Tagged: american express

December 16, 2020 @ 1:23 pm By Samantha Hurst  |  

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

November 23, 2020 @ 10:44 am By Samantha Hurst  |  

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

November 16, 2020 @ 11:12 am By JD Alois  |  

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

November 13, 2020 @ 10:18 pm By Samantha Hurst  |  

  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

October 20, 2020 @ 11:44 pm By Omar Faridi  |  

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

September 29, 2020 @ 9:33 am By JD Alois  |  

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

August 18, 2020 @ 8:49 am By JD Alois  |  

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

August 13, 2020 @ 7:58 am By Samantha Hurst  |  

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

June 26, 2020 @ 8:17 am By Samantha Hurst  |  

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

June 25, 2020 @ 9:10 am By Samantha Hurst  |  

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

June 15, 2020 @ 8:00 am By Samantha Hurst  |  

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

May 2, 2020 @ 12:58 pm By Omar Faridi  |  

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

April 23, 2020 @ 8:40 pm By Omar Faridi  |  

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

March 25, 2020 @ 10:17 am By Samantha Hurst  |  

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

March 5, 2020 @ 12:15 am By Omar Faridi  |  

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

November 7, 2019 @ 11:05 pm By Omar Faridi  |  

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

October 18, 2019 @ 9:12 am By Samantha Hurst  |  

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

September 23, 2019 @ 9:46 am By Samantha Hurst  |  

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

August 1, 2019 @ 11:02 pm By Samantha Hurst  |  

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

February 5, 2019 @ 2:50 pm By Samantha Hurst  |  

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