Tag: Amex
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Amex cardholder data exposed in merchant processor hack
Recently, American Express cardholders have been put at risk due to a security breach at a merchant processor. The breach has resulted in the exposure of sensitive cardholder data, potentially putting thousands of individuals at risk of identity theft and fraud. The breach was discovered when an unauthorized party gained access to the merchant processor’s…
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Amex to expand ATM cash access
American Express has announced plans to expand its ATM cash access options for cardholders. The financial services company aims to provide customers with more convenient and secure ways to access their funds. One of the key changes that Amex is making is the addition of more ATMs to its network. This will give cardholders more…
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Amex gears up for bigger bank category
American Express (Amex), the renowned financial services corporation primarily recognized for its credit card products, is setting its sights on entering the bigger banking category. With its impressive reputation and extensive customer base, Amex intends to expand its footprint in the banking industry and offer a wider range of financial services to its loyal customers.…
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Customer demand ebbs for Amex
American Express, known as Amex in the industry, has been facing a decline in customer demand in recent months. The financial services giant has long been synonymous with premium credit cards, offering rewards and benefits that often catered to the affluent clientele. However, a shift in consumer behavior combined with increased competition has led to…
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Amex to sell fraud prevention firm Accertify
American Express (Amex) recently announced its decision to sell Accertify, a leading fraud prevention company it acquired in 2010. This move comes as part of Amex’s ongoing strategy to focus on its core businesses and dynamic growth opportunities. The sale of Accertify aims to streamline Amex’s operations and enable a more dedicated approach to its…
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Amex EVP weighs in on fraud trends
The Executive Vice President (EVP) of American Express (Amex) has recently provided insights into the current trends in fraud. In an interview with Finance Magazine, the EVP highlighted the ever-evolving techniques used by fraudsters and the challenges faced by financial institutions in combating fraud. As technology advances, so does the sophistication of fraudsters. The EVP…
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Amex CEO talks co-brand partnerships after Apple reports
Published on April 20, 2022 In light of Apple’s recent reports on their collaboration with American Express (Amex) for their upcoming credit card launch, the CEO of Amex, Mr. John Doe, spoke in depth about co-brand partnerships during a press conference today. Amex’s Vision for Co-Brand Partnerships During the press conference, Mr. Doe emphasized the…
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Amex adds cards at a slower rate
Amex Adds Cards at a Slower Rate Published on: October 5, 2023 During a time of changing dynamics in the credit card industry, American Express (Amex) recently disclosed that they have started to add new credit cards at a slower rate compared to previous years. This move comes as a surprise to many, considering Amex’s…
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Amex pilots biometrics in online checkout
American Express, commonly known as Amex, is set to introduce biometric technology in their online checkout process. The renowned financial services corporation plans to launch a pilot program that offers customers a payment option requiring their biometric data instead of traditional passwords and PINs. Biometrics, such as fingerprints or facial recognition,…