Patrick Sells is the Chief Innovation Officer of Quontic Bank, a community bank based in New York; he is American...
American Banker has released their list of the most powerful women in banking under 40; the 15 women are from...
American Express started making the slow transition a few years ago to cloud computing but the pandemic forced wide adoption...
American Express' Pay It Plan It mobile feature allows for installment payments on purchases of over $100; the mobile feature is associated with a customer's American Express card; the company says Pay It Plan It is available now on several consumer credit and co-branded cards and cards issued after June 1 will have the feature added by 2018. Source
American Express is looking to use the same style data that has made PayPal and Square so successful in small business lending; Gina Taylor Cotter, senior vice president and general manager of global commercial financing at American Express. tells American Banker,“We have done some research on this and we are trusted providers, so this puts us neatly between banks that may have a longer application process and the online lenders who are fast, but maybe a bit more expensive." Source.
American Express has historically focused on building their own products but the firm is now open to more partnerships to...
A small group of American Express salespeople pushed credit cards on small business owners without adequate credit checks or through...
America’s Credit Union (ACU) partners with cross border payments company Veem to expand their reach to small businesses; the partnership...
ValueWalk has analyzed the recent CB Insights report on fintech funding as well as the Forbes 50 report on the...
Some US banks are blaming federal AML rules in holding up loans; many have gone out with messaging that they...