The following announcement was made today based on an internal memo from Kenneth I. Chenault, American Express Chairman and Chief Executive Officer, to American Express (NYSE:AXP) employees:
Innovate UK has chosen five fintech startups to share a £175,000 prize pot and the opportunity to work with leading banks and government bodies to get their ideas off the ground.
Having seen its Wallet service fail to take off, Google is aiming another shot at the fast-growing mobile payments market with the launch of Android Pay.
Plenti, the first U.S.-based loyalty coalition, today announced that the program is now available to consumers online at Plenti.com and at thousands of partner retail locations including AT&T, Exxon, Macy’s, Mobil, Nationwide, Rite Aid, Direct Energy,
UL is pleased to announce that the Collis Brand Test Tool is qualified by American Express for the simulation of ExpressPay test cards.
American Express Company (NYSE:AXP) today reported first-quarter net income of $1.5 billion, up 6 percent from $1.4 billion a year ago. Diluted earnings per share rose 11 percent to $1.48, from $1.33 a year ago.
American Express is teaming up with Jawbone to let people make contactless payments from their fitness tracker wearable devices.
On a single day last week travellers on London's public transport network made more than a million taps with their contactless bank cards to get around the capital.
A campaign designed to put pressure on US card issuers to embrace chip and PIN, rather than just chip and signature, technology has been launched.
Some of the biggest names in financial services are throwing their weight behind a UK competition giving fintech startups the chance to win a share of a £175,000 cash prize pot.
© Finextra Research 2015