American Express

• Ian Rogers

American Express will pay a penalty of $8 million following a ruling by the Federal Court that the cancelled application rates for the DJs Amex Cards two years ago were a circumstance that would reaso.. read more

• George Lekakis

In a move almost certain to rile rewards points junkies, Afterpay is about to jettison American Express as a payment method for its buy now pay later customers.  read more

• George Lekakis

American Express’ Australian business delivered one of its strongest years of growth in 2022, as demand for its charge card and consumer loan products soared to record levels. read more

• George Lekakis

The rising costs of using credit cards and buy now pay later services appear to be contributing to a resurgence in charge card usage across the country. read more

• John Kavanagh

American Express has partnered with Cuscal to launch a PayID service for its card customers to pay their bills, promising to make payments quicker and more secure. read more

• John Kavanagh

A month after being taken to court for allegedly breaching design and distribution obligations in the management of its David Jones cards, American Express has lost the DJs card issuing contract to La.. read more

• John Kavanagh

ASIC has taken American Express to court over alleged breaches of its design and distribution obligations, in what will be the first court case to consider the DDO and the regulator’s approach to enfo.. read more

• John Kavanagh

American Express has been rated the “top premium brand in Australia” by respondents to a Roy Morgan survey. read more

• George Lekakis

Australia’s long-suffering charge card market has staged a big recovery in volumes this year following a surge in usage by longstanding consumer and corporate cardholders. read more

• Banking Day staff

American Express has teamed up with PayPal in Australia in a deal that will allow Amex card holders to use their Membership Rewards points for PayPal purchases. read more

• John Kavanagh

While most consumer credit providers are turning to buy now pay later offerings in the search for growth, American Express still sees opportunity in the credit card market. read more

• John Kavanagh

American Express has joined forces with ODX, a provider of origination services in the business banking market, to launch a range of small business loans in Australia. read more

• John Kavanagh

Westpac has dropped its American Express companion card from its credit card portfolio – the last of the big banks to do so. read more

• John Kavanagh

American Express has entered the buy now pay later market in Australia, launching a product called Plan It Instalments, which provides for repayment of balances in monthly instalments at zero interest.. read more

• Ian Rogers

It's a rum business being an airline banker, and even crummier for two banks - NAB and Westpac - well and truly entwined with the collapse into administration last night of Virgin Australia. read more

• Ian Rogers

Australia Post is scouting for a buyer for its POLi Payments service, five years after acquiring the business. read more

• George Lekakis

Worldpay, the global online payments processor, is eyeing a large slice of the Australasian merchant acquiring market after announcing an expansion of its operations in Australia and New Zealand. read more

• Bernard Kellerman

A second ASIC report into changes lenders are making to allow their customers to cope more effectively with credit card debt can best be described as a mixed report card. read more

• Banking Day staff

Not content with consumer electronics and homewares, insurance and other lifestyle services, listed retail group Kogan Australia is to offer a range of white label owner occupier and investor home loa.. read more

• Banking Day staff

American Express has won approval for a clearing and settlement license from the Chinese central bank, allowing it to become the first foreign card scheme to be granted direct access to China's bank c.. read more