San Francisco City Attorney Dennis Herrera is suing American Express Company (NYSE: AXP) in a statewide consumer protection action over anti-competitive and illegal merchant restraints alleged to be "responsible for billions of dollars in excessive and improper costs" borne directly by retailers and, indirectly, by all California consumers.
American Express has taken another big step in digital innovation, with the recent usability enhancements to the American Express App.
American Express today announces availability in Apple Pay, the easy way to pay. Apple Pay will be available for eligible Canadian Consumer, Small Business and Corporate Cards issued by Amex Bank of Canada 1 using their iPhone 6, iPhone 6 Plus, iPhone 6s, iPhone 6s Plus, iPad and Apple Watch.
American Express (AXP) and Airbnb announce a first-of-its-kind tech integration that enables U.S. Card Members to quickly and seamlessly sign up for Airbnb and book stays at close to 2 million listings around the globe.
Apple Pay is coming to Canada and Australia later this year thanks to a tie-up with American Express.
American Express has taken its first steps into the cryptocurrency world, participating in a Series A funding round in bitcoin payments venture Abra.
American Express Company (AXP) today reported third-quarter net income of $1.3 billion, down 14 percent from $1.5 billion a year ago. Diluted earnings per share was $1.24, down 11 percent from $1.40 a year ago.
German mPOS vendor payleven has reached a European distribution deal with American Express to offer a free Chip and PIN card reader and credit card package for small businesses.
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.
© Finextra Research 2015