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)

Payment Networks Pause Implementation of Code for Gun Shops
Payment Networks Pause Implementation of Code for Gun Shops
March 10, 2023  |  Data

Payment networks have paused their implementation of a new merchant category code for gun shops. American Express, Discover, Mastercard and Visa have done so but have not said that they...

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Amex Platinum Card Walmart+ Membership Is Shot Across Bow of Amazon Prime
Amex Platinum Card Walmart+ Membership Is Shot Across Bow of Amazon Prime
March 08, 2023  |  Retail

To boost membership and consumer spending beyond groceries, Walmart’s subsidizing at least some of the cost of its memberships. To that end, and as detailed...

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High Earners’ Muted Spending Threatens Electronics and Autos, Boosts Big Box Merchants
High Earners’ Muted Spending Threatens Electronics and Autos, Boosts Big Box Merchants
March 03, 2023  |  Economy

F. Scott Fitzgerald wrote that the rich “are different from you and me.” Fast forward a century from when he penned the words, and today,...

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30% of US Construction Firms Invest in Digital Payments Amid Housing Slump
30% of US Construction Firms Invest in Digital Payments Amid Housing Slump
March 02, 2023  |  Digital Payments

Construction firms facing lower housing starts and rising mortgage rates that are turning off potential home buyers are increasingly turning to digital payment solutions as...

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Amex and Vanguard Expand Financial Advice Service
Amex and Vanguard Expand Financial Advice Service
February 22, 2023  |  Personal Finance

American Express and Vanguard are opening their financial advice service to more consumers. Launched last year, INVEST for Amex by Vanguard gives American Express customers...

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Vexi Raises $8M to Expand Access to Credit in Mexico
Vexi Raises $8M to Expand Access to Credit in Mexico
February 16, 2023  |  Financial Inclusion

Mexican neobank Vexi has raised $8 million in a Series A funding round. TechCrunch reported Thursday (Feb. 16) that the startup offers only a credit...

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American Express and Microsoft Develop AI-Powered Business Travel Expense Reporting
American Express and Microsoft Develop AI-Powered Business Travel Expense Reporting
February 09, 2023  |  Travel Payments

American Express and Microsoft are working to simplify business travel expense reporting. The companies have developed an artificial intelligence (AI)- and machine learning (ML)-powered solution...

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Google Pay Ditches the CVV With Virtual Card Numbers for Amex Holders  
Google Pay Ditches the CVV With Virtual Card Numbers for Amex Holders  
February 07, 2023  |  Google

Autofill solved a lot of problems for eCommerce — especially friction at checkout. Peeyush Ranjan, vice president and general manager of Google Pay, told Karen...

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Small Merchants Opt for Automation Over Price Hikes to Manage Slowing Consumer Demand
Small Merchants Opt for Automation Over Price Hikes to Manage Slowing Consumer Demand
February 03, 2023  |  SMBs

Even small changes may reap cost-cutting rewards for small businesses seeking to weather 2023’s projected rocky road. Economic news over the past few days has...

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