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American Express

  • Visa invests in cryptocurrency technology

    Foster City, Calif. – Financial services provider Visa Inc. is among the lead investors in a $30 million round of equity funding for a blockchain technology provider.

  • Sam's Club lobs another salvo at Costco

    In the latest move in its battle against Costco, Sam's Club is going to start accepting the very form of payment that Costco rebuffed earlier this year.

  • Apple Pay has a new big name competitor

    Mountain View, Calif. – Apple Pay has a new rival, and it’s a formidable one.  
       
    In its second take on mobile payments, Google is officially releasing its Android Pay digital payment solution to users of Android devices in the U.S.
         

  • American Express lost Costco, but it gained its rival

    Bentonville, Ark. -- In the latest move in its battle against Costco, Sam's Club is going to start accepting the very form of payment that Costco rebuffed earlier this year.

    Starting Oct. 1, all Sam’s Club locations in the U.S. and Puerto Rico will take American Express cards at checkout. Earlier this year Costco ended its 16-year relationship with American in favor of Visa after the two companies could not come to an agreement on new terms.

  • Starwood rewards mall shoppers

    Chicago - Starwood Retail Partners is rewarding mall shoppers, regardless of which stores in the mall they choose to shop.

    Starwood is rolling out Oh, So Simple Rewards, a program that lets consumers earn credit for their purchases at stores across the entire mall.

  • Walgreens appoints Amex executive as accounting head

    Deerfield, Ill. - Walgreens Boots Alliance has named Kimberly R. Scardino as its new senior VP, global controller and chief accounting officer. Scardino joins Walgreens Boots Alliance from American Express Co., where she was senior VP, business advisory controller.

  • Walgreens Boots names new CAO

    Walgreens Boots Alliance has hired a former controller at American Express as its next accounting chief.
  • Report: American Express sued for misleading investors about Costco

    New York -- American Express Co and Costco Wholesale Corp. are at it again.

    A lawsuit has been filed accusing American Express of misleading investors about the loss of its contract with Costco after having failed to reveal how significant that business had become to the credit-card company, Reuters reported.

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