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American Express

News stories featuring American Express:

Cab:app taxis to accept NFC mobile payments

July 2nd, 2015

More than 7,600 taxi drivers in 90 cities across the UK and Ireland can accept NFC mobile payments from passengers using the taxi-hailing app Cab:app through a mPOS gateway provided by Payworks.  “Drivers are now able to accept physical Visa, MasterCard and American Express card payments directly from the Cab:app application using NFC-enabled chip & PIN card readers,” the company says, adding that frequent passengers can pay directly from the app.

Almost one in six US consumers are using mobile wallets

June 17th, 2015

Almost one in six US consumers (15%) have used a mobile wallet in the past six months, up from 9% in the same period in 2013, and an additional 22% are likely to adopt mobile… More

Apple Pay adds loyalty cards and expands to UK

June 8th, 2015

Apple Pay will be available in the UK from July 2015, vice president of Apple Pay business Jennifer Bailey has announced at the iPhone maker’s Worldwide Developers Conference (WWDC). Users of the mobile payments service will also be able to add store credit, debit and loyalty cards to their Apple mobile wallet from “this fall”. More

Google unveils Android Pay

May 28th, 2015

Google is to introduce a new NFC mobile payments platform called Android Pay with the release of Android M later this year, vice president of engineering Dave Burke has revealed during the Google I/O 2015 keynote. More

Discover to add support for Apple Pay

April 27th, 2015

Apple Pay will be supported by all major US credit card companies “beginning this fall” after Discover announced plans to join Visa, MasterCard and American Express in letting its cardholders add cards and make NFC… More

Jawbone adds NFC payments to fitness trackers with AmEx

April 17th, 2015

Wearable device maker Jawbone has unveiled a fitness tracking wristband that can be linked to the wearer’s American Express card account and used to make NFC payments. US card members with an Up4 tracker “will… More

Jawbone to add NFC payments?

April 15th, 2015

Wearable device maker Jawbone could be about to add NFC payment capabilities to its fitness trackers. The company is expected to announce a mobile payments partnership with American Express this week, reports the Wall Street Journal.

Oberthur’s Pearl SE embedded in Galaxy S6

March 2nd, 2015

Samsung’s new flagship handsets, the Galaxy S6 and Galaxy S6 Edge, include an embedded secure element (eSE) from Oberthur Technologies. The Pearl eSE is a multi-application NFC secure element that is certified by Visa, MasterCard and American Express. Incorporating the chip allows easy MNO-independent deployment of secure contactless payment, strong authentication, transit, access and loyalty applications.

Apple CEO says 2015 will be the “year of Apple Pay”

January 28th, 2015

Apple Pay now accounts for more than two-thirds of Visa, MasterCard and American Express contactless payments by value across the US, Apple CEO Tim Cook has revealed during a first quarter earnings call. Some 750… More

US consumers trust banks most with card data

December 17th, 2014

Three in four online buyers (76%) are dissatisfied with the strength of credit card and personal information security among retailers with some 72% of respondents saying they trust their own bank the most with credit card data and personally identifiable information, US research from Bizrate Insights reveals. 48% trust PayPal with their payment and personal information, 45% trust Amazon, 21% trust Apple, 12% trust American Express, 18% trust eBay, 12% trust Google and 12% trust none of the above.

Brooklyn Nets launch mobile wallet

November 14th, 2014

American Express has partnered with New York basketball team Brooklyn Nets to pilot Brooklyn eWallet, a digital payment solution integrated into the team’s mobile app that lets fans buy food and drink with their mobile phone at any event held at the Barclays Center arena. Fans can link up to 10 credit, charge, debit or prepaid cards to their wallet to fund purchases by taking a picture of their card. They can then make payments at participating concession stands by scanning a QR code generated by the merchant.

EMV hits nearly 30% of global card-present transactions

November 4th, 2014

Almost 30% of all card-present transactions conducted globally between July 2013 and June 2014 used the EMV chip card standard, EMVCo has revealed, with the highest usage in Western Europe and the lowest in the… More

Amex adds tokens and HCE

November 3rd, 2014

American Express has announced the US launch of American Express Token Service, a suite of solutions enabling traditional card account numbers to be replaced with tokens for mobile, online, in-store and NFC payments. Network specifications for host card emulation (HCE) are now also available globally, says Amex, providing “card-issuing partners with additional security options and solutions for payments made with mobile NFC-enabled devices that support Android OS KitKat.”

Bookatable tests iBeacon at 119 restaurants

October 24th, 2014

Europe’s largest online restaurant booking website is testing Apple’s iBeacon location technology to send offers and menus to potential diners toting iPhones as they pass by a participating location. Bookatable has worked with American Express to install BLE beacons in 119 restaurants participating in the London Restaurant Festival, including Ping Pong, Spaghetti House, Villandry, Oxo Tower, Thai Square and STK London.

Revolution Money founder raises funds for location-based marketing venture

October 22nd, 2014

Jason Hogg, founder and former CEO of Revolution Money and a co-inventor of the technology behind American Express’ Serve and Bluebird services, has raised US$6.2m for Hangit, a location-based messaging platform that, he told NFC… More

Amex commits $10m to EMV upgrades

October 20th, 2014

American Express is to launch a US$10m Small Merchant EMV Assistance Program in February 2015 to drive adoption of EMV. “We know from speaking with our smallest merchants that they are too busy running the day-to-day operations of their businesses to keep up with the constantly changing fraud landscape,” says Amex’s Anré Williams. “We’re launching this program to help educate small merchants about point-of-sale security and offset the cost of upgrading their terminals.”

Amex warns of slow mobile wallet adoption

October 17th, 2014

American Express has warned that mobile wallets are likely to see slow adoption, even for Apple and its customer base. “Mobile wallets have had the potential to change consumer behaviour for some years but it’s unlikely to be an overnight shot,” CFO Jeff Campbell said during the company’s third quarter earnings call. “It will take time even with Apple’s innovative technology and customer base.”

Chicago transit users get half price rides when they pay by NFC

October 6th, 2014

Users of Chicago Transit Authority (CTA) transportation services can now get half price journeys when they pay using the Serve prepaid card stored in their Softcard NFC mobile wallet. To take advantage of the offer,… More

eBay to spin off PayPal as a separate company in 2015

September 30th, 2014

eBay Inc is to be split into two separate publicly traded companies in 2015, the company has announced — and Dan Schulman, president of American Express’ enterprise growth group, has been hired as the new… More

Subway to accept mobile payments in 26,000 US locations

September 17th, 2014

Subway restaurants across the US are to begin accepting NFC mobile payments on 1 October, using new POS terminals that carry branding from mobile network operator-owned commerce venture Softcard. The terminals will enable the 26,000… More

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