Amex

Russian Central Bank Pulls Amex Subsidiary’s Banking License
Russian Central Bank Pulls Amex Subsidiary’s Banking License
August 13, 2024  |  Credit Cards

Russia’s central bank has reportedly canceled the banking license of the in-country subsidiary of American Express. As Reuters reported Tuesday (Aug. 13), the central bank did so at...

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Amex Courts Gen Z and Millennial Diners With Gold Card Updates
Amex Courts Gen Z and Millennial Diners With Gold Card Updates
July 25, 2024  |  Credit Cards

American Express is hoping to attract younger consumers with its latest card update. Amex on Thursday (July 25) announced a new version of its Consumer Gold Card, offering...

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Amex Earnings: Gen Z, Millennials Drive Credit Card Volume Growth
Amex Earnings: Gen Z, Millennials Drive Credit Card Volume Growth
July 19, 2024  |  Earnings

American Express earnings released on Friday (July 19) show that consumers continue to spend on experiences — particularly on dining out, and that momentum belongs...

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Amex Urges Merchants to Embrace Digital Loyalty’s Hyper-Personalization Mandate
Amex Urges Merchants to Embrace Digital Loyalty’s Hyper-Personalization Mandate
July 17, 2024  |  Loyalty & Rewards

If a business doesn’t meet its customers’ needs, its competitors will be happy to. That’s increasingly the reality for businesses today. In an era where...

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EBay Cutting Amex Ties Over Card Fees
EBay Cutting Amex Ties Over Card Fees
June 05, 2024  |  Credit Cards

Arguing its fees are too steep, eBay is dropping American Express (Amex). The online marketplace will stop taking Amex as a payment option beginning Aug....

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Amex Teams With Emburse to Offer Virtual Card Issuance
Amex Teams With Emburse to Offer Virtual Card Issuance
May 21, 2024  |  B2B Payments

American Express (Amex) has teamed with travel and expense software provider Emburse. According to an Amex news release on Tuesday (May 21), customers can now connect their...

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60% of New Amex Accounts Are Opened by Gen Z, Millennials
60% of New Amex Accounts Are Opened by Gen Z, Millennials
April 19, 2024  |  Earnings

Younger, affluent consumers are showing notable resilience when it comes to spending on experiences and travel — and using their credit cards to do so....

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Amex GBT to Acquire Business Travel Solutions Provider CWT for $570 Million
Amex GBT to Acquire Business Travel Solutions Provider CWT for $570 Million
March 25, 2024  |  Acquisitions

American Express Global Business Travel (Amex GBT) agreed to acquire global business travel and meetings solutions provider CWT for $570 million. The planned acquisition would offer CWT’s 4,000 customers access...

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Ryft Enables UK Merchants to Accept American Express Card Payments
Ryft Enables UK Merchants to Accept American Express Card Payments
March 14, 2024  |  Partnerships

Ryft, a payment platform for marketplaces and digital platforms, has partnered with American Express. “We are now enabling our merchants within the UK to accept payments...

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