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

Amex: Merchants See Consumer Demand for Digital Payments as Catalyst for Innovation
Amex: Merchants See Consumer Demand for Digital Payments as Catalyst for Innovation
December 27, 2021  |  Payments Innovation

It’s no secret that the coronavirus pandemic has helped to accelerate the shift to digital payments — but surprisingly, the need to transact remotely is...

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62% of Firms Realize DSO Improvement From AR Automation
62% of Firms Realize DSO Improvement From AR Automation
December 21, 2021  |  B2B Payments

Manual accounts receivable (AR) processes create several significant pain points for businesses. The pandemic is amplifying these problems as firms struggle to reconcile their invoices and...

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AmEx’s Kabbage Debuts Small Business Lines of Credit
AmEx’s Kabbage Debuts Small Business Lines of Credit
December 08, 2021  |  SMBs

The online lender Kabbage has launched a service offering small businesses lines of credit, backed by its owner, American Express.  Unveiled Wednesday (Dec. 8), Kabbage...

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Amex, Nova Credit Expands Credit Partnership to More US Immigrants
Amex, Nova Credit Expands Credit Partnership to More US Immigrants
December 07, 2021  |  Partnerships

American Express will be working with Nova Credit to offer expanded credit access to citizens of Brazil, the Dominican Republic, Kenya and Nigeria who have...

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Amex, FinTech Opy Team on ‘Buy Now, Pay Smarter’ for Members, POS Merchant Option
Amex, FinTech Opy Team on ‘Buy Now, Pay Smarter’ for Members, POS Merchant Option
December 02, 2021  |  Buy Now Pay Later

Openpay, the diversified payment and POS lending FinTech, has teamed with American Express to help offer more access to lending and payments for bigger purchases,...

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Amex Fires Sales Staff Over Wire Payment Tax Benefit Claims
Amex Fires Sales Staff Over Wire Payment Tax Benefit Claims
November 24, 2021  |  Personnel

American Express has terminated some of its employees and disciplined others stemming from the sales staff’s positioning of products “inappropriately,” particularly related to purported tax...

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Europe’s COVID Spike Leads to Slump in Payments Stocks
Europe’s COVID Spike Leads to Slump in Payments Stocks
November 23, 2021  |  Stock Index

Visa, Mastercard and other payments stocks were on the decline on Tuesday (Nov. 23) amid a spike in COVID-19 cases in Europe. As MarketWatch reported,...

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Today in Retail: Brands Bet Big on the Metaverse; Authentic Brands Tables IPO Plans
Today in Retail: Brands Bet Big on the Metaverse; Authentic Brands Tables IPO Plans
November 22, 2021  |  Retail

In today’s top retail news, Gucci, Nike and other big brands are betting that consumers will want their virtual personas to wear the same gear...

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AmEx Lured Business Customers with Fraudulent Sales Pitch
AmEx Lured Business Customers with Fraudulent Sales Pitch
November 22, 2021  |  Banking

American Express’ pitch to business customers that using an AmEx card to pay employees and suppliers turned out to be built on a flawed premise...

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