American Express’s Rise in Billed Business and other Digital Transactions News briefs from 7/18/25

American Express Co. reported a 7% year-over-year rise in billed business in its June quarter, to $416.3 billion, while revenue increased 9% to a record $17.9 billion. But net income sank 4% to $2.89 billion. For the year’s first half, billed business rose 6% to $803.7 billion. Net income was static at $5.47 billion.
Self Storage Manager, a software provider for the self-storage business, has launched a system using interactive voice-response technology to accept payments from storage customers.
China’s UnionPay International payments network launched new offers for international travelers, including merchant discounts and cashback offers.
Citicorp and Ant International said they are testing Ant’s Falcon Time Series Transformer in an effort to develop better risk management in foreign exchange and support a wider range of payment technologies for airlines.
Pavilion Payments, a specialist in payments for the gaming industry, said it has acquired CasinoSoft, a provider of software for various gambling-related tasks, including compliance with anti-money laundering. Terms were not disclosed.

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