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

Foreign Card Firms May Need Local Partners To Set Up Shop In China
Foreign Card Firms May Need Local Partners To Set Up Shop In China
November 07, 2017  |  South East Asia

The push of U.S.-based credit card companies to finally gain access to the Chinese mainland has hit yet another bump. Reuters reports that the Chinese government...

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Citigroup Pockets $150M From Selling Hilton Hotel Card Deal To Amex
Citigroup Pockets $150M From Selling Hilton Hotel Card Deal To Amex
November 01, 2017  |  Partnerships / Acquisitions

Citigroup announced that it expects to record a $150 million pretax gain on the sale to American Express of a $1.2 billion credit card portfolio,...

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Amex Upgrades Online Authentication
Amex Upgrades Online Authentication
November 01, 2017  |  Authentication

American Express has announced SafeKey 2.0, the next generation of its online authentication tool, which provides an extra layer of security when a card member...

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AMEX’s CEO To Have Earned $370M Over The Past 17 Year
AMEX’s CEO To Have Earned $370M Over The Past 17 Year
October 30, 2017  |  Earnings

Kenneth Chenault, the long-running chief executive at American Express, stands to have made more than $370 million during his years at the helm. According to...

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Fizzle of the Week: Amex Heads To Supreme Court As CEO Resigns
Fizzle of the Week: Amex Heads To Supreme Court As CEO Resigns
October 20, 2017  |  Sizzle/Fizzle

While any one big piece of bad news in a single week can be enough to knock a big-name brand into fizzle territory, American Express...

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Loans Boost AmEx Q3 As Chenault Bids Adieu
Loans Boost AmEx Q3 As Chenault Bids Adieu
October 19, 2017  |  News

American Express posted Q3 results that beat the Street on growth in its lending and card businesses. But the numbers were possibly overshadowed by news...

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The Supreme Court Will Decide American Express’ Antitrust Case
The Supreme Court Will Decide American Express’ Antitrust Case
October 17, 2017  |  Regulation

The American Express antitrust case is back — and is now going to the court of last resort. Yesterday (Oct. 16), The U.S. Supreme Court...

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PayPal’s Market Cap Blasts Past Amex
PayPal’s Market Cap Blasts Past Amex
October 16, 2017  |  Mobile Commerce

It’s been a strong year for PayPal, which has seen its shares up 75 percent since the beginning of the year. And, as of last...

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Trulioo’s CEO On Solving Payments’ KYB Problem
Trulioo’s CEO On Solving Payments’ KYB Problem
October 16, 2017  |  Fraud Prevention

In the ABCs of KYC, KYB has largely been skipped. KYC (Know Your Customer) — those three letters that everyone in payments knows so well...

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