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American Express
Latest Headlines
Latest Headlines
Gordon Smith: JPMorgan Chase credit card guru
In these tough times for consumer lenders, it's hard to believe that one possible successor to J.P. Morgan Chase CEO Jamie Dimon is Gordon Smith, who is in charge of the bank's credit card operations and undertaking an ambitious expansion effort.
Reuters notes that Chase's credit card busi
More banks push customers to credit cards
With the effects of the Durbin Amendment still dawning on the card industry, we're seeing a shift by some banks to once again emphasize credit cards over debit cards. Bank credit card issuance has grown markedly recently.
According to Equifax, the number of new bankcards issued increased 27 pe
P2P looms large for banks bent on mobile leadership
The race to create a new-era mobile transaction system has generated a lot of hype over the last year, as the likes of ISIS, Google, American Express and several start-ups made their moves. But in
ISIS to take the pole position in NFC Derby?
The news that ISIS--the mobile payments network set up by the AT&T, T-Mobile and Verizon--has partnered with the top card companies was hardly a surprise. A few months ago, the ballyhooed
American Express launches low-fee prepaid card
American Express seems to be trying to create a new niche with its prepaid card. You might call it a low-fee prepaid card, a term that--until now anyways--would've been considered an oxymoron.
Prepaid cards from the likes of industry leaders Green Dot and NetSpend are known for their rich arra
PayPal most trusted digital wallet payment service
As the digital wallet race unfolds, we're seeing the credit card companies assert themselves with more vigor. Witness the American Express and Visa announcements as of late. PayPal has basked in the
Epsilon breach should strike fear in hearts of companies
The breach at Epsilon, the Dallas online marketing vendor to more than 2,000 businesses, generated a lot of headlines. Should companies be all that worried? In one view, this is a much less serious
American Express launches new Revolution Money platform
Is it futile to compete with PayPal? That's not easy to answer, but it will be interesting to watch a traditional payment company, American Express, try to make in-roads against an acknowledged
Credit card economy penalizes lower-income customers
A Washington Post columnist weighs in with an interesting look at credit card economics and the role of credit card companies in the consumer economy. Plenty of people have noticed rebate programs seem to be getting more lucrative, as card companies will increasingly rebate up to 5 percent of
American Express deal focuses on merchant security
For traditional card companies to become online payment powers they will have to address security issues. If they are smart, they will find ways to make security a huge competitive advantage,
