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American Express
American Express buys Israeli B2B payments automation start-up Nipendo
Amex plans to “integrate Nipendo’s team, technology and capabilities” to boost its B2B payments offerings.
FinTech Futures Jobs: This is why remote work makes imposter syndrome worse
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Sibos 2022: Breaking new ground – banking in the metaverse
“If you’re going to be in the metaverse, it starts with a purpose,” Accenture’s Michael Abbott explains.
FinTech Futures: Top five stories of the week – 26 August 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Reserve Bank of India lifts onboarding restrictions on American Express
The RBI imposed restrictions on the US card issuer in May 2021, denying it the ability to onboard new customers.
How open banking payments will help businesses keep up
With open banking, businesses have what they need to provide a frictionless checkout experience.
FinTech Futures: Top five stories of the week – 5 August 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
American Express launches cross-border payments solution for US SMBs
The Global Pay platform is currently available to US American Express small business card members.
FinTech Futures: Top five stories of the week – 17 June 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
AmEx and Goldman Sachs partner to deliver cloud-based corporate payments platform
The platform will support multiple payment options and offer data and analytics dashboards.
Plaid announces Series D extension featuring AmEx and JP Morgan
CEO Zach Perret says its new backers are “storied companies”.
American Express debuts checking account product for small US businesses
The product has been developed by recent AmEx acquisition Kabbage.
Video: pick of the week – UK regulators not happy with some fintechs and AmEx
A top pick of stories from the world of finance and tech in bitesize video format, twice a week.
UK regulator fines AmEx over sending four million unsolicited emails
Subscribers “had not provided adequate consent” for a portion of the 50 million messages Amex sent in 2019.
Video: pick of the week – Tink and AmEx team up; Commerzbank agrees 10,000 job cuts
A top pick of stories from the world of finance and tech in bitesize video format, twice a week.
Tink and American Express sign European open banking deal
New AmEx customers will “seamlessly connect” to their accounts.
Codat secures investment from Amex and PayPal
Codat gains big backers as it gears up for US launch.
US federal agencies probe Amex’s SME and consumer cards sales practices
Several US federal agencies are probing American Express, according to a regulatory filing.
TrueLayer nabs former Amazon and AmEx exec as new CPO
Ossama Soliman joins TruLayer as its new chief product officer.
AmEx and Amazon launch co-branded credit cards for UK SMEs
The programme targets businesses with less than $10 million in annual revenue.
American Express acquires SoftBank-backed Kabbage
Reports earlier this month put the value of the acquisition at up to $850 million.
American Express looks to buy US fintech lender Kabbage
Kabbage was last valued at more than $1 billion.
AmEx, Visa, Mastercard and Discover to launch Click to Pay globally
Group claims 10,000 merchants on board in US.
solarisBank enables instalments for German AmEx customers
AmEx users can spread payments of more than €300.
American Express first foreign credit card player to launch in China
AmEx won initial approval in 2018 for a bank card clearing licence in China.
American Express partners with Coupa for virtual card integration
Amex cards will be available to Coupa clients from late 2019 onwards.
Click to Pay e-commerce solution launched by Amex, Mastercard, Visa
Card schemes aim to reduce online payments friction in US.
Amex admits to data breach from employee trying to commit fraud
Card numbers and social security numbers were compromised.
Video: fintech news weekly round-up – 30 August 2019
FinTech Futures and KAE, a strategic marketing consultancy firm, have teamed up to bring you short and sweet round-ups of the week’s selected news stories – in a video format. The latest weekly video covers: Apple Card launches AmEx, Citi and Goldman invest in digital mortgage startup Better.com JP Morgan to shut down Chase Pay […]
Amex to acquire digital payment automation platform Acompay
The deal should close later this year.
Payments Industry Steps up to Help Harvey Victims
Several payments companies have announced efforts to help the victims of Hurricane Harvey in Texas and Louisiana, including monetary donations, interchange fee waivers and m-POS equipment.
Earnings Roundup: Amex, BofA, Blackhawk, Visa
It was a busy week for second- and fiscal third-quarter earnings reports, with American Express, Bank of America and Visa all beating Wall Street expectations, and Blackhawk Network, which also beat analyst predictions, talking international growth, double-digit digital gift card sales and new partner Target set to roll out in Q3.
Amex Taps Virtual Cards for Business Travel Expenses
American Express is the latest payments company to recognize the benefits of enabling virtual account numbers for business travel. The addition of virtual account numbers enables businesses to set usage dates and pre-authorize spending limits at the time of booking, helping reduce fraud and encourage compliance with company travel policies, Amex said.
Proposed M-Wallet Rules Don’t Hinder Samsung Pay Launch
While the Indian government works toward a digital economy, the Reserve Bank of India is soliciting feedback through March 31 on guidelines for prepaid payment instruments that could adversely affect issuers of prepaid products, including mobile wallets.
