After being announced last October by President Obama, American Express (AXP) today officially launched its Small Merchant EMV Assistance Program.
American Express is to appeal a US Federal Court ruling that its exclusivity conditions constitute an unlawful restraint of trade, contending that the judgment would harm competition by further entrenching the two dominant payment networks, Visa and MasterCard.
BBVA Compass and American Express today announced a new card-issuing partnership, which brings together three global brands - BBVA, American Express and the NBA - through the BBVA Compass NBA American Express® Card.
American Express Company (NYSE: AXP) today announced that its U.S. co-brand and merchant acceptance agreements with Costco Wholesale Corporation are set to end on March 31, 2016.
The venture capital arms of Citibank and American Express have joined a $21 million funding round for digital marketing communications company Persado.
American Express Company (NYSE:AXP) today reported fourth-quarter net income of $1.4 billion, up 11 percent from $1.3 billion a year ago. Diluted earnings per share rose 15 percent to $1.39, from $1.21 a year ago.
UL is pleased to announce that the Collis Brand Test Tool is qualified by American Express for the simulation of AEIPS test cards.
Draft terms agreed to by the European Parliament and the European Council in December that cap interchange fees on some European debit and credit card transactions will likely have a manageable financial impact on American Express (AmEx, 'A+') and Discover Financial Services (Discover, 'BBB+'), Fitch Ratings says.
American Express is tapping into its Serve software platform for a research pilot into the savings behaviour of customers.
American Express is opening a technology hub in Silicon Valley that will house a team building up the card giant's capabilities in big data, cloud computing and mobile.
© Finextra Research 2015