Buoyed by a strong start in Korea, consumer electronics giant Samsung has launched its mobile payments service in the US, with support from the three major card schemes and banking giants Citi, Bank of America and US Bank.
Available today, American Express (AXP) announced Serve Cash Back, a new prepaid debit Account option that will earn Accountholders 1% cash back on purchases.
Samsung will introduce its mobile payments service in South Korea later this month, with Visa, MasterCard and several major banks onboard for a US launch in September.
American Express (NYSE:AXP) today announced that it is the first major Corporate Card portfolio activated for Apple Pay, allowing Card Members to pay on the go with compatible Apple devices.
In a bad day in court for the card firms, a federal appeals court has revived ATM access fee litigation against Visa and MasterCard, while in a separate case a judge has rejected American Express's interchange fee class action settlement.
American Express (AXP) and Best Buy today announce the launch of a new e-commerce technology integration that enables U.S.Card Members enrolled in the Membership Rewards program to seamlessly use their points for online purchases on BestBuy.com.
Hot payments startup Stripe has landed a new round of funding from investors including American Express, Visa and Sequoia Capital, valuing the San Francisco-based company at $5 billion.
American Express Company (AXP) today reported second-quarter net income of $1.47 billion, down from $1.53 billion a year ago. Diluted earnings per share decreased 1 percent to $1.42, from $1.43 a year ago.
American Express is muscling in on PayPal's territory with a new service that lets cardholders pay at participating online merchants with just a user ID and password.
American Express today announced the redesigned U.S. Amex Mobile app for iPhone and Android.
© Finextra Research 2015