Tagged: american express

April 8, 2022 @ 12:38 pm By Omar Faridi  |  

American Express (NYSE:AXP) and i2c Inc, a provider of virtual payment and banking tech, announced an expanded global, multi-product agreement that will enable Fintech firms and financial institutions around the world “to develop and scale innovative payments solutions for consumers and businesses on the American… Read More

March 16, 2022 @ 1:56 pm By Omar Faridi  |  

American Express (NYSE: AXP) has reportedly filed trademark applications in order to register its official name, logo, as well as its slogans for a range of banking services in the Metaverse. In an applications submitted this month, reviewed by Metaverse trademark attorney Michael Kondoudis, Amex… Read More

March 6, 2022 @ 1:46 pm By JD Alois  |  

American Express (NYSE:AXP), Mastercard (NYSE:MA), and Visa (NYSE:V) have all halted operations in Russia following the country’s unprovoked invasion of Ukraine. The news of the three card issuers disabling services has followed global sanctions being applied by Russian President Vladimir Putin and his rogue regime…. Read More

January 29, 2022 @ 3:57 pm By Omar Faridi  |  

Finmark, the financial modeling software provider for startups, has announced new funding from American Express Ventures, which is the strategic investment group of American Express (NYSE: AXP). Amex Ventures joins several other existing investors, which reportedly includes Draper and Associates, Bessemer Venture Partners, and IDEAfund… Read More

January 26, 2022 @ 8:33 am By Omar Faridi  |  

American Express (NYSE: AXP) Chair and Chief Executive Stephen Squeri seems to have been proven right for his careful approach to introducing digital currency services via the payment company’s platform. In statements shared with Yahoo Finance, Squeri remarked: “What I’ve said from the beginning is… Read More

January 7, 2022 @ 9:13 am By JD Alois  |  

Piper Sandler, a financial services firm based in Minneapolis, has surveyed teens for more than 20 years. The company researches trends regarding brand purchases and activities that may aid in discerning the rising or declining popularity of the firms that provide these products. CI recently… Read More

October 30, 2021 @ 4:25 pm By Omar Faridi  |  

American Express (NYSE: AXP) has introduced its Business Checking account intended for SMEs operating in the US. This all-digital Business Checking account aims to provide a secure, high-yield, and low fee virtual banking experience with a competitive APY of 1.1% on balances of up to… Read More

October 6, 2021 @ 8:08 pm By Tony Zerucha  |  

The value of hacked PayPal accounts has surged in 2021, while verified cryptocurrency accounts will cost you a pretty penny, research analyzed and originally published by wette.de reveals. In September, such an account was worth 9.2 cents for every dollar in the account. That is… Read More

October 3, 2021 @ 6:17 pm By Omar Faridi  |  

American Express (NYSE: AXP) has introduced AmexExpense, an all-digital expense management tool for companies. Currently available for all UK Business Gold and Platinum cardmembers, the free-to-download app is aimed at simplifying the expense administration process by eliminating the requirement to hold onto paper receipts and… Read More

September 20, 2021 @ 11:27 am By JD Alois  |  

In mid-2020, Kabbage, one of the best-known online lenders for SMEs in the US, was acquired by American Express (NYSE:AXP). At that time, co-founders Rob Frohwein and Kathryn Petralia said this was their first time sitting in the seat of the entrepreneurs selling a company… Read More

August 27, 2021 @ 11:37 am By Omar Faridi  |  

i2c Inc., a provider of virtual payment and banking tech, reveals that it has teamed up with Credijusto, a technology-enabled SME lender in Mexico. Through the partnership, the firms will offer seamless credit services for the nation’s SMBs via the Covalto American Express credit card… Read More

August 25, 2021 @ 2:50 pm By Omar Faridi  |  

Small businesses’ average total sales reached 80% of pre-COVID levels, according to a recent Kabbage Survey. COVID-19 vaccination rates among small business owners have outpaced the US national average while issues with recruitment and reopening protocols “persist,” the Kabbage team noted earlier this month. Kabbage,… Read More

June 14, 2021 @ 11:42 am By JD Alois  |  

Kabbage, an online lending Fintech that was acquired by American Express (NYSE:AXP) has announced the launch of “Kabbage Checking,” said to be the first business checking account offered by American Express and built for U.S. small businesses. To help encourage uptake of the new service,… Read More

May 16, 2021 @ 11:06 pm By Samantha Hurst  |  

  American Express recently announced it is giving its U.S. consumer card members the option to Buy Now Pay Later (BNPL) for their air travel. American Express reported that members may now book flights at AmexTravel.com and pay later using Plan It at checkout “Integrating Plan It directly into the checkout experience will… Read More

May 12, 2021 @ 7:56 am By Samantha Hurst  |  

Tink, a Sweden-based fintech that provides APIs to create next-generation banking services, announced on Tuesday it has entered a European open banking partnership with American Express to improve the onboarding process for new cardmembers. Through the partnership, Tink will integrate open banking technology into the… Read More

January 3, 2021 @ 9:00 pm By Timothy Li  |  

Fintech enthusiasts welcome back to my 5th annual “Top Ten” Fintech prediction series. This year I’ve met a lot of powerful movers and shakers in the Fintech space. My take away from these meetings and interactions is how little do I know about this ever-expanding… Read More

December 16, 2020 @ 1:23 pm By Samantha Hurst  |  

FalconX, a U.S.-based digital asset trading platform, announced on Wednesday it secured an investment from American Express Ventures. According to FalconX, American Express Ventures joined existing investors Accel, Accomplice VC, Coinbase Ventures, Fenbushi Capital, Flybridge Capital Partners, Lightspeed Venture Partners, and Avon Ventures, a venture… Read More

November 23, 2020 @ 10:44 am By Samantha Hurst  |  

American Express (NYSE: AXP) recently announced the participants of its “100 for 100” Black Women Entrepreneur program. According to American Express, the program will provide each participant with $25,000 and 100 days of business resources, including business education, mentorship, marketing, virtual networking, WorkSpaces by Hilton… Read More

November 16, 2020 @ 11:12 am By JD Alois  |  

American Express (NYSE:AXP) has announced improvements to its supply chain product. Originally launched in 2018, Early Pay allows companies and their suppliers the ability to pay and get paid through a digital platform.  Early Pay provides suppliers the ability to optimize their cash flow by… Read More

November 13, 2020 @ 10:18 pm By Samantha Hurst  |  

  PayPal (NASDAQ: PYPL) announced on Thursday it has introduced an Amex Send and Split feature. The company reported that this is a new way for it and Venmo customers to send money and split purchases. “We’re always looking for new and exciting ways to make… Read More