Tag: Amex

Activity, Channels, Corporate Banking

Goldman Sachs, AmEx debut corporate payments service

October 20, 2021

Via: Payments Dive

American Express and Goldman Sachs announced a collaboration on Wednesday to offer AmEx’s virtual cards through Goldman’s corporate banking platform, Goldman Sachs Transaction Banking (TxB). The new digital offering aims to make business-to-business (B2B) payments easier and more streamlined for […]

Activity, Channels, Corporate Banking

AmEx, Synchrony bid to wrest Amazon card portfolio from JPMorgan Chase

June 9, 2021

Via: Banking Dive

American Express and Synchrony are among the bidders looking to replace JPMorgan Chase as the issuer of Amazon’s co-branded credit card, Bloomberg and Reuters reported Tuesday. JPMorgan could get a 15% premium on top of the balance — which is […]

Activity, Corporate Banking, Regulations

US federal agencies probe Amex’s SME and consumer cards sales practices

February 16, 2021

Via: FinTech Futures

Amex received a grand jury subpoena from the United States Attorney’s Office for the Eastern District of New York related to its small business cards sales practices, according to Business Insider. The Consumer Financial Protection Bureau (CFPB) is also seeking […]

Retail Banking

Amex Creates New Tools to Entice Debt-Wary Consumers

September 1, 2017

Via: Bank Innovation

American Express has tailored new features aimed at luring more budget-conscious consumers into taking on credit card debt. The features, announced yesterday, include an option that allows users to separate bigger financial transactions from smaller, everyday purchases — separating the […]

Retail Banking

Amex offers credit card users new ways to pay

August 31, 2017

Via: Banking Exchange

In a bid to add appeal for millennials, American Express has introduced two new options for paying with selected credit card accounts. With “Pay it” users can pay at point of sale with their mobile app and decide to have […]

Activity, Investment Banking, Retail Banking

InComm to buy Serve platform, become exclusive Amex prepaid distributor

August 25, 2017

Via: Banking Technology

American Express and InComm have entered into an agreement for InComm to acquire the exclusive distribution rights of Amex’s prepaid reloadable and gift card products in the US, including Bluebird and Serve, reports Banking Technology‘s sister publication Paybefore. InComm also […]