American Express

The American Express Company, also known as Amex, is an American multinational financial services corporation headquartered in Three World Financial Center in New York City. The company was founded in 1850 and is one of the 30 components of the Dow Jones Industrial Average.

(source: americanexpress.com)

Credit Card Delinquencies Keep Hovering Above Pre-COVID Levels
Credit Card Delinquencies Keep Hovering Above Pre-COVID Levels
January 29, 2024  |  Credit Cards

America’s credit card companies ended December with delinquencies and charge-off rates essentially unchanged from November. And as a Monday (Jan. 29) Seeking Alpha report notes,...

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Amex: Millennial and Gen Z Spending Surges 15%, Delinquencies Up Slightly
Amex: Millennial and Gen Z Spending Surges 15%, Delinquencies Up Slightly
January 26, 2024  |  Earnings

The enthusiasm to tap into credit lines and to spend on experiences continues unabated — and has been illuminated in stark relief by the latest...

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Chime, Citi Mobile Lead Provider Ranking of Credit Card Apps
Chime, Citi Mobile Lead Provider Ranking of Credit Card Apps
January 23, 2024  |  Mobile Applications

Valentine’s Day is almost here. Want to buy your sweetheart that special something they’ve been eyeing, but need a financial boost? PYMNTS is here to...

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Higher Ed Redefines Fraud Strategies for the Connected Campus
Higher Ed Redefines Fraud Strategies for the Connected Campus
January 18, 2024  |  Safety and Security

The integration of digital technologies, data networks and smart devices within the university ecosystem is transforming campuses into connected entities. And amid this transformative shift...

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American Express Faces Class-Action Lawsuit on Rules for Merchants 
American Express Faces Class-Action Lawsuit on Rules for Merchants 
January 10, 2024  |  Legal

Debit card users in nearly a dozen states have been granted the ability to pursue class-action claims against American Express.  This follows a Tuesday (Jan. 9)...

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CE 100 Index: AI, Banks and BNPL Names Were Standouts During 2023’s 42% Rally 
CE 100 Index: AI, Banks and BNPL Names Were Standouts During 2023’s 42% Rally 
January 04, 2024  |  Connected Economy

The CE 100 Index soared in 2023, largely on the wings of widespread rallies among banking and buy now, pay later (BNPL) names, up double...

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Mid-Sized Firms Lag Enterprise Peers in Automating Payments and Receivables
Mid-Sized Firms Lag Enterprise Peers in Automating Payments and Receivables
December 29, 2023  |  Accounts Payable

More than 90% of mid-sized firms — those annually generating $3.5 million to $15 million in revenue — that plan to further automate their accounts...

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72% of Consumers Plan to Shop With Small Businesses This Holiday Season
72% of Consumers Plan to Shop With Small Businesses This Holiday Season
December 21, 2023  |  Digital Payments

Surpassing all expectations, consumers turned up in record numbers for this year’s Black Friday weekend, the traditional kickoff to the holiday shopping season in the...

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B2B Extinction Event: Can Electronic Payments Automate Away Paper Checks?
B2B Extinction Event: Can Electronic Payments Automate Away Paper Checks?
December 20, 2023  |  B2B Payments

The year is 2023, almost 2024, and we are decidedly in the digital era.  After all, things like artificial intelligence (AI), space travel, gene-editing, and...

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