Tagged: american express

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

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

American Express Improves Supply Chain Finance Product with Digital Payment Solution

American Express (NYSE:AXP) has announced improvements to its supply chain product. Originally launched in 2018, Early Pay allows companies and their suppliers the ability to pay and get paid through a digital platform.  Early Pay provides suppliers the ability to optimize their cash flow by… Read More

PayPal Introduces New Amex Send And Split Feature

  PayPal (NASDAQ: PYPL) announced on Thursday it has introduced an Amex Send and Split feature. The company reported that this is a new way for it and Venmo customers to send money and split purchases. “We’re always looking for new and exciting ways to make… Read More

American Express and Coupa to Expand Partnership to Bring Virtual Card Payments to US Markets

American Express (NYSE:AXP) and Coupa have announced that they’ll be expanding their existing partnership in order to bring virtual card payments to the US. According to a release, the American Express virtual Card payment option within Coupa Pay is now available globally, allowing companies to… Read More

American Express and Amazon Offer Co-Branded Card in UK

American Express (NYSE:AXP) and Amazon (NASDAQ:AMZN) have partnered on a new card that is designed for small businesses. The card is said to “offer rich rewards and access to flexible payment terms to help them better manage their finances.” The two cards available are the… Read More

Online SME Lender Kabbage Acquired by American Express

Kabbage, one of the best known online lenders in the US, has signed an agreement to be acquired by American Express (NYSE:AXP). Rumblings of a potential deal between the two parties have been circulating for some time now. In a public statement, American Express said… Read More

Yapily Teams Up With American Express to Enable Open Banking Payments Across Europe

Yapily, a UK-based open banking infrastructure provider, announced on Thursday it has joined forces with American Express to deliver its Pay With Bank Transfer payment initiation service across Europe. According to Yapily, the partnership with allow American Express to reach new markets with its open… Read More

German Banking Platform SolarisBank Teams Up With American Express For Installment Product

Germany-based banking platform SolarisBank announced on Thursday it has formed a partnership with American Express for a new installment product, “Splitpay.” SolarisBank reported that for the first time, members of a personal American Express Card in Germany will be able to use an installment option… Read More

Revolut Announces Addition of American Express to Open Banking Feature

Digital bank Revolut announced on Thursday the addition of American Express (AMEX) to its Open Banking feature. According to Revolut, the feature allows the bank’s retail customers in the UK to connect their American Express and other banks accounts to Revolut, making it possible to… Read More

American Express Receives Clearing License in Mainland China

American Express (NYSE: AXP) announced over the weekend it secured a clearing license in the midland of China. According to the credit card giant, Express (Hangzhou) Technology Services Company Limited (Express Company)  received approval from the People’s Bank of China (PBOC) for the license and… Read More

Digital Bank Monzo Announces Appointment of Former American Express Executive Sujata Bhatia As COO, Pending Regulatory Approval

Digital bank Monzo has made more personnel changes, as it continues to strengthen its executive team. Sujata Bhatia, a former SVP and general manager, Europe at Global Merchant Services at American Express, will be serving as Monzo’s new chief operating officer. Bhatia will be replacing… Read More

OurCrowd backed Biometrics Firm BioCatch Secures $145 Million via Series C Round led by Bain Capital

Israel-based BioCatch, a behavioral biometrics firm, has secured $145 million in capital through a Series C investment round, which was led by Bain Capital Tech Opportunities. BioCatch is an OurCrowd portfolio company and the crowdfunding platform took part in this most recent round. Existing investors… Read More

American Express Launches Matching Donations Program to Raise Up to $1 Million For Communities Impacted By the Coronavirus Pandemic

American Express (NYSE: AXP) announced on Wednesday it is continuing its support of organizations combatting COVID-19 with the launch of a donation matching program to help feed local communities impacted in the U.S. The credit card giant reported that the program is part of its… Read More

Swisscard AECS, Provider of American Express, Mastercard, VISA Cards, Updates Early Collections Using FICO Analytics

Swisscard AECS, a company that provides American Express, Mastercard and VISA cards for private and business customers, has updated its early collections by using FICO analytics. This has reportedly resulted in a net 50% increase in revenue generated from billable collection expenses.  The update has… Read More

American Express and Coupa Announce Launch of Virtual Card for Payments within Coupa’s Business Spend Management Platform

American Express and Coupa announced on November 6 the launch of the American Express virtual Card, which will serve as a payment method within Coupa’s business spend management (BSM) platform.  According to release: “The new payment integration with Coupa Pay, a set of payment and… Read More

American Express Reimagines Corporate Program; Announces Custom Offering For Startups

American Express (NYSE:AXP) announced on Thursday it has reimaged its American Express Corporate Program with new offerings to meet the needs of both companies and their employees. The new suite of products includes  American Express Corporate Green, Gold, and Platinum Card. Each of the cards will… Read More

American Express Announces Plans to Launch Open Banking Product For UK Consumers

American Express (NYSE: AXP) announced on Monday its plans to launch an open banking product that will enable UK customers to pay for online purchases with a bank transfer. According to American Express, Pay With Bank Transfer will be a real-time payment option to current… Read More

American Express Announces Acquisition of Digital Automation Platform Acompay

American Express (NYSE: AXP) announced on Wednesday it signed an agreement to acquire acompay, a digital payment automation platform from ACOM Solutions, Inc. that helps business customers make supplier payments easily and securely, manage business spend, and improve cash flow. According to American Express, acompay… Read More

American Express Teams Up With Bill.com to Launch Vendor Payment Processor “Vendor Pay”

American Express (NYSE: AXP) announced on Tuesday it has teamed up with Bill.com to launch its new project, Vendor Pay. According to American Express, Vendor Pay couples automating your accounts payable (AP) process with the ability for businesses to pay vendors with their American Express Business or… Read More

Oops. Curve Adds American Express to its Service, Amex Shuts it Done Immediately [u]

In a hugely embarrassing shift of events, Fintech Curve has been blocked by American Express. The smart card that “combines all of your credit and debit cards on a single card” announced this week that Amex was back following several months were the credit card was not… Read More

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