American Express

Website building platform Squarespace is selling Tock, its restaurant reservation service, to American Express in a deal worth $400 million — the exact figure that Squarespace paid for the service…

Squarespace sells restaurant reservation system Tock to American Express for $400M

Four years after partnering with Apple on the launch of the Apple Card, Goldman Sachs may be eyeing the exits. The Wall Street Journal reports that Goldman is “looking for…

Goldman may be trying to bail on Apple Card

ChatGPT is getting all the attention as of late, but modern AI technologies have a range of use cases beyond finally making Bing useful. One emerging trend is putting AI…

Amex and Microsoft turn to AI to make expense reports less horrible
Fintech

India lifts ban on American Express

11:08 am PDT • August 24, 2022

India has lifted business restrictions on American Express, once again permitting the U.S. giant to onboard new customers in the South Asian market after the firm demonstrated “satisfactory compliance” with…

India lifts ban on American Express

Large banks are stepping up their game when it comes to new services and the technology that underpins them, and in many cases they are borrowing straight from the tech…

Able.ai exits stealth with $20M to help big lenders speed up making high-value loans
Fintech

India lifts ban on Mastercard

6:25 am PDT • June 16, 2022

India has lifted business restrictions on Mastercard, nearly a year after imposing the ban, once again allowing the cards giant to add new customers in the South Asian market after…

India lifts ban on Mastercard

Credit card companies are trying to sweeten the perks they offer their customers, and American Express is doing just that through a new partnership with crypto wealth management platform and…

The first US crypto rewards credit card on the American Express network is here

American Express has launched its first all-digital consumer checking account, the company announced on Tuesday. The new offering, American Express Rewards Checking, is currently available for eligible U.S. Consumer Card…

American Express launches its first all-digital consumer checking account

When Finmark founder Rami Essaid built a previous startup, he saw firsthand how hard it is to build accurate financial models. When he sold that startup, Distil Networks, to Imperva…

As Finmark finds its footing, it moves up market and takes on additional investment

Credit card companies are seeking to push further into the “buy now, pay later” (BNPL) market. American Express (Amex) announced today that it plans to partner with Opy, the U.S.…

American Express taps Opy for its first US third-party BNPL offering

American Express is branching out into financial planning, with a little help from a seven-person startup called BodesWell. This week, the credit card giant launched a pilot of its first…

American Express taps startup BodesWell for expansion into financial planning

India’s central bank has restricted American Express and Diners Club from adding new customers starting next month, it said Friday, citing violation of local data-storage rules. In a statement, the…

India restricts American Express from adding new customers for violating data storage rules

Small and medium businesses have been some of the hardest hit in the coronavirus pandemic, and in many cases that has had a knock-on effect on the companies that provide…

Amex acquires SoftBank-backed Kabbage after tough 2020 for the SMB lender

Codility, a platform that helps tech recruiters and hiring managers asses candidates through online coding tests, today announced that it has raised a $22 million Series A round led by…

Codility raises $22M for its tech recruiting platform

Earlier this year, American Express announced it was acquiring Resy, the New York-based restaurant reservation platform whose software was used by 4,000+ restaurants across 10 countries. This week, the company…

American Express launches new in-app restaurant reservation booking following its Resy acquisition

American Express (also commonly known as AmEx), a popular credit and banking company, recently announced that it purchased a company called Resy. Resy helps people get seats at restaurants, or as AmEx…

As Amex scoops up Resy, a look at its history of acquisitions

American Express has today announced its intentions to acquire Resy, the CRM and reservation platform based out of New York. The terms of the deal were not disclosed. Resy launched…

American Express is acquiring Resy

American Express made an acquisition in Japan by picking up restaurant booking service Pocket Concierge in an undisclosed deal. The acquisition was announced in Japanese and in English by James Riney, the head…

American Express acquires Japan-based restaurant booking service Pocket Concierge

PayPal this week announced an expanded relationship with American Express that will allow cardholders to use their Membership Rewards points when shopping from PayPal merchants, as well as more integrated…

PayPal and American Express expand partnership, will allow use of points for PayPal purchases

Cake Technologies, the U.K. fintech startup that wanted to make it more convenient to pay your restaurant or bar bill, has been acquired by American Express — as the credit…

American Express quietly acquired UK fintech startup Cake for $13.3M

Ken Chenault, the outgoing CEO of American Express, is quickly building a platform in the startup world. Chenault announced plans to leave his position as the head of Amex last…

Outgoing American Express CEO Ken Chenault is joining General Catalyst

American Express announced today that it has acquired Mezi, the AI-based virtual travel assistant, for an undisclosed amount. After the deal closes, Mezi will become a wholly-owned subsidiary of American Express.…

Virtual travel assistant Mezi acquired by American Express

Airbnb has appointed Kenneth I. Chenault, the outgoing CEO of American Express, to its board of directors. The announcement comes one week after Facebook appointed Chenault to its board of…

Airbnb brings on American Express CEO to board of directors

Facebook announced today the addition of Kenneth I. Chenault, CEO of American Express, to its board of directors. His appointment becomes effective Feb. 5, 2018. “I’ve been trying to recruit…

Facebook appoints American Express CEO to board of directors

As digital wallets increasingly become the origination point for consumer spending, they will become THE platform for downstream financial services — creating an opportunity for startups and a problem for…

Why your wallet is becoming the next platform

Inking the deal with AmEx completes the set of credit companies that are working with the service. The Stockholm-based company had already signed up Visa and MasterCard as partners.

The Online Buy Now, Pay Later Service, Klarna, Adds AmEx As A Partner

As Apple continues to build out Apple Pay for transactions in retail stores, one of its key partners is making a move to own the payment experience more directly online.…

Amex Negs Digital Wallets To Build Its Own Checkout, Pairs With Stripe To Spread It Wide

After a few delays, Jawbone’s UP3 fitness tracker is finally set to hit the delivery trucks early next week. And yet… it already has a successor, of sorts. Meet the…

Jawbone’s New $200 UP4 Doubles As An American Express Card

The rise of e-commerce in India has triggered a wave of startups that are leveraging the increasing adoption of smartphones to provide mobile solutions. Alibaba invested in Paytm at an…

Indian Payments Startup MobiKwik Nabs $25M From Tree Line, Cisco, AmEx And Sequoia

E-commerce platform Bigcommerce announced today that it has raised $50 million in Series D funding, led by SoftBank Capital, with participation from Telstra Ventures, American Express, and returning investors General…

Bigcommerce Raises $50M Series D From SoftBank, Telstra, And American Express