American Express

Is Google or PayPal Leading the Charge in Mobile Payments?

Tricia Duryee in Commerce on May 25 at 2:30 pm PT

The results may surprise you.

AmEx to Offer a Prepaid Debit Card That Rewards Users in FarmVille Cash

Tricia Duryee in Commerce on May 22 at 5:00 am PT

American Express and Zynga are rolling out a rewards program today that will allow players to earn virtual currency when they spend money in the real world.

Starbucks’ Schultz: Don’t Read Anything Into Exit From Groupon Board

Tricia Duryee in Commerce on May 10 at 10:44 am PT

Starbucks Chairman and CEO Howard Schultz said today on CNBC that he has confidence in both Groupon’s board and CEO, even after stepping down from the board after 19 months.

News Byte

American Express Hires Mobile Payments Exec David Yoo of Boku

Tricia Duryee in Commerce on May 2 at 11:30 am PT

American Express said today that David Yoo, formerly of mobile payments company Boku, will join the company as SVP of its Commerce Innovation team. At Boku, Yoo was SVP of Strategy, Product and Marketing. American Express also hired Katrina Lane, who will be EVP in charge of the company’s Consumer Cards and Experiences team. Most recently, Lane served as CTO of Caesars Entertainment.

Confirmed: Schultz and Efrusy to Leave Groupon Board; “Accounting Types” Joining

Kara Swisher in Commerce on April 30 at 12:40 pm PT

Will a shake-up of the board of the daily deals company help its prospects?

Mobile Payments Won’t Replace Cash or Credit for Another Decade

Tricia Duryee in Commerce on April 17 at 9:07 am PT

It will take another eight years for cash and credit cards to be replaced almost completely by smartphones, according to those interviewed by Pew Research.

American Express Swipes Neal Sample From eBay for Digital Payments Push

Tricia Duryee in Commerce on April 2 at 10:31 am PT

American Express has lured Neal Sample away from eBay to become SVP of technologies of its digital payments initiative.

News Byte

American Express Will Pay You to Tweet (Sort Of)

Peter Kafka in Social on March 6 at 4:00 pm PT

Here’s how you can turn 140 characters into cash, or at least credit: A new American Express promotion will reward Twitter users with discounts on some goods and services if they tweet or retweet certain messages. Card users who connect their Twitter accounts with their Amex accounts will see credits appear directly on their statements. Amex helped Twitter launch its “self-serve” platform last month, and has connected with Foursquare for a similar offer.

News Byte

Mobile Wallet Venture Isis Beefs Up With More Bank Cards

Lauren Goode in Mobile on February 27 at 8:18 am PT

Isis, the mobile payments joint venture between Verizon Wireless, AT&T and T-Mobile USA, announced at Mobile World Congress in Barcelona today that it is adding Chase, Barclaycard and Capital One cards to the Isis Mobile Wallet. Last July, Isis announced relationships with Visa, MasterCard, Discover and American Express to allow account holders to pay using wireless phones with NFC “one-tap” payment capabilities. The Isis Mobile Wallet app, which will go head to head with other mobile payment solutions like Google Wallet, will first launch in Salt Lake City and Austin midyear.