American Express

340 results about this entity

Period: 12 Nov 2007 - 10 Mar 2025

American Express buys GE Money corporate payment services unit

American Express has signed an agreement to acquire Corporate Payment Services (CPS), the commercial card and corporate purchasing division of General Electric subsidiary GE Money, in a deal worth around $1.1 billion in cash.

HSBC, Bank of America and Washington Mutual hit most by ID theft - US study

US customers of HSBC, Bank of America and Washington Mutual have been found to suffer the highest rates of identity theft, according to research from the University of California at Berkeley.

New fears raised over contactless chip cards

Fresh concerns have been raised over the security of radio frequency identification (RFID) technology used for contactless payments after a hacking demonstration by security expert Adam Laurie at the Black Hat 2008 conference.

Visa to raise $10bn in IPO

Card payment network Visa has disclosed that it plans to raise up to $10 billion through its forthcoming stock market flotation, which is expected to take place early next year.