The Amex program, called Working Capital Terms, will offer loans from $1,000 to $750,000.
Is a new round of consumer credit losses on the way for financial institutions?
Around the globe, companies’ hiring plans are targeting their most critical needs, according to a new survey.
AmEx also added roughly 5.4 million new credit card accounts in the U.S., helping revenue to rise 2% to $8.09 billion.
The company is combining its banking, risk, and legal organizations into a single group and appointing a new chief risk officer.
The shares slump nearly 12% as AmEx CEO Ken Chenault says the company is now "operating in a new reality."
ValueAct Capital is the latest example of activists “moving up the corporate food chain toward larger targets” as their financial firepower increases.
Merchants who accept AmEx cards are no longer banned from steering customers to Visa and MasterCard.
Confident of economic expansion, U.S. finance executives plan to increase outlays 8% this year, according to the Amex/CFO Research global spending monitor.
In North America, airline yields continue to improve and seat availability continues to tighten.
By beefing up security on mobile wallet transactions, Apple wins fee discounts from credit card issuers.
News sources are reporting that American Express, Visa and MasterCard might be teaming with Apple to create a market-changing mobile wallet.
