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January 16, 2025
On the web
American Express Agrees to Pay More Than $138 Million to Resolve Wire Fraud Investigation In Connection With The Sales And Marketing Of Wire Products
Justice
"American Express Company has entered into a non-prosecution agreement with the U.S. Attorney’s Office for the Eastern District of New York (the Office), and has agreed to pay more than $138 million for engaging in sales practices that provided inaccurate tax advice to customers and potential customers of AMEX for two wire products, Payroll Rewards and Premium Wire (PR/PW)."
December 6, 2024
On the web
New FinTech Hypercard Launches Consumer Credit Card on the American Express Network
American Express
"Hypercard, a fintech dedicated to innovating in the payments market, will be launching its first consumer credit card on the American Express network that companies can offer to their employees. The card will also make it easier for employees to submit expense reimbursements."
November 20, 2024
On the web
Small Business Owners Are Optimistic About the Holiday Shopping Season and Say Community Support Keeps Them Thriving According to New American Express Survey
American Express
"American Express today released results from the 2024 American Express Shop Small Impact Study*, which highlights the power of supporting local businesses this Small Business Saturday (November 30) and how these business owners rely on their local communities to succeed."
November 11, 2024
On the web
American Express and MX Announce Customer-Permissioned Data Sharing Agreement to Expand Digital Finance Management for Customers
MX
"American Express announced an API-powered data access agreement with MX Technologies, Inc. that will now be able to better manage their personal finances and business expenses via secure connections of their American Express accounts with third-party financial institutions and fintech apps through MX."
October 22, 2024
On the wires
UBS Sells Its 50% Stake in Swisscard to American Express
Reuters
"UBS is offloading part of the Credit Suisse business it acquired last year with a deal to sell the fallen bank's 50% stake in credit card provider Swisscard. UBS will sell its 50% holding in the company to its joint venture partner American Express, Swisscard said in a statement."
October 16, 2024
On the web
American Express Completes Acquisition of Tock
American Express
"American Express announced that it has completed the previously announced acquisition of Tock, a reservation, table, and event management technology provider, from Squarespace, the design-driven platform helping entrepreneurs build brands and businesses online."
October 15, 2024
On the web
Pivot Payables Joins American Express Sync™
Business Wire
"Pivot Payables Inc., a fintech company delivering corporate financial operations solutions, announced a new integration with American Express. The integration offers American Express® U.S. Business and Corporate Card Members the ability to generate virtual Cards within PivotLynx, Pivot Payables’ accounting automation application, ensuring requests are routed to managers for budget approval and cost accounting."
October 1, 2024
On the web
American Express and Boost Payment Solutions Bring Optimized Virtual Card Payments to Suppliers
American Express
"As part of its ongoing investment in its B2B network and in enhancing buyer and supplier capabilities, American Express announced a new offering by Boost Payment Solutions, to provide commercial virtual Card processing services to U.S. merchants who accept American Express."
September 5, 2024
On the web
American Express and Knot Team Up to Simplify Adding Card-on-File Payment Information
Business Wire
"American Express and Knot have teamed up to launch a new pilot feature that simplifies adding payment information at select merchants. The feature rolled out as a limited pilot for select American Express customers to enable them to seamlessly add their payment information for some of their favorite merchants, including Bloomingdale’s, Hilton and Macy’s, to enjoy a continued smooth checkout experience."
September 3, 2024
On the web
UNIPaaS & American Express Boost B2B Card Payments for SMEs
IBS Intelligence
"UNIPaaS has partnered with American Express to enable more small and medium-sized businesses (SMBs) to offer invoice payments with Amex Cards through its platform"
August 23, 2024
On the web
American Express Expands Footprint in Africa
American Express
"“We’re putting a lot of energy into Africa – investing in accelerating our growth and broadening payment choices for consumers and businesses across the continent,” said Mohammed Badi, President, Global Network Services (GNS).
August 20, 2024
On the wires
Flutterwave Enables its Online Merchants in Nigeria to Accept American Express Payments
PR Newswire
"Flutterwave, Africa's leading payments technology company, announced that its online merchants in Nigeria can now accept American Express payments. American Express Card Members - with consumer, business, or corporate cards - will be able to make payments directly to e-commerce businesses using Flutterwave in Nigeria."
June 21, 2024
On the web
To Enhance Dining Platform, American Express Enters Agreement to Acquire Tock From Squarespace; Also Agrees to Acquire Rooam
American Express
"American Express announced an agreement to acquire Tock, a reservation, table, and event management technology provider, from Squarespace, the design-driven platform helping entrepreneurs build brands and businesses online."
June 6, 2024
On the web
American Express Statement on eBay Acceptance
American Express
"We are disappointed that eBay made the decision to stop accepting American Express Cards as of August 17th, 2024."
May 21, 2024
On the web
American Express and Emburse Bring Integrated Expense Management Solution to Commercial Customers
Morningstar
"American Express and Emburse are partnering to offer end-to-end virtual card issuance, card reconciliation, and expense management in Emburse Spend, an all-in-one expense management solution, to American Express customers."
May 14, 2024
On the web
Agencies Announce Public Meeting on Proposed Acquisition by Capital One of Discover; Public Comment Period Extended
Board of Governors of the Federal Reserve System
"The Federal Reserve Board and the Office of the Comptroller of the Currency (OCC) today announced a joint public meeting on the proposal by Capital One Financial Corporation, of McLean, Virginia, to acquire Discover Financial Services, of Riverwoods, Illinois...The purpose of the public meeting is to collect information from a wide range of stakeholders as the agencies evaluate the applications."
March 25, 2024
On the wires
American Express Sued in Merchants’ Class-Action Over ‘Swipe’ Fees
Reuters
"American Express has been hit with a proposed class action lawsuit in Rhode Island federal court accusing it of overcharging thousands of U.S. merchants for credit and debit card fees on consumer transactions."
March 7, 2024
On the wires
American Express and American Express Global Business Travel Launch New Integration to Help Streamline Spend Management for Small Businesses
Business Wire
"American Express is making it possible for businesses to issue a virtual Card (a dynamic payment option that replaces a physical card number with a digital Card number) for their employees via Amex GBT Neo1, a spend management platform."
February 13, 2024
On the web
NCR Atleos to Bring Surcharge-Free Cash Access to American Express Checking Customers
Business Wire
NCR Atleos Corporation announced that American Express has selected Atleos’ Allpoint ATM Network to expand surcharge-free access in the United States to its Business and Consumer Checking customers later this year.
February 6, 2024
On the wires
Fyle Announces Integration with American Express®
PR Newswire
"Fyle, an expense management platform that works with customers' existing credit cards, announced a new integration with American Express to offer U.S. Business and Corporate Card Members the ability to issue on-demand virtual Cards via the Fyle platform, with built-in controls, and enhanced security."
November 2, 2023
On the wires
Nuvei and American Express Join Forces to Facilitate Seamless Account-to-Account Payments Between Merchants and Their Customers
PR Newswire
"Pay with Bank transfer, powered by American Express, announces it has selected Nuvei Corporation, the Canadian fintech company, as its first acquirer authorised to promote and sell PwBt's Open Banking-enabled payment method."
October 9, 2023
On the web
Thousands More Independent Retailers Accept Amex Following Partnership with Booker Group [UK]
Retail Times
"American Express has strengthened its partnership with Booker Group, meaning thousands more independent retailers nationwide will be able to accept American Express Card payments under a new agreement."
October 6, 2023
On the web
American Express is First Card Issuer to Pilot Facial and Fingerprint Recognition for Safer Online Checkouts
americanexpress
"American Express® announced it is adding facial and fingerprint recognition to SafeKey® to help prevent fraud and create a simple and intuitive online checkout process. The company is the first card issuer to roll out these biometric features through a new pilot program."
September 8, 2023
On the web
Amex Research: Small Businesses Shake Things Up to Win Customers and Boost Sales
American Express
"New research from American Express finds that a majority of small and medium sized businesses are keeping a laser focus on boosting sales in the period ahead, by ramping up marketing activity and investing in new products and services."
August 1, 2023
On the wires
Skipify & Amex Team Up to Elevate Shopper Experience at Checkout
PR Newswire
"Skipify, a fintech company redefining the checkout experience, has teamed up with American Express to connect Amex U.S. Consumer Members' Cards seamlessly into checkout. Skipify's technology, launching exclusively with American Express, identifies select Amex customers via their email address, enabling them to automatically link their eligible Amex Cards to check out with participating merchants."
June 30, 2023
On the web
Goldman in Talks to Offload Apple Credit Card, Savings Products to American Express, Source Says
CNBC
"Goldman Sachs is in talks to offload its Apple credit card and high-yield savings account products to American Express, a source told CNBC’s Leslie Picker. Goldman Sachs and Apple declined to comment. CNBC has also reached out to American Express."
June 7, 2023
On the web
American Express and Bluechain Announce Partnership to Streamline SME Payment Processes
Fintech Finance
"American Express today announces a new partnership with Request to Pay-focused fintech startup, Bluechain to help streamline the supplier payment process for small and medium-sized enterprises (SMEs)."
May 30, 2023
On the web
Amex Planning to Use AI for ‘Approving Cards and Lines of Credit’
Cointelegraph
"American Express plans to extend its AI capabilities through partnerships despite having experimented internally with numerous machine learning-powered services."
March 23, 2023
On the web
American Express Launches First Card Bill PayID Service in Australia on the New Payments Platform
American Express
"In a market-leading move, American Express in partnership with payments provider Cuscal, today announces the launch of the first card bill PayID service in Australia on the New Payments Platform (NPP). American Express Card PayID gives consumer and small business Card Members a faster, simpler and more secure way to repay charges on their American Express Card, directly from their bank account...American Express has partnered with Cuscal and connected to their APIs, which will allow American Express Card Members to create a unique PayID that they can save as a payee in their bank’s digital banking channel. This means that when Card Members makes a payment from their bank to their PayID it is routed in real time to their American Express Card account via Cuscal, creating an instant and seamless payment and a better customer experience."
March 14, 2023
On the web
Timpson, B&M & EG Group Partner with American Express as Growth of Its UK card Acceptance Accelerates
American Express
"American Express continues to grow its coverage in the UK with the signing of several leading businesses across the food-to-go, home improvement and wider retail sectors. Taken together, these merchant signings represent thousands of new places that now accept American Express, with the total number of UK locations growing by almost a third (30%) year-on-year. American Express Cardmembers can now use their card at renowned family-owned retailer Timpson across its portfolio of approximately 2,000 stores."
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