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Obama announces plan to tighten security for debit cards used for federal benefits

...terminals in their stores equipped to handle cards with digital security chips and PINS.Obama also cited a plan by American Express Co. to support small businesses that upgrade their payment terminals with more secure standards, and a program by...

http://chronicle.augusta.com/news/business/2014-10-17/obama-announces-plan-tight
Nearly all major US banks pass Fed 'stress tests'

...to deplete their capital reserves, making them vulnerable in another recession.The other banks tested were: American Express Co., Bank of New York Mellon Corp., BBVA Compass Bancshares Inc., BMO Financial Corp., Capital One Financial...

http://chronicle.augusta.com/news/business/2014-03-20/nearly-all-major-us-banks-
Biz Bits

...York-based company said it agreed to pay $16.2 million in fines and repay at least $59.5 million to customers.American Express Co. said it has set aside enough to cover most of the costs of the settlement with the FDIC, the Consumer Financial...

http://chronicle.augusta.com/news/business/2013-12-24/biz-bits
Recession, tech kill middle-class jobs

...unemployment.Book your vacation using an online program? You've helped lay off a travel agent. Perhaps at American Express Co., which announced this month that it plans to cut 5,400 jobs, mainly in its travel business, as more of...

http://chronicle.augusta.com/news/business/2013-01-24/recession-tech-kill-middle
Interest rate cut might please credit card customers

...cards, nor the next four in line, Citigroup Inc., Capital One Financial Corp., Discover Financial Services and American Express Co., would reveal the specific number of cards that would receive a rate cut. All confirmed some customers will...

http://chronicle.augusta.com/2011-03-26/interest-rate-cut-might-please-credit-ca
Business
Credit card accounts breached

...immediately clear how many cardholders became victims of the breach, which affected MasterCard Inc., Visa Inc., American Express Co. and Discover Financial Services, along with banks and other franchises that issue cards bearing their logos...

http://chronicle.augusta.com/news/business/2012-03-30/credit-card-accounts-breac
Wharton business schools turn 125

...didn't teach her, she said, was corporate politics. That she had to learn in her pre-Slim and Tone days at American Express Co., where she worked for 18 years. But not all entrepreneurs feel the need for a degree. Eric Poses, who majored...

http://chronicle.augusta.com/stories/2006/03/13/bus_69700.shtml
Business
Biz bits

...at boosting the availability of short-term financing crucial for paying salaries and supplies. In other news American Express Co. reported its eighth straight quarter of falling profits as consumers spent and borrowed less. The New York-based...

http://chronicle.augusta.com/stories/2009/10/23/bus_552924.shtml
Business
Appointment at Fed bolsters stocks' rise

...Schering-Plough Corp. eased earnings concerns prompted by Pfizer Inc.'s weak forecast last week. Encouraging results from American Express Co. late in the day also lifted stocks. At the close of trading, the Dow climbed 169.78, or 1.66 percent...

http://chronicle.augusta.com/stories/2005/10/25/bus_15398.shtml
Business
Rewards cards help build savings

...price of a consumer's purchase up to the nearest whole dollar and transfers the extra money to a savings account. American Express Co., meanwhile, has introduced a credit card called One, and says every purchase on the card will trigger a 1 percent...

http://chronicle.augusta.com/stories/2005/10/23/fin_14761.shtml
Finance