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.
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.
© Finextra Research 2015