Tagged: american express

March 1, 2023 @ 8:19 am By Omar Faridi  |  

Payment firms Visa (NYSE: V) and Mastercard (NYSE: MA) are reportedly taking a step back from forming new partnerships with cryptocurrency-focused companies. This, after the collapse of major businesses operating in the nascent industry. As first reported by Reuters, the crypto-assets sector experienced somewhat of… Read More

February 26, 2023 @ 4:32 pm By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, announced the expansion of its network tokens and card account updater in partnership with Visa, Mastercard, and American Express. Together, these features “help businesses protect revenue, increase authorization rates, and reduce the churn that occurs when customers’ credit… Read More

February 16, 2023 @ 4:37 am By Omar Faridi  |  

American Express (NYSE: AXP) is expanding its relationship with Microsoft (NASDAQ: MSFT) to develop a suite of solutions built on Microsoft Cloud and AI technologies “focused on reducing business travel friction for employees and businesses.” The first solution developed through this collaboration will “enhance the… Read More

February 2, 2023 @ 10:03 pm By Omar Faridi  |  

American Express (NYSE: AXP) announced the launch of American Express Business Blueprint, the company’s new digital cash flow management hub “designed exclusively for small businesses, which features cash flow insights, digital financial products, and an easy way to reach and manage their Business Cards.” American… Read More

January 17, 2023 @ 8:38 am By Omar Faridi  |  

Global fintech Airwallex has announced the launch of a partnership with American Express, allowing Airwallex customers “to accept American Express Cards as a payment method.” Airwallex customers in Australia, Hong Kong, Singapore and the United Kingdom will now be able to “accept American Express Card… Read More

January 14, 2023 @ 7:17 pm By Omar Faridi  |  

American Express (NYSE: AXP) announced that it has entered into an agreement to acquire Nipendo, a company used by global businesses “to automate and streamline business-to-business (B2B) payments processes.” The transaction is American Express’ latest strategic step “toward its goal of creating a leading end-to-end… Read More

December 14, 2022 @ 4:05 pm By Omar Faridi  |  

American Express (NYSE: AXP) announced it has opened a new Decision Science Center of Excellence (CoE) in Singapore that will deliver global data-driven solutions. The CoE will “focus on data science applications in the areas of credit and fraud risk model development and production using… Read More

December 3, 2022 @ 12:27 pm By Omar Faridi  |  

American Express (NYSE:AXP) announced Amex Business Link™, a new business-to-business (B2B) payments ecosystem for network issuing and acquiring participants “to offer to their business customers.” Amex Business Link “makes managing payments easier for buyers and suppliers of all sizes by accepting card and non-card payments… Read More

November 17, 2022 @ 8:25 am By Omar Faridi  |  

American Express (NYSE: AXP) and Square (Block) (NYSE:SQ) announced “an expansion of their relationship and plans to launch a new credit card built specifically for Square sellers on the American Express network.” The new card will be “the first credit card Square offers to its… Read More

November 16, 2022 @ 12:00 pm By Omar Faridi  |  

American Express (NYSE: AXP) announced that it has partnered with TikTok “to launch the #ShopSmall Accelerator, a new program to help small business owners reach a new generation of shoppers on Small Business Saturday, which is on November 26, 2022, and runs throughout the holiday… Read More

October 31, 2022 @ 7:47 am By Omar Faridi  |  

Payer, the B2B technology company specializing in digital conversion, payments, and finance automation, with a mission to digitalize the B2B industry wherever payments play a central role, has announced that it will now facilitate American Express payments “across the Nordics in Denmark, Finland, Norway, and… Read More

October 25, 2022 @ 10:45 pm By Omar Faridi  |  

Cross River Bank, an infrastructure provider that offers embedded financial solutions,  announced a new collaboration with American Express that “allows Cross River to issue credit cards on behalf of fintechs on the American Express network.” Gilles Gade, Founder, President and CEO of Cross River, said:… Read More

October 24, 2022 @ 7:09 pm By Omar Faridi  |  

Open Banking Expo, the global community of Open Banking and Open Finance executives responsible for digital transformation across financial services and beyond, has partnered with American Express in order “to launch the world’s first Women in Open Banking.” The new industry initiative is “aimed at… Read More

October 20, 2022 @ 7:57 pm By Omar Faridi  |  

American Express (NYSE: AXP) and Cvent (Nasdaq: CVT), a meetings, events, and hospitality technology provider, introduced enhanced features to the Cvent Event Marketing & Management platform that “further expand virtual payment capabilities, leveraging American Express’ integrated budget management and payment automation solutions.” The enhanced features… Read More

October 19, 2022 @ 4:27 pm By Omar Faridi  |  

San Francisco-based financial technology firm, Cardless, Inc., and Simon, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment, and mixed-use destinations in the United States, have “agreed to launch the Simon® American Express® Credit Card from Cardless.” Once launched, Cardmembers… Read More

September 23, 2022 @ 4:29 pm By JD Alois  |  

Kabbage, an online lender operated by American Express, has published its periodic Small Business Recovery Report – its 7th installment. The survey queried 550 small business leaders which indicate that year-over-year revenue, between July 2021 and July 2022, almost doubled (87%) while profits remained flat…. Read More

August 17, 2022 @ 3:17 pm By Omar Faridi  |  

WebBank has announced an agreement with American Express (NYSE: AXP) “to become a card issuer and participant in the American Express network.” The collaboration allows WebBank “to issue credit card and payment solutions that include American Express benefits.” American Express selected WebBank “as one of… Read More

August 3, 2022 @ 7:12 pm By Omar Faridi  |  

American Express (NYSE: AXP), the Small Business Card issuer in the U.S., has announced American Express Global Pay – a digital solution that enables U.S. businesses to securely “make domestic and international business-to-business (B2B) payments.” Through this new digital solution, business customers can “send payments… Read More

July 26, 2022 @ 3:57 pm By Omar Faridi  |  

Cardless, a financial technology firm, announced a new agreement with American Express (NYSE:AXP). The agreement “empowers some of the country’s most celebrated brands – including travel providers and retailers – to seamlessly launch digital-first cards leveraging the Cardless platform, backed by benefits, offers, and security… Read More

July 16, 2022 @ 1:17 pm By Omar Faridi  |  

American Express (NYSE:AXP) has launched the “refreshed” Blue Cash Everyday Card with “new online shopping rewards, credits for streaming and cooking at home, and a sleek new Card design.” Blue Cash Everyday now “offers 3% cash back on U.S. online retail purchases, at U.S. supermarkets,… Read More