AmEx, AOL Team To Push New Card
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American Express has struck a yearlong marketing deal with AOL CityGuide to launch its IN:NYC credit card, which is designed to appeal to young New Yorkers by offering rewards for charging at city hot spots like Tao or Lotus, the companies said.
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Steve Case, the founder of the AOL Internet service, is backing a new online payment company that promises to let users transfer funds for free and offer a credit card with sharply lower fees for merchants.
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The financial titans hope their co-branded cards win over better-heeled, prompt-paying consumers. It may not be so simple, however.
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American Express Co. (AXP.N: Quote, Profile, Research) said on Monday quarterly earnings rose 14 percent, matching analysts&#39; expectations, on record cardholder spending, increased card borrowing and lower loan losses.
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America Online Inc. (AOL) is aiming to get a piece of the travel search market, announcing plans Friday to introduce a new Web-based property to compete with the likes of Travelocity.com and Expedia Inc.
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American Express has sued credit card associations Visa and MasterCard and eight banks for damages from what it called anti-competitive practices that prevented 20,000 US banks from using its credit card products.
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Bank of America Corp.  on Monday introduced a credit card designed for many of its wealthiest clients, in a bid to retain and win new business as banks ratchet up their pursuit of affluent customers.
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THOMASTOWN (Ireland) - The excuses have been coming in thick and fast with regard to the American Express World Golf Championship, which starts today.
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American Express (AXP:NYSE - news - research) wants rival MasterCard, Visa and eight big banks to pay damages for years of allegedly uncompetitive practices in the charge card business.
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The MBNA Corporation has decided that it should ask for permission before switching its customers' credit cards to American Express cards.
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Time Warner Inc. has been trying to figure out what to do with its struggling AOL unit for a few years now. A potential combination of Microsoft Corp. and Yahoo Inc. could put even more pressure on the media conglomerate to take action.
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Citigroup  is replacing thousands of Visa-branded American Airlines credit cards with new account numbers and cards that carry the American Express logo, the Wall Street Journal reported on its Web site on Thursday.
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A trio of banks led by Royal Bank of Scotland  will on Tuesday provide an update on its plans to bid for Dutch bank ABN AMRO , with a formal offer seen as a strong possibility.
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New York-based credit card and travel services company American Express Co  is expected to sell its private banking business within weeks, said a source familiar with the matter.
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Transatlantic exchange NYSE Euronext  said on Thursday it agreed to acquire the American Stock Exchange (Amex) for $260 million in stock to boost its options business, exchange traded funds (ETFs) and cash products.
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American Express yesterday said it was seeking &quot;billions of dollars&quot; in damages from Visa and MasterCard over alleged &quot;illegal and anticompetitive practices&quot;.
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American Express Co (NYSE: AXP) said this morning that it has filed a law suit in the US District Court in Manhattan against Visa, Mastercard and eight major