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Visa’s Kelly Stresses Stability; AmEx’s Double-Digit Growth; Plus Weekly Recap
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AmEx Posts a Double-Digit Rise in ’22 Volume But Faces Queries About Its Card Take
American Express Co., whose travel-and-entertainment focus took a beating during the pandemic and is now rebounding, reported strong growth early Friday for its latest quarter, but left at least some equity analysts questioning whether the growth is strong enough. Analysts zeroed in on revenue growth and card-acquisition rates, in particular, …
Read More »Airwallex Enlists Plaid’s Know-how; SMBs Like Their AmEx Cards; Limited U.S. Growth in 2023
Small Business Owners Most Like AmEx, Closely Followed by Chase and BofA
A new report from J.D. Power finds that small-business owners, struggling to offset inflation’s impact and supply-chain issues, continue to rely on their credit cards. American Express Co. cards for small businesses scored highest in the 2022 U.S. Small Business Credit Card Satisfaction Study from J.D. Power. This is the …
Read More »Eye on E-Commerce; Thales Launches Voice Payment Card; AmEx Business Link Debuts
AmEx Business Link Debuts And Other Digital Transactions News briefs from 12/1/22
American Express Co. announced AmEx Business Link, a business-to-business payments ecosystem for network issuing and acquiring clients to offer their business customers. Payments provider Newtek Business Services said it has received conditional approval from the Office of the Comptroller of the Currency to close on its acquisition of the National Bank of New …
Read More »Square’s AmEx Card Coming; Google Wallet Now in 57 Countries; The Perilous Language of Fraud
Square Is Teaming With AmEx to Offer a Credit Card for Square Merchants
Merchants in the United States that use Square’s point-of-sale technology and also accept American Express will be getting a credit card from Square in coming months that will run on AmEx’s network. The so-called Square Credit Card is said to be the first credit card the Block Inc. unit has …
Read More »Transactions Alone Not Enough for Gateways; AmEx Taps TikTok for SMB Push; Klarna Added to Viva Wallet
AmEx Partners With TikTok To Drive Sales At Small Businesses
American Express Co. is working with the popular social-media platform TikTok to launch the #ShopSmall Accelerator, a program intended to help small-business owners reach a new generation of shoppers on Small Business Saturday, Nov. 26, and throughout the rest of the holiday-shopping season. The deal will provide business owners with …
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