American Express is a globally recognized financial services company that specializes in payment solutions and travel-related services. The company is best known for its charge and credit card offerings, which cater to both consumers and businesses, enabling them to make purchases and manage expenses seamlessly. In addition to card services, American Express provides a range of financial products, including personal savings accounts, loans, and business financing options, as well as premium travel services and rewards programs designed to enhance customer loyalty. Through its extensive network, American Express facilitates transactions, offering a variety of products that address the needs of individuals and corporations alike in the realm of financial management and travel experiences. Read More
Cryptocurrency trading platform Coinbase Global (NASDAQ:COIN) is set to benefit from new products and a new White House administration, according to a new investor note.
American Express (NYSE: AXP) is announcing today major updates coming to its U.S. Consumer and Business Platinum Cards® later this year. With these updates, the company is making its largest investment ever in a Card refresh.
William Blair analyst Andrew Jeffrey said that while stablecoins may appeal to merchants seeking lower card processing fees, they are not well-suited for business-to-consumer transactions.
Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong unveiled the company’s cryptocurrency credit card Thursday that will offer cashback rewards in Bitcoin (CRYPTO: BTC).
BofA Securities analyst Mihir Bhatia found that the US premium credit card market is competitive, with Amex leading but Chase and Capital One closing the gap.
Generating cash is essential for any business, but not all cash-rich companies are great investments.
Some produce plenty of cash but fail to allocate it effectively, leading to missed opportunities.
