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- American Express Co., reported 2025 revenue of $72.2 billion, up 9% year-over-year. Fourth-quarter revenue totaled $19 billion, up 10%. Net income came to $2.46 billion for the quarter and $10.8 billion for the year, up 13% and 7%, respectively. Revenue from discount fees was $37.4 billion for the year, a 6% rise from 2024, and just shy of $10 billion for the quarter, up 8%. Discount fees are the fees merchants pay for card acceptance.
- Expedia Group Inc., which includes the Expedia, Hotels.com, and Vrbo brands, expanded and lengthened its deal with Affirm Holdings Inc. to offer Affirm’s buy now, pay later payment options. Also, Affirm will be available in Canada at select locations via Expedia in coming weeks, it said.
- Commerce.com Inc., the parent company of e-commerce platform BigCommerce, said it is expanding its integration with Stripe Inc. to include access to Stripe’s Optimized Checkout Suite for BigCommerce merchants. The integration enables payment alternatives such as buy now, pay later and regional payment services.
- Square Inc. said 7 Leaves Café, a chain of 44 U.S. locations, has adopted its Square Register, Square Handheld, and Square Loyalty technologies. Square is a unit of Block Inc.
- The PCI Security Standards Council released its inaugural Annual Report that reviews the council’s work over the past year.
- Edge Boost, a betting-only debit card platform, said it now allows U.S. users to make crypto to USD conversion into its deposit accounts for U.S. gaming and betting.
- Mastercard Inc. said it is co-producing and premiering a song from musician Noah Kahan and music video during Sunday’s televised Grammy Awards ceremony.
- OnePay, a platform whose services include credit cards and cryptocurrency offerings, appointed Patrick O’Connell chief financial officer. He will join the company in March upon the end of his employment at AMC Networks.
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