The National Restaurant Association has asked Congress to mandate the reduction of credit card interchange fees during the current crisis;...
Payments fintech Stripe announced three major upgrades to their payments platform to help users increase revenue, direct connectivity to major...
The great fintech consolidation of 2020 continues. While we knew this deal might be coming, as it was leaked last...
China’s central bank as accepted Amex’s application to start a bank card clearing business, but they still need to receive...
Pinwheel’s new partnership with American Express is the latest development for a fintech that has been quite busy over the past two years. The income and employment API is now American Express' direct deposit switching partner for their new checking account.
As non bank lenders continue to gain market share across different loan segments, we wanted to give a complete overview...
A couple of weeks after rebranding, Bread Financial launched a feeless, unlimited 2% Cashback Amex Express credit card.
Scott Sanborn discussed the current market environment for online lending in his speech at LendIt USA comparing the industry to the growth of online retail and using Amazon as an example for how businesses can dramatically change and adapt to provide the best services for market needs; online lenders will have to be strategic in identifying market opportunities, building on their proprietary systems and partnering with other companies; Ash Gupta from American Express also noted at the conference the challenges and opportunities presented to online lending through the use of big data; the growing amount of data sourced by the industry has the potential to improve credit models and fraud prevention while also providing broader capabilities through machine learning technology. Source
The Head of Amex’s mobile app, Stewart Kendall, sat down with the Tearsheet Podcast to discuss the shift in customer...
Making news this week was Stripe, American Express, the CFPB, SoFi, Celsius and more