The Business Times

American Express

Banking & Finance

Citi charges US$595 for ‘Strata Elite’ credit card to rival Amex, Chase

ccess to Amex’s global lounges is one of the benefits linked to the Platinum card.
Banking & Finance

American Express plans ‘largest investment ever’ in platinum credit card

The credit card giant’s profit was US$2.58 billion, or US$3.64 per share, for the three months ended March 31, compared with US$2.44 billion, or US$3.33 per share, a year earlier.
Banking & Finance

AmEx profit rises on resilient card spending

The Platinum Card by American Express ensures seamless transitions between business and leisure.
Lifestyle
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Power moves: How to transform your work week and live your best life beyond business hours

From 2018 to 2021, Amex misled customers in sales pitches about the tax benefits of wire transfer products known as Payroll Rewards and Premium Wire.
Banking & Finance

American Express to pay US$230 million to settle US charges over deceptive sales practices

FILE PHOTO: Credit card is seen in front of displayed American Express logo in this illustration taken, July 15, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
Companies & Markets

AmEx profit beats estimate on robust customer spending

AmEx’s profit was US$3.02 billion, or US$4.15 per share, for the three months ended Jun 30, 39 per cent higher than a year earlier.
Banking & Finance

AmEx’s quarterly profit beats estimates on robust spending

The court found that American Express Australia distributed two credit cards primarily to customers in stores of luxury brand David Jones between late May and early July in 2022 without appropriately determining the target market.
Banking & Finance

Australian court fines AmEx A$8 million over breach of credit card rules

The deal underscores AmEx’s push to build its prowess in the travel and entertainment market, which is one of the biggest spending categories on its cards.
Consumer & Healthcare

American Express to buy restaurant booking platform Tock for US$400 million

EBay has lost significant market share to other e-commerce giants in recent years.
Consumer & Healthcare

eBay to stop taking American Express cards after fee dispute

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