News stories featuring American Express:
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…
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.
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.
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…
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.”
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.
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…
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.”
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.”
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,…
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…
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…
September 10th, 2014
“We are in discussions with Apple to add Discover cards to Apple Pay in the future,” a representative of the US payment network has revealed on Twitter. Visa, MasterCard and American Express have already signed up to enable mobile payments on Apple’s new NFC devices.
September 10th, 2014
Visa Token Service, the payment network’s new platform that enables card account numbers to be replaced with digital tokens that ensure the cardholder’s actual card number is never shared with merchants, is now live and…
September 9th, 2014
“It’s all about the wallet,” Apple CEO Tim Cook explained during the unveiling of Apple Pay mobile payments and the iPhone 6, iPhone 6 Plus and Apple Watch with NFC on 9 September. “Our vision…
September 9th, 2014
UPDATED The new iPhone 6 and iPhone 6 Plus will include support for NFC, Apple has announced. The NFC functionality will let users make Apple Pay mobile payments in stores.
September 5th, 2014
A report in The New York Times, which cites several people “with knowledge of the products” including two Apple employees — the first time the company has been mentioned as a source on the new products and services — appears to confirm many of the rumours circulating about Apple’s NFC payment plans. Deals with American Express, MasterCard and Visa will mean that “iPhone owners will be able to use their devices as a sort of digital wallet, improving their ability to pay for items at select partner merchants without handing over cash or a credit card,” the report adds.
September 1st, 2014
MasterCard, American Express and Visa have all signed deals with Apple for the launch of a mobile payments service that will make use of an NFC chip built into the next iPhone, due to launch on 9 September, according to reports in a number of publications including the Financial Times, Bloomberg and Re/Code.
July 31st, 2014
American Express is working with Croatia’s Privredna Banka Zagreb (PBZ), part of the Italy-based Intesa Sanpaolo banking group, to pilot an NFC payments service that makes use of host card emulation (HCE) technology. The pilot…
July 17th, 2014
Visa Inc is replacing its V.me digital wallet service with Visa Checkout, a new payment service that enables consumers in the US, Canada and Australia to pay for goods online, on any device, in “just…
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