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

American Express Introduces Business Card for Nigerian Users
American Express Introduces Business Card for Nigerian Users
May 09, 2024  |  B2B Payments

American Express is rolling out a business credit card in Nigeria, its first such product in the country. The card offers business owners a spending limit...

READ MORE >
Digital Payments Help Construction Firms Overcome Manual Misery
Digital Payments Help Construction Firms Overcome Manual Misery
May 09, 2024  |  Digital Payments

The construction industry is a critical one, but it has a giant problem: late payments. In a sector where cash flow couldn’t be more important to firms’ survival, slow and...

READ MORE >
American Express GBT: Global Multinationals Increase Their Business Travel
American Express GBT: Global Multinationals Increase Their Business Travel
May 07, 2024  |  B2B Payments

American Express Global Business Travel (Amex GBT) saw global multinational customers increase their business travel during the first quarter. The growth in travel by these companies outpaced that...

READ MORE >
Virtual Cards Close Middle-Market Cash Flow ‘Unpredictability Gap’
Virtual Cards Close Middle-Market Cash Flow ‘Unpredictability Gap’
May 07, 2024  |  B2B Payments

Virtual cards are at a tipping point. That’s the sentiment expressed by several finance leaders in the B2B space, as the current environment of stubborn...

READ MORE >
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....

READ MORE >
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....

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >