Younger, affluent consumers are showing notable resilience when it comes to spending on experiences and travel — and using their credit cards to do so. To that end, Amex said Friday (April 19) that the majority of its account openings have been from Gen Z...
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 to the Amex GBT ecosystem and create about $850 million in revenue, the companies said in a Monday (March 25)...
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 from Amex Cards,” Ryft said in a Thursday (March 14) post on LinkedIn. This partnership will increase payment flexibility for eCommerce...
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 search platform, will provide features to help cardholders find flight options with their American Express Membership Rewards points, compare the...
December 21, 2023
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 United States. The five-day weekend, from Thanksgiving Day through Cyber Monday, saw more than 200 million U.S. shoppers, topping last year’s record of nearly 197 million. Moreover, while physical retail […]
November 20, 2023
Automating accounts payable (AP) and accounts receivable (AR) can provide a crucial edge for mid-size firms. Most that have done so report increased efficiency and enhanced cash flow. Data further...
November 16, 2023
Midsize firms anticipate that making and receiving payments will become even more of a core necessity very soon. On average, firms expect a 50% increase in payments made and a...
November 02, 2023
Generation Z and millennials have different insurance needs from their elders, yet they are already a market force to be reckoned with. More than 60% plan to purchase one or...
May 21, 2024
American Express (Amex) has teamed with travel and expense software provider Emburse. According to an Amex news release on Tuesday (May 21), customers can now connect their card programs to Emburse Spend to issue virtual cards, a payment option that replaces a physical card number with a digital card number. The program is designed for American Express […]
March 25, 2024
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 to the Amex GBT ecosystem...
March 14, 2024
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 from Amex Cards,” Ryft said...
March 11, 2024
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 search platform, will provide features...
