Tagged: american express

American Express and Billtrust to Offer Suppliers a Solution to Accounts Receivable Challenges

American Express Chip Credit Card

American Express Company (NYSE: AXP) has announced a collaboration with Billtrust (NASDAQ: BTRS), a B2B accounts receivable automation and integrated payments firm, in order to “enable suppliers to streamline acceptance of American Express virtual cards.” With this integration, suppliers will have the ability “to automate… Read More

Fintech Firm Bread Financial Launches Consumer Credit Card with Assistance from American Express

Market Bread Israel

Bread Financial (NYSE: BFH), a technology-forward financial services firm that offers “simple, personalized” payment, lending and saving solutions, has announced the launch of a new consumer credit card – the Bread Cashback American Express® Credit Card. Bread Cashback “offers unlimited 2% cash back with no… Read More

American Express Increases Speed for Fintech Firms to Issue Cards on Amex Network, Supported by i2c

American Express

American Express (NYSE:AXP) and i2c Inc, a provider of virtual payment and banking tech, announced an expanded global, multi-product agreement that will enable Fintech firms and financial institutions around the world “to develop and scale innovative payments solutions for consumers and businesses on the American… Read More

American Express has Reportedly Filed Trademark Applications to Register Services in the Metaverse

American Express

American Express (NYSE: AXP) has reportedly filed trademark applications in order to register its official name, logo, as well as its slogans for a range of banking services in the Metaverse. In an applications submitted this month, reviewed by Metaverse trademark attorney Michael Kondoudis, Amex… Read More

American Express, Mastercard, Visa Halt Operations in Russia

American Express Chip Credit Card

American Express (NYSE:AXP), Mastercard (NYSE:MA), and Visa (NYSE:V) have all halted operations in Russia following the country’s unprovoked invasion of Ukraine. The news of the three card issuers disabling services has followed global sanctions being applied by Russian President Vladimir Putin and his rogue regime…. Read More

Finmark Announces New Investment Led by American Express Ventures

American Express

Finmark, the financial modeling software provider for startups, has announced new funding from American Express Ventures, which is the strategic investment group of American Express (NYSE: AXP). Amex Ventures joins several other existing investors, which reportedly includes Draper and Associates, Bessemer Venture Partners, and IDEAfund… Read More

American Express Chief Exec Says Digital Assets like Bitcoin, Ethereum Aren’t Really a Currency

No Practice Parking Deny Stop Halt

American Express (NYSE: AXP) Chair and Chief Executive Stephen Squeri seems to have been proven right for his careful approach to introducing digital currency services via the payment company’s platform. In statements shared with Yahoo Finance, Squeri remarked: “What I’ve said from the beginning is… Read More

Fintech: Research Indicates that 9% of Teens Have Traded Crypto, PayPal is Top BNPL Option, Cash is King for Payments

Ethereum Dollars iPhone

Piper Sandler, a financial services firm based in Minneapolis, has surveyed teens for more than 20 years. The company researches trends regarding brand purchases and activities that may aid in discerning the rising or declining popularity of the firms that provide these products. CI recently… Read More

American Express Introduces Business Checking Accounts for US based SMEs

American Express

American Express (NYSE: AXP) has introduced its Business Checking account intended for SMEs operating in the US. This all-digital Business Checking account aims to provide a secure, high-yield, and low fee virtual banking experience with a competitive APY of 1.1% on balances of up to… Read More

Hacked Crypto, Payments Account Costs on the Rise

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The value of hacked PayPal accounts has surged in 2021, while verified cryptocurrency accounts will cost you a pretty penny, research analyzed and originally published by wette.de reveals. In September, such an account was worth 9.2 cents for every dollar in the account. That is… Read More

American Express Introduces Expense Management Tool in United Kingdom

American Express

American Express (NYSE: AXP) has introduced AmexExpense, an all-digital expense management tool for companies. Currently available for all UK Business Gold and Platinum cardmembers, the free-to-download app is aimed at simplifying the expense administration process by eliminating the requirement to hold onto paper receipts and… Read More

Kathryn Petralia, Co-Founder of Kabbage Discusses Amex Acquisition: “We are coming from a position of strength”

Kathryn Petralia 600x600

In mid-2020, Kabbage, one of the best-known online lenders for SMEs in the US, was acquired by American Express (NYSE:AXP). At that time, co-founders Rob Frohwein and Kathryn Petralia said this was their first time sitting in the seat of the entrepreneurs selling a company… Read More

Mexico’s Credijusto, a Tech-Enabled SME Lender, Partners i2c to Offer Seamless Credit Services

Snarling Jaguar Mexico

i2c Inc., a provider of virtual payment and banking tech, reveals that it has teamed up with Credijusto, a technology-enabled SME lender in Mexico. Through the partnership, the firms will offer seamless credit services for the nation’s SMBs via the Covalto American Express credit card… Read More

Survey by Fintech Kabbage, an American Express Co., Reveals Small Businesses’ Average Total Sales Reached 80% of Pre-COVID Levels

Find it Here Buy it Here small business

Small businesses’ average total sales reached 80% of pre-COVID levels, according to a recent Kabbage Survey. COVID-19 vaccination rates among small business owners have outpaced the US national average while issues with recruitment and reopening protocols “persist,” the Kabbage team noted earlier this month. Kabbage,… Read More

Kabbage Adds Digital Checking to Platform

Kabbage Check Deposit

Kabbage, an online lending Fintech that was acquired by American Express (NYSE:AXP) has announced the launch of “Kabbage Checking,” said to be the first business checking account offered by American Express and built for U.S. small businesses. To help encourage uptake of the new service,… Read More

American Express Now Offering U.S. Consumer Card Members With Option to Buy Now Pay Later For Air Travel

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  American Express recently announced it is giving its U.S. consumer card members the option to Buy Now Pay Later (BNPL) for their air travel. American Express reported that members may now book flights at AmexTravel.com and pay later using Plan It at checkout “Integrating Plan It directly into the checkout experience will… Read More

Tink Announces European Open Banking Partnership With American Express

Europe at Night Map

Tink, a Sweden-based fintech that provides APIs to create next-generation banking services, announced on Tuesday it has entered a European open banking partnership with American Express to improve the onboarding process for new cardmembers. Through the partnership, Tink will integrate open banking technology into the… Read More

The Top Ten Fintech Predictions for 2021

Swami Fortune Teller Future Prediction Psychic

Fintech enthusiasts welcome back to my 5th annual “Top Ten” Fintech prediction series. This year I’ve met a lot of powerful movers and shakers in the Fintech space. My take away from these meetings and interactions is how little do I know about this ever-expanding… Read More

U.S. Digital Asset Trading Platform FalconX Announces Investment From American Express; Discloses Nearly $3 Billion Per Month in Trade Volumes

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FalconX, a U.S.-based digital asset trading platform, announced on Wednesday it secured an investment from American Express Ventures. According to FalconX, American Express Ventures joined existing investors Accel, Accomplice VC, Coinbase Ventures, Fenbushi Capital, Flybridge Capital Partners, Lightspeed Venture Partners, and Avon Ventures, a venture… Read More

American Express Announces “100 for 100” Program Participants & $2.5 Million Commitment

american express 100 for 100

American Express (NYSE: AXP) recently announced the participants of its “100 for 100” Black Women Entrepreneur program. According to American Express, the program will provide each participant with $25,000 and 100 days of business resources, including business education, mentorship, marketing, virtual networking, WorkSpaces by Hilton… Read More

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