Amex Online Platform Targets Small Businesses
The Amex program, called Working Capital Terms, will offer loans from $1,000 to $750,000.
Synchrony Loss Warning Jars Market
Is a new round of consumer credit losses on the way for financial institutions?
(Specialized) Help Wanted
Around the globe, companies’ hiring plans are targeting their most critical needs, according to a new survey.
AmEx’s Q1 Profit Falls, But Cardholders Spend More
AmEx also added roughly 5.4 million new credit card accounts in the U.S., helping revenue to rise 2% to $8.09 billion.
American Express to Slash $1B in Expenses
The company is combining its banking, risk, and legal organizations into a single group and appointing a new chief risk officer.
AmEx Stock Slump Continues on Q4 Report
The shares slump nearly 12% as AmEx CEO Ken Chenault says the company is now "operating in a new reality."
Activist Investor Takes $1B Position in AmEx
ValueAct Capital is the latest example of activists “moving up the corporate food chain toward larger targets” as their financial firepower increases.
Antitrust Loss Forces Change in AmEx Policy
Merchants who accept AmEx cards are no longer banned from steering customers to Visa and MasterCard.
CFOs’ Growth Forecasts Diverge
Confident of economic expansion, U.S. finance executives plan to increase outlays 8% this year, according to the Amex/CFO Research global spending monitor.
Business Travel Prices to Rise Modestly in 2015
In North America, airline yields continue to improve and seat availability continues to tighten.
Banks Give Apple a Break on Mobile Transaction Fees
By beefing up security on mobile wallet transactions, Apple wins fee discounts from credit card issuers.