American Express

341 results about this entity

Period: 12 Nov 2007 - 12 Jun 2025

Visa and MasterCard near antitrust settlement - WSJ

The US Justice Department is set to settle an antitrust probe into card processing fees with Visa and MasterCard, according to the Wall Street Journal.

Amex targets Gen Y with social Currency - personal finance advice site

American Express has launched Currency, a personal finance advice site for "young adults" that offers blogs on spending and saving from experts, money management-related courses and an iPhone app developed with Foursquare.

AmEx hires Sprint's Schulman to drive mobile and online business

American Express has nabbed Daniel Schulman from wireless operator Sprint Nextel to head up a new enterprise growth unit that will concentrate on expanding the firm's mobile and online payments services.

OFT considers action over Visa's exclusive 2012 Olympics deal

The UK's Office of Fair Trading (OFT) is considering whether to take action over an exclusive deal between the London 2012 Olympics and Paralympic organisers and Visa which will prevent fans using other cards to buy tickets.

Heartland reaches $41.4m MasterCard settlement over data breach

Heartland Payment Systems has agreed to pay up to $41.4 million to MasterCard issuers in relation to the data breach that hit the processor in 2008.

American Express enters RBS WorldPay fray

American Express has teamed up with UK private equity firm Permira to join the battle for the Royal Bank of Scotland's WorldPay payment processing business, according to the Financial Times.

Bank of Italy orders American Express to halt card issuance

American Express has been ordered by the central bank of Italy to suspend the distribution of new credit cards after falling foul of regulations governing money laundering, usury, and transparency.

Card firms press US to file WTO complaint on access to China - Bloomberg

Card companies, including MasterCard and Visa, have approached the US government about filing a WTO trade complaint against China for cutting them out of the country's fast-growing, $723 billion, payment processing market, according to Bloomberg.

Heartland agrees $60m Visa settlement over data breach

Heartland Payment Systems will pay up to $60 million to issuers of Visa-branded credit and debit cards affected by the data breach suffered at the New Jersey-based payments processor in 2008.

Heartland agrees $3.6 million settlement with America Express

Heartland Payment Systems has agreed to a $3.6 million settlement with American Express relating to the criminal breach of the New jersey-based payments processor in 2008.

American Express sets up consumer spending consultancy division

American Express has launched a new consulting division to provide businesses with data and analytics on consumer spending patterns.

American Express to acquire Revolution Money

American Express is to acquire Revolution Money, a two-year old start-up founded with the express aim of emulating Paypal in online payments and circumventing plastic card interchange fees in the offline realm.