Amex and Discover to invade Visa-MasterCard territory
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NEW YORK (CBS.MW) -- In the high-stakes game of poker that is the credit card business, on Monday the US Supreme Court shuffled the deck.
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NEW YORK: American Express Company, the travel and financial services giant, said yesterday it was suing Visa and MasterCard over anti-competitive business practices.
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Buying the Amex is a steal for NYSE Euronext.
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The Supreme Court Monday cleared the way for banks to begin issuing credit cards bearing logos such as American Express and Discover while continuing to offer Visas and MasterCards.
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American Express Co. AXP.N on Monday  sued credit card associations Visa and MasterCard and eight  banks for damages from what it called anti-competitive  practices that prevented 20,000 U.S. banks from using its  credit card products.
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NEW YORK, Nov. 15 /PRNewswire-FirstCall/ -- American Express Company today filed a lawsuit against Visa, MasterCard and eight major banks that are members of the two card associations.
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Call it a love affair with a dark side. Consumers today can't get enough of their credit cards, slapping them down with a passion to pay for everything from fast food to plane tickets at a rate of 10,000 transactions a second worldwide.
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Too many credit cards? Here's what to do.
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Financial services giant American Express Co. said yesterday it will spin off its financial advisory business so it can focus on the faster-growing charge and credit card, payments processing, and travel businesses. Its shares rose more than 6 percent.
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MasterCard  has six months to change how its sets its fee for international card transactions or face daily fines for violating EU competition rules, the European Union's top antitrust watchdog said on Wednesday.
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MasterCard Inc., the world&#039;s No. 2  credit-card association, is set to price its initial public  offering later on Wednesday amid expectations of strong demand  for one of the financial services industry&#039;s top brands.
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NEW YORK - American Express Co. yesterday sued Visa and MasterCard, as well as eight banks, and alleged that they blocked the sale of its credit cards through US banks.
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NEW YORK: American Express on Monday 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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The Discover credit card has a new marketing partnership with Parents magazine, the nationâs most popular glossy about the worldâs most demanding job.
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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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Fresh from a victory over its rivals in the Supreme Court, American Express now wants Visa and MasterCard to show it the money. American Express hired hot-shot lawyer David Boies, who headed
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American Express on Monday filed a suit against credit card associations Visa and MasterCard and eight major banks for what it called illegal and anti-competitive practices.