Tagged: american express

October 12, 2026 @ 12:52 am By Omar Faridi  |  

The Office of the Comptroller of the Currency (OCC) announced a cease-and-desist order together with a $350 million civil money penalty against American Express National Bank, based in Sandy, Utah. The action stems from longstanding weaknesses in the institution’s Bank Secrecy Act and anti-money laundering… Read More

August 17, 2026 @ 9:14 am By Omar Faridi  |  

American Express (NYSE: AXP) has introduced enhanced features for its virtual card offerings, aimed at making payment processes more straightforward for commercial clients across the United States. These updates focus on integrating virtual cards into tools that businesses already rely on for managing expenses and… Read More

April 19, 2026 @ 5:19 pm By Omar Faridi  |  

American Express (NYSE: AXP) appears to be quietly rewriting the rules of corporate expense management by agreeing to acquire Hyper, a specialist in agentic AI tools that automate everything from receipt categorization and policy checks to report filing and budget alerts. Financial terms of the… Read More

February 6, 2026 @ 6:20 am By Tony Zerucha  |  

American Express has introduced Flexible Payment Option, a feature designed to offer businesses greater ability to manage and control their cashflow needs with an instant line of credit. Flexible Payment Option is available for new American Express Business Platinum and Gold Cardmembers, allowing them to repay… Read More

October 9, 2025 @ 4:03 pm By Omar Faridi  |  

A recent report highlights fintech startup Ramp‘s seemingly aggressive push to disrupt American Express‘ current dominance in the $2 trillion U.S. corporate and small-business credit card sector. Founded in 2019 by Eric Glyman and Karim Atiyeh, Fintech firm Ramp has scaled to $1 billion in… Read More

September 16, 2025 @ 8:48 am By Omar Faridi  |  

American Express (NYSE: AXP) has introduced a feature allowing U.S. cardholders to amass virtual passport stamps as blockchain tokens. Dubbed the Amex Passport, this initiative transforms everyday journeys into enduring digital artifacts, minted on the Ethereum Layer-2 network Base. Announced as part of enhancements to… Read More

April 2, 2025 @ 11:52 am By Luke Gebb  |  

Startups have a reputation for disruption for good reason—they’re fast-paced, agile, and have delivered some of the most innovative products of the last decade from social platforms to Generative AI. Large corporations, on the other hand, have a reputation for falling behind, beholden to bureaucracy,… Read More

March 14, 2025 @ 5:32 am By Michael Wong  |  

American Express announced that it has agreed to acquire Center, a software firm focused on modernizing expense management, in a deal aimed at creating a seamless platform that integrates corporate and small business card programs with automated accounting and reconciliation tools. American Express expects to… Read More

February 26, 2025 @ 8:22 am By Omar Faridi  |  

American Express (NYSE: AXP) and Alipay announced a feature aimed at enhancing payment convenience for travelers in China. Eligible global American Express Card Members can link their Cards to the Alipay digital wallet, enabling payments at merchants across the Chinese mainland. This initiative simplifies transactions… Read More

November 8, 2024 @ 9:37 am By Omar Faridi  |  

American Express (NYSE: AXP) announced an API-powered data access agreement with MX Technologies, Inc. that will provide new digital banking options for customers without compromising their account security. American Express customers will now be able to better manage their personal finances and business expenses via… Read More

September 7, 2024 @ 10:50 am By Tony Zerucha  |  

Flutterwave, an African payments technology company, recently announced that its online merchants in Nigeria can now accept American Express payments. American Express Card Members – with consumer, business, or corporate cards – can make payments directly to e-commerce businesses using Flutterwave in Nigeria. This service… Read More

April 30, 2024 @ 10:24 am By Tony Zerucha  |  

Payhawk, a global spend management solution for domestic and international businesses throughout the United States, United Kingdom, and Europe, this week announced a new integration with American Express. It offers U.S. business and corporate card members the ability to issue virtual cards with built-in spend… Read More

February 27, 2024 @ 9:52 am By Omar Faridi  |  

The cost of acquiring new customers is 5-7X higher than retaining one, particularly in a tight economy. That is why Superlogic is announcing an exclusive opportunity for all American Express merchants to gain access to enterprise-grade loyalty and connected commerce software that will turbocharge customer… Read More

February 6, 2024 @ 10:42 am By JD Alois  |  

With the addition of American Express, Fyle says it now allows instant visibility on expense management across any business card. Fyle already integrates with Visa and Mastercard. Many firms are still managing expenses manually, believe it or not. Fyle also allows users to submit receipts… Read More

December 22, 2023 @ 4:25 am By Omar Faridi  |  

American Express (NYSE: AXP) announced it is expanding Card Member and Merchant protection by launching SafeKey EMV 3-D Secure 2.3 capabilities. American Express is the first network “to upgrade to SafeKey 2.3, underscoring its commitment to providing a secure checkout experience.” Through SafeKey 2.3, American… Read More

November 9, 2023 @ 10:45 pm By Omar Faridi  |  

American Express (NYSE:AXP) announced that American Express Business Checking is now available to any eligible U.S. small business, “offering a digital banking experience with no monthly maintenance fees, 24/7 service, and the ability to earn and redeem Membership Rewards points with select travel partners and… Read More

September 25, 2023 @ 9:00 am By JD Alois  |  

American Express (NYSE:AXP) has announced a new cash management service available for SMEs. According to a release from the company, the new feature is available for business card users and aims to help them efficiently manage their cash flows, plan future finances through external account… Read More

September 7, 2023 @ 3:11 pm By Omar Faridi  |  

In the inaugural Small Business Financial Confidence Report, it was revealed that 54% of small business owners surveyed stated they “felt very confident in their ability to make sound growth decisions.” The latest data polled and shared by American Express (NYSE: AXP) two months later… Read More

August 6, 2023 @ 12:11 pm By Omar Faridi  |  

Skipify, a Fintech company redefining the checkout experience, has teamed up with American Express (NYSE: AXP) in order “to connect Amex U.S. Consumer Members’ Cards seamlessly into checkout.” Skipify’s technology, launching exclusively with American Express, identifies select Amex customers via their email address, “enabling them… Read More

June 23, 2023 @ 10:41 am By Omar Faridi  |  

PayEm, a global procurement and spend management company, recently announced a new integration with American Express (NYSE: AXP). The integration allows American Express Corporate and Business Card Members “the ability to create and distribute on-demand virtual Cards to employees, freelancers, candidates, or other authorized users for… Read More