on AI
April 10, 2024  |  artificial intelligence

The jury is still out as to how artificial intelligence (AI) will affect jobs in the financial services industry. But if the past six weeks...

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CFPB’s Credit Card Rewards Scrutiny Threatens a Perk Consumers Really Love
CFPB’s Credit Card Rewards Scrutiny Threatens a Perk Consumers Really Love
March 27, 2024  |  Credit Cards

Consumers like credit card rewards — that’s a truism borne out by PYMNTS Intelligence research. And it may be the case that scrutiny — and...

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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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Four Questions for CFOs About AP and AR Automation
Four Questions for CFOs About AP and AR Automation
March 14, 2024  |  B2B Payments

We are nearly a quarter of the way through the 21st century. But many firms are still carrying around legacy payment systems and suffering from...

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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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Why the Credit Card Competition Act Won’t Lower Merchant Interchange Fees
Why the Credit Card Competition Act Won’t Lower Merchant Interchange Fees
March 11, 2024  |  Credit Cards

In 1955, the island nation of Borneo was in the throes of a serious malaria virus outbreak. It turned to The World Health Organization for...

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