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<?xml version="1.0" encoding="utf-8"?><rss xmlns:a10="http://www.w3.org/2005/Atom" version="2.0"> <channel> <title>American Express: Press Center</title> <description>Press Center for American Express</description> <lastBuildDate>Thu, 02 Mar 2017 00:00:00 -0500</lastBuildDate> <a10:id /> <item> <guid isPermaLink="false">1056</guid> <link>http://about.americanexpress.com/news/pr/2017/amex-redefines-premium-new-platinum-card.aspx</link> <category>Consumer Cards</category> <category>Consumer Travel</category> <category>Corporate Information</category> <title>American Express Redefines Premium with The New Platinum Card®</title> <description><p>American Express today announced a new generation of benefits for its iconic Platinum Card. The benefits are built for today&rsquo;s global travelers who enjoy exclusive access, unique experiences and best-in-class service whether they&rsquo;re traveling across the globe or in their home city.</p><div style="float:right; width:220px"><img src="/news/images/plat.png" width="100%" alt="Platinum Card"></div><p>Starting on March 30, 2017, consumers with The Platinum Card<sup>&reg;</sup> will receive exclusive access in the Uber app to a new <em>Uber Rides with Platinum </em>benefit, which provides up to $200 annually in Uber credits for U.S. rides and automatic VIP status where available. Platinum Card Members will also receive 5X Membership Rewards points on eligible hotels booked on amextravel.com. This is in addition to the recently unveiled 5X Membership Rewards points on airfare booked directly with airlines or American Express Travel. Card Members will also get access to an expanded Global Lounge Collection, a new Global Dining Collection, more global events, enhanced mobile servicing options, and all of the other benefits that currently come with Platinum Card Membership.</p><p>&ldquo;Because we&rsquo;ve built long term relationships with our Platinum Card Members, we have a deep understanding of what they value most about their Membership &ndash; access to exclusive experiences, rich travel rewards and superior service,&rdquo; said Janey Whiteside, senior vice president and general manager of Global Charge Products, Benefits &amp; Services, American Express. &ldquo;We&rsquo;re elevating the Platinum Card to further deliver in these key areas, while providing new benefits that enhance their lifestyles. We want to ensure that we&rsquo;re continually exceeding our Card Members&rsquo; expectations.&rdquo;</p><p><strong><em>Uber Rides with Platinum</em></strong><br /> American Express is deepening its relationship with Uber, a service regularly used by a large portion of American Express Card Members. Through the new <em>Uber Rides with Platinum</em> benefit, which is delivered in an exclusive Uber in-app experience, Platinum Card Members will receive up to $200 in annual Uber credits for rides within the United States as well as Uber VIP status where available. Card Members will receive $15 in Uber credit per month, with an additional $20 bonus in December, when they add their American Express Platinum Card as a payment method to the Uber app.</p><p>&ldquo;This premium, first-of-its-kind benefit gives Platinum Card Members another reason to use Uber &ndash; a reliable, safe way to travel in 450 plus cities around the world," said Emil Michael, Chief Business Officer, Uber. "We&rsquo;re excited to continue to expand our longstanding partnership with American Express to provide even more Card Members with valuable rewards and VIP treatment when they ride with Uber.&rdquo;</p><p><strong>The Next Generation of Platinum Card Membership</strong><br /> In addition to the new Uber benefit, American Express has redesigned the Platinum Card to give Card Members a complete range of benefits they can rely on at every step of their journey.</p><ul> <li><strong>5X Membership Rewards: </strong>In addition to the recently unveiled 5X points for flights when booked directly with airlines or American Express Travel, Card Members will be able to receive 5X Membership Rewards points for eligible hotels booked on amextravel.com. </li> <li><strong>Expansion of the Global Lounge Collection: </strong>Platinum Card Members have access to the growing Global Lounge Collection, which provides access to the most airport lounges from any U.S. credit card. The Global Lounge Collection unlocks access to more than 1,000 American Express and partner airport lounges, in more than 500 cities, across 120 countries, including future Centurion Lounge locations in Hong Kong and Philadelphia scheduled to open later this year.</li> <li><strong>Complimentary Additional Gold Cards:</strong> Platinum Card Members will be able to add Additional Gold Cards on their Platinum Card Account for no annual fee and existing Additional Gold Cards will also have no annual fee. Card Members can earn Membership Rewards points for all eligible purchases made by their Additional Card Member(s).</li> <li><strong>Access to a new Global Dining Collection:</strong> American Express has partnered with world-renowned chefs, including Thomas Keller, Daniel Humm, Stephanie Izard and Jos&eacute; Andr&eacute;s, to provide Platinum Card Members with access to one-of-a-kind dining experiences like the EMP Summer House in the Hamptons, a pop-up restaurant from the Eleven Madison Park team exclusively available for American Express Card Members. Card Members will also get access to exclusive reserved seating, culinary events and other exciting benefits.</li> <li><strong>More Global Events</strong>: American Express is expanding its <a href="http://amex.co/1nMOaZm">By Invitation Only&reg;</a> program to include more Card Member experiences in top destinations around the world, such as premium access to the Grand Prix de Monaco, an enthusiast&rsquo;s dream trip through French wine country and a global fashion tour with Harper&rsquo;s Bazaar to celebrate the iconic magazine&rsquo;s 150th Anniversary.</li> <li><strong>Continued value at Fine Hotels and Resorts: </strong>Platinum Card Members can receive valuable benefits including complimentary daily breakfast for two and guaranteed 4PM late checkout offering an average total value of $550 whenever they book at a Fine Hotels and Resorts property with American Express Travel.</li> <li><strong>New Card Design:</strong> In addition to the enhanced benefits for Platinum Card Members, American Express is introducing a new, sleek metal Card design.</li> </ul> <p>These are part of a growing roster of benefits that Platinum Card Members can already take advantage of including: up to $200 Airline Fee Credit that can be used for incidental fees such as baggage on a selected airline each year, Starwood Preferred Guest<sup>&reg;</sup> Gold Status and Hilton Honors&trade; Gold Status, access to the Delta Private Jet program, complimentary access to Wi-Fi hotspots provided by Boingo Wireless, a Fee Credit for Global Entry or the TSA Pre✓<sup>&reg;</sup> program application and no foreign exchange fees.</p> <p>True to the brand&rsquo;s heritage of service, American Express is also bringing personalized service to Card Members&rsquo; pockets by offering Platinum Card Members seamless access to concierge, travel and Customer Care Professionals through the Amex Mobile app. Also coming to the app is a lounge finder feature that will easily allow Card Members to find one of the 1,000 plus lounges in the Global Lounge Collection when they are on the go.</p> <p>Beginning on March 30, the new annual fee for the Platinum Card will be $550. For existing Platinum Card Members, the new annual fee will take effect on Card Members&rsquo; annual renewal date on or after September 1, 2017.</p> <p>Terms and Limitations apply. More information about these new benefits can be found at: <a href="https://www.americanexpress.com/platinumupdate">americanexpress.com/platinumupdate</a>.</p> <p><strong>About American Express<br /> </strong>American Express is a global services company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at <a href="https://www.americanexpress.com/?extlink=dw-us-pr-bp">americanexpress.com</a> and connect with us on <a href="https://www.facebook.com/americanexpress">facebook.com/americanexpress</a>, <a href="https://foursquare.com/americanexpress">foursquare.com/americanexpress</a>, <a href="http://www.linkedin.com/company/american-express">linkedin.com/company/american-express</a>, <a href="http://twitter.com/americanexpress">twitter.com/americanexpress</a>, and <a href="http://www.youtube.com/americanexpress">youtube.com/americanexpress</a>.</p> <p>Key links to products, services and corporate responsibility information: <a href="https://www304.americanexpress.com/credit-card?extlink=dw-us-pr-bp">charge and credit cards</a>, <a href="https://www.americanexpress.com/us/small-business/credit-cards/">business credit cards</a>, <a href="http://www.plenti.com/">Plenti rewards program</a>, <a href="https://travel.americanexpress.com/home?extlink=dw-us-pr-bp">travel services</a>, <a href="http://www.americanexpress.com/gift-cards/?extlink=dw-us-pr-bp">gift cards</a>, <a href="https://www.americanexpress.com/us/content/prepaid/reloadable-cards.html">prepaid cards</a>, <a href="https://www209.americanexpress.com/merchant/marketing-data/pages/home?extlink=dw-us-pr-bp">merchant services</a>, <a href="http://www.accertify.com/en/">Accertify</a>, <a href="http://business.americanexpress.com/us?extlink=dw-us-pr-bp">corporate card</a>, <a href="https://businesstravel.americanexpress.com/?extlink=dw-us-pr-bp">business travel</a> and <a href="http://about.americanexpress.com/csr">corporate responsibility</a>.</p></description> <pubDate>Thu, 02 Mar 2017 00:00:00 -0500</pubDate> <a10:updated>2017-03-02T00:00:00-05:00</a10:updated> <a10:content type="text/html; charset=utf-8" src="http://about.americanexpress.com/news/pr/2017/amex-redefines-premium-new-platinum-card.aspx" /> </item> <item> <guid isPermaLink="false">1054</guid> <link>http://about.americanexpress.com/news/pr/2017/financial-tech-symposium-annual-investor-day.aspx</link> <category>Corporate Information</category> <title>American Express Executive to Participate in KBW Cards, Payments & Financial Technology Symposium; Company Plans Live Audio Webcast of Annual Investor Day</title> <description><p>American Express (NYSE:AXP) President of Global Consumer Services, Douglas E. Buckminster, will participate in the Keefe, Bruyette &amp; Woods (KBW) Cards, Payments &amp; Financial Technology Symposium in New York City, on Monday, February 27, 2017, at 9:40a.m. (ET). Mr. Buckminster will take part in a question and answer session relating to the company&rsquo;s global consumer and network businesses.</p> <p>American Express Company plans to host its annual Investor Day on Wednesday, March 8, 2017 at 1:00 p.m. (ET). At the meeting, senior executives will discuss key business trends, initiatives and long-term strategies. Speakers are scheduled to include:</p> <ul><li>Kenneth I. Chenault, Chairman and Chief Executive Officer</li><li>Douglas E. Buckminster, President of Global Consumer Services </li><li>Stephen J. Squeri, Vice Chairman</li><li>Anr&eacute; D. Williams, President of Global Merchant Services &amp; Loyalty Group </li><li>Jeffrey C. Campbell, Executive Vice President and Chief Financial Officer</li></ul> <p>A live audio webcast of both events will be accessible to the general public through the American Express Investor Relations website at <a href="http://ir.americanexpress.com/">http://ir.americanexpress.com</a>. Presentation materials will be posted on the website prior to the Investor Day meeting and an audio replay will be available on the website following each of the events.</p> <p><strong>About American Express<br /></strong>American Express is a global services company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at <a href="http://www.americanexpress.com/">americanexpress.com</a> and connect with us on <a href="http://www.facebook.com/americanexpress">facebook.com/americanexpress</a>, <a href="https://foursquare.com/americanexpress">foursquare.com/americanexpress</a>, <a href="http://www.linkedin.com/company/american-express">linkedin.com/company/american-express</a>, <a href="http://twitter.com/americanexpress">twitter.com/americanexpress</a>, and <a href="http://www.youtube.com/americanexpress">youtube.com/americanexpress</a>.</p> <p>Key links to products, services and corporate responsibility information: <a href="https://www304.americanexpress.com/credit-card?extlink=dw-us-pr-bp">charge and credit cards</a>, <a href="https://www.americanexpress.com/us/small-business/credit-cards/">business credit cards</a>, <a href="http://www.plenti.com/">Plenti rewards program</a>, <a href="https://travel.americanexpress.com/home?extlink=dw-us-pr-bp">travel services</a>, <a href="http://www.americanexpress.com/gift-cards/?extlink=dw-us-pr-bp">gift cards</a>, <a href="https://www.americanexpress.com/us/content/prepaid/reloadable-cards.html">prepaid cards</a>, <a href="https://www209.americanexpress.com/merchant/marketing-data/pages/home?extlink=dw-us-pr-bp">merchant services</a>, <a href="http://www.accertify.com/">Accertify</a>, <a href="http://business.americanexpress.com/us?extlink=dw-us-pr-bp">corporate card</a>, <a href="https://businesstravel.americanexpress.com/?extlink=dw-us-pr-bp">business travel</a> and <a href="http://about.americanexpress.com/csr/">corporate responsibility</a>.</p></description> <pubDate>Tue, 14 Feb 2017 00:00:00 -0500</pubDate> <a10:updated>2017-02-14T00:00:00-05:00</a10:updated> <a10:content type="text/html; charset=utf-8" src="http://about.americanexpress.com/news/pr/2017/financial-tech-symposium-annual-investor-day.aspx" /> </item> <item> <guid isPermaLink="false">1051</guid> <link>http://about.americanexpress.com/news/pr/2017/amex-company-elects-john-brennan-bod.aspx</link> <category>Corporate Information</category> <title>American Express Company Elects John Brennan to Board of Directors</title> <description><p>American Express Company (NYSE:AXP) today announced that John J. &ldquo;Jack&rdquo; Brennan has been elected to its board of directors.</p> <p>Mr. Brennan is chairman emeritus and senior advisor of Vanguard, one of the world&rsquo;s largest and most respected investment companies. He joined Vanguard in 1982, was elected chief financial officer in 1985 and president in 1989. He served as Vanguard&rsquo;s chief executive officer from 1996 to 2008 and chairman of the board from 1998 to 2009.</p> <p>&ldquo;Jack&rsquo;s accomplishments at Vanguard and his insights into financial markets, along with his regulatory and corporate governance expertise make him a terrific addition to the Board,&rdquo; said Kenneth I. Chenault, chairman and chief executive officer. </p> <p>Mr. Brennan is a director of General Electric Company, LPL Financial and the Guardian Life Insurance Company of America. He is the chairman of the Financial Industry Regulatory Authority (FINRA); chairman of Vanguard Charitable; and chairman of the Board of Trustees at the University of Notre Dame.</p> <p>Mr. Brennan graduated from Dartmouth College and earned a master&rsquo;s degree in business administration from the Harvard Business School.</p> <p>The election of Mr. Brennan to the American Express Company Board of Directors is effective today.</p> <p><strong>About American Express<br /></strong>American Express is a global services company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at <a href="http://www.americanexpress.com/">americanexpress.com</a> and connect with us on <a href="http://www.facebook.com/americanexpress">facebook.com/americanexpress</a>, <a href="https://foursquare.com/americanexpress">foursquare.com/americanexpress</a>, <a href="http://www.linkedin.com/company/american-express">linkedin.com/company/american-express</a>, <a href="http://twitter.com/americanexpress">twitter.com/americanexpress</a>, and <a href="http://www.youtube.com/americanexpress">youtube.com/americanexpress</a>.</p> <p>Key links to products, services and corporate responsibility information: <a href="https://www304.americanexpress.com/credit-card?extlink=dw-us-pr-bp">charge and credit cards</a>, <a href="https://www.americanexpress.com/us/small-business/credit-cards/">business credit cards</a>, <a href="http://www.plenti.com/">Plenti rewards program</a>, <a href="https://travel.americanexpress.com/home?extlink=dw-us-pr-bp">travel services</a>, <a href="http://www.americanexpress.com/gift-cards/?extlink=dw-us-pr-bp">gift cards</a>, <a href="https://www.americanexpress.com/us/content/prepaid/reloadable-cards.html">prepaid cards</a>, <a href="https://www209.americanexpress.com/merchant/marketing-data/pages/home?extlink=dw-us-pr-bp">merchant services</a>, <a href="http://www.accertify.com/">Accertify</a>, <a href="http://business.americanexpress.com/us?extlink=dw-us-pr-bp">corporate card</a>, <a href="https://businesstravel.americanexpress.com/?extlink=dw-us-pr-bp">business travel</a> and <a href="http://about.americanexpress.com/csr/">corporate responsibility</a>.</p></description> <pubDate>Tue, 24 Jan 2017 00:00:00 -0500</pubDate> <a10:updated>2017-01-24T00:00:00-05:00</a10:updated> <a10:content type="text/html; charset=utf-8" src="http://about.americanexpress.com/news/pr/2017/amex-company-elects-john-brennan-bod.aspx" /> </item> <item> <guid isPermaLink="false">1050</guid> <link>http://about.americanexpress.com/news/pr/2017/amex-declares-dividend-on-series-c-pref.aspx</link> <category>Corporate Information</category> <title>American Express Declares Dividend On Series C Preferred Stock</title> <description><p>American Express Company (NYSE: AXP)<strong> </strong>yesterday declared a semiannual dividend on the Company&rsquo;s 4.900% Fixed Rate / Floating Rate Noncumulative Preferred Shares, Series C, of $24,500 per share (which is equivalent to $24.50 per related Depositary Share). </p><p>The dividend is payable on March 15, 2017 to shareholders of record on March 1, 2017.</p> <br><br><center><hr style="width:300px"></center><br><br><p><strong>About American Express</strong> <br> American Express is a global services company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at <a href="http://www.americanexpress.com">americanexpress.com</a>, and connect with us on <a href="http://www.facebook.com/americanexpress">facebook.com/americanexpress</a>, <a href="https://foursquare.com/americanexpress">foursquare.com/americanexpress</a>, <a href="http://www.linkedin.com/company/american-express">linkedin.com/company/american-express</a>, <a href="http://twitter.com/americanexpress">twitter.com/americanexpress</a>, and <a href="http://www.youtube.com/americanexpress">youtube.com/americanexpress</a>.</p> <p>Key links to products, services and corporate responsibility information: <a href="https://www304.americanexpress.com/credit-card?extlink=dw-us-pr-bp">charge and credit cards</a>, <a href="https://www.americanexpress.com/us/small-business/credit-cards/">business credit cards</a>, <a href="http://www.plenti.com/">Plenti rewards program</a>, <a href="https://travel.americanexpress.com/home?extlink=dw-us-pr-bp">travel services</a>, <a href="http://www.americanexpress.com/gift-cards/?extlink=dw-us-pr-bp">gift cards</a>, <a href="https://www.americanexpress.com/us/content/prepaid/reloadable-cards.html">prepaid cards</a>, <a href="https://www209.americanexpress.com/merchant/marketing-data/pages/home?extlink=dw-us-pr-bp">merchant services</a>, <a href="http://www.accertify.com/">Accertify</a>, <a href="http://business.americanexpress.com/us?extlink=dw-us-pr-bp">corporate card</a>, <a href="https://businesstravel.americanexpress.com/?extlink=dw-us-pr-bp">business travel</a>, and <a href="http://about.americanexpress.com/csr">corporate responsibility</a>.</p></description> <pubDate>Tue, 24 Jan 2017 00:00:00 -0500</pubDate> <a10:updated>2017-01-24T00:00:00-05:00</a10:updated> <a10:content type="text/html; charset=utf-8" src="http://about.americanexpress.com/news/pr/2017/amex-declares-dividend-on-series-c-pref.aspx" /> </item> <item> <guid isPermaLink="false">1049</guid> <link>http://about.americanexpress.com/news/pr/2017/amex-reports-full-year-2016-results.aspx</link> <category>Corporate Information</category> <title>American Express Reports Full Year 2016 EPS Within Guidance Range; Fourth Quarter EPS of $0.88 Reflects Solid Loan Growth and Card Member Spending Along with Higher Investment Levels; Revenue Performance Improves Sequentially; Company Expects 2017 EPS of $5.60 to $5.80</title> <description><p><strong>American Express Company (NYSE: AXP) </strong>today reported fourth-quarter diluted earnings per share of $0.88, down 1 percent from $0.89 a year ago. Excluding a restructuring charge related to cost reduction efforts, adjusted diluted earnings per share was $0.91.<sup>2</sup></p> <p>Fourth-quarter net income was $825 million, down 8 percent from $899 million a year ago. </p> <p>The current quarter included higher spending on growth initiatives, largely reflected in marketing and promotion expenses. The company showed significant progress on its plans to reduce its cost base by $1 billion. Credit quality remained strong, and the company continued to return a substantial amount of capital to its shareholders through share repurchases and dividends. </p> <p>Fourth-quarter consolidated total revenues net of interest expense were $8.0 billion, down 4 percent from $8.4 billion a year ago. Excluding last year&rsquo;s Costco-related business and the effect of foreign exchange rates due to the impact of a stronger U.S. dollar on international operations during the quarter, adjusted revenues net of interest expense increased 6 percent.<sup>3</sup> That increase primarily reflected higher adjusted Card Member spending and adjusted net interest income. </p><p>Consolidated provisions for losses were $625 million, up 9 percent from $572 million a year ago, primarily reflecting higher loan growth. The prior year included credit costs associated with cobrand portfolios that were subsequently sold. Excluding the impact of those portfolios, adjusted provisions for losses increased 20 percent,<sup>4</sup> primarily reflecting higher loan growth and a slight increase in both lending delinquency and net write-off rates. </p> <p>Consolidated expenses were $6.2 billion, down 2 percent from $6.4 billion a year ago. The prior year included an impairment and restructuring charge of $419 million ($335 million after-tax) as well as Costco-related rewards costs. The current quarter reflected substantially higher levels of investment spending on growth initiatives and a $50 million ($32 million after-tax) restructuring charge mentioned above. </p> <p>The effective tax rate for the quarter was 29 percent, down from 38 percent a year ago. The decrease primarily reflected the resolution of certain prior years&rsquo; tax items in the current period, and non-deductible impairment charges in the prior period.</p> <p>The company&rsquo;s return on average equity (ROE) was 26.0 percent, up from 24.0 percent a year ago.</p> <p>For the full year, the company reported net income of $5.4 billion, up 5 percent from $5.2 billion a year ago. Diluted earnings per share was $5.65, compared to $5.05 a year ago. Excluding restructuring charges related to cost reduction efforts, adjusted diluted earnings per share was $5.93.<sup>2</sup> Earnings for the full year were within the company&rsquo;s 2016 guidance range. </p> <p>Revenues net of interest expense for the full year decreased 2 percent to $32.1 billion, from $32.8 billion a year ago. Excluding last year&rsquo;s Costco-related business and the impact of foreign exchange rates, adjusted revenues net of interest expense increased 5 percent.<sup>3</sup></p> <p>For the full year, consolidated expenses decreased 4 percent to $22.0 billion from $22.9 billion a year ago. </p><p>&ldquo;At the start of 2016 we said we would move with a strong sense of urgency to change the trajectory of our business,&rdquo; said Kenneth I. Chenault, chairman and chief executive officer. &ldquo;The results we&rsquo;re reporting today reflect substantial progress on that commitment. Revenue performance strengthened sequentially and showed year-over-year growth on an adjusted basis. We are ahead of plans to reset our cost base and improve our operating efficiency. We were able to make substantial investments to capitalize on opportunities in the marketplace and strengthen our competitive position.</p><p>&ldquo;Earnings per share for 2016 were well above the range we provided at the start of the year and consistent with our revised outlook from last quarter. Our underlying business performance gave us the flexibility to significantly ramp up marketing and promotion initiatives that have been targeted to provide a mix of returns over the short, medium and longer term. </p><p>&ldquo;Card Member spending (adjusted for Costco and the impact of foreign exchange rates) grew 7 percent in the fourth quarter. That increase reflects continued strength in our international markets, accelerated growth among small and mid-sized companies and strong long-term relationships with higher spending consumers. We continued to grow our lending portfolio faster than the market while maintaining industry-leading credit metrics. We acquired over 10 million new cards globally last year, and we added more than a million new merchants to our network in the United States alone.</p><p>&ldquo;While we continue to operate in a very challenging environment, we ended the year in a stronger position than we started and have built momentum across our business. There is still more work to do, but given our progress to date, we expect EPS for 2017 to be between $5.60 and $5.80. That outlook is built on a set of priorities designed to put us in a strong position for 2018 and the years ahead.&rdquo;</p><p><strong>Segment Results</strong></p><p><strong>U.S. Consumer Services </strong>reported fourth-quarter net income of $351 million, down 35 percent from $541 million a year ago. The year-ago period included Costco-related revenues, provisions and expenses. </p><p>Total revenues net of interest expense decreased 10 percent to $3.0 billion, from $3.4 billion a year ago. <br> <br> Provisions for losses totaled $363 million, up 9 percent from $334 million a year ago. The increase primarily reflected higher loan growth and a slight increase in both lending delinquency and net write-off rates.</p> <p>Total expenses were $2.2 billion, down 1 percent. The current quarter included substantially higher investment spending on growth initiatives. The year-ago quarter included Costco-related rewards costs. </p> <p>The effective tax rate was 27 percent compared to 35 percent a year ago, driven primarily by the impact of recurring permanent tax benefits on lower levels of pre-tax income and the resolution of certain prior years&rsquo; tax items.</p> <p><strong>International Consumer and Network Services</strong> reported fourth-quarter net income of $84 million, down 40 percent from $140 million a year ago, primarily reflecting higher investment spending on growth initiatives. </p> <p>Total revenues net of interest expense were $1.4 billion, up 2 percent (up 7 percent FX-adjusted<sup>5</sup>) from a year ago. The increase primarily reflected higher Card Member spending. </p> <p>Provisions for losses totaled $92 million, up 19 percent from $77 million a year ago, reflecting a slight increase in lending net write-off rates. </p> <p>Total expenses were $1.2 billion, up 10 percent (up 14 percent FX-adjusted5) from $1.1 billion a year ago. The increase reflected higher investment spending on growth initiatives.</p><p>The effective tax rate was (2) percent, compared to 24 percent a year ago. The change versus prior year reflected the impact of recurring permanent tax benefits on lower levels of pre-tax income in the current year.</p><p><strong>Global Commercial Services </strong>reported fourth-quarter net income of $382 million, down 22 percent from $487 million a year ago. The year-ago period included Costco-related revenues, provisions and expenses. </p><p>Total revenues net of interest expense were $2.5 billion, up 1 percent from a year ago, reflecting higher Card Member spending. </p><p>Provisions for losses totaled $171 million, up 12 percent from $153 million a year ago. </p><p>Total expenses were $1.8 billion, up 14 percent from $1.6 billion a year ago. The increase reflected higher investment spending on growth initiatives, as well as an increase in rewards expenses.</p><p>The effective tax rate was 30 percent, down from 36 percent a year ago, driven primarily by the impact of recurring permanent tax benefits on lower levels of pre-tax income and the resolution of certain prior years&rsquo; tax items.</p><p><strong>Global Merchant Services </strong>reported fourth-quarter net income of $369 million, up 1 percent from $364 million a year ago.</p><p>Total revenues net of interest expense were $1.1 billion, down 7 percent from $1.2 billion a year ago. The year-ago period included Costco-related revenues. </p><p>Total expenses were $560 million, down 10 percent from $621 million a year ago. The current quarter reflected lower fraud expenses, while the prior year included higher investment spending in the Loyalty Coalition business. </p><p>The effective tax rate was 34 percent, down from 37 percent from a year ago.<strong></strong></p><p><strong>Corporate and Other </strong>reported fourth-quarter net loss of $361 million compared with net loss of $633 million a year ago, which included the previously mentioned impairment charge.</p><br><HR><br> <p><strong>About American Express</strong><br>American Express is a global services company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at <a href="http://www.americanexpress.com">americanexpress.com</a>, and connect with us on <a href="http://www.facebook.com/americanexpress">facebook.com/americanexpress</a>, <a href="https://foursquare.com/americanexpress">foursquare.com/americanexpress</a>, <a href="http://www.linkedin.com/company/american-express">linkedin.com/company/american-express</a>, <a href="http://twitter.com/americanexpress">twitter.com/americanexpress</a>, and <a href="http://www.youtube.com/americanexpress">youtube.com/americanexpress</a>.</p><p>Key links to products, services and corporate responsibility information: <a href="https://www304.americanexpress.com/credit-card?extlink=dw-us-pr-bp">charge and credit cards</a>, <a href="https://www.americanexpress.com/us/small-business/credit-cards/">business credit cards</a>, <a href="http://www.plenti.com/">Plenti rewards program</a>, <a href="https://travel.americanexpress.com/home?extlink=dw-us-pr-bp">travel services</a>, <a href="http://www.americanexpress.com/gift-cards/?extlink=dw-us-pr-bp">gift cards</a>, <a href="https://www.americanexpress.com/us/content/prepaid/reloadable-cards.html">prepaid cards</a>, <a href="https://www209.americanexpress.com/merchant/marketing-data/pages/home?extlink=dw-us-pr-bp">merchant services</a>, <a href="http://www.accertify.com/">Accertify</a>, <a href="http://business.americanexpress.com/us?extlink=dw-us-pr-bp">corporate card</a>, <a href="https://businesstravel.americanexpress.com/?extlink=dw-us-pr-bp">business travel</a>, and <a href="http://about.americanexpress.com/csr/">corporate responsibility</a>. </p><p><strong>This earnings release should be read in conjunction with the Company&rsquo;s statistical tables for the fourth-quarter 2016, available on the American Express website at </strong><a href="http://ir.americanexpress.com"><strong>http://ir.americanexpress.com</strong></a><strong> and in a Form 8-K filed today with the Securities and Exchange Commission.</strong></p><p>An investor conference call will be held at 5:00 p.m. (ET) today to discuss fourth-quarter earnings results. Live audio and presentation slides for the investor conference call will be available to the general public on the above-mentioned American Express Investor Relations website. A replay of the conference call will be available later today at the same website address. </p> <br><hr><br><p><strong><em>Media Contact</em></strong><strong>:</strong><br> Marina H. Norville, <a href="mailto:marina.h.norville@aexp.com">marina.h.norville@aexp.com</a><u>,</u> +1.212.640.2832 </p><p><strong><em>Investors/Analysts Contacts</em></strong><strong>: </strong><br> Ken Paukowits, <a href="mailto:ken.f.paukowits@aexp.com">ken.f.paukowits@aexp.com</a>, +1.212.640.6348<br> Toby Willard, <a href="file:///C:\Users\mhoffma\AppData\Local\Microsoft\Windows\Temporary%20Internet%20Files\Content.Outlook\HKCRVXEJ\sherwood.s.willardjr@aexp.com">sherwood.s.willardjr@aexp.com</a>, +1.212.640.5574</p> <br><hr><br> <!-- #include file="/news/images/fls4q2016.html" --></description> <pubDate>Thu, 19 Jan 2017 00:00:00 -0500</pubDate> <a10:updated>2017-01-19T00:00:00-05:00</a10:updated> <a10:content type="text/html; charset=utf-8" src="http://about.americanexpress.com/news/pr/2017/amex-reports-full-year-2016-results.aspx" /> </item> <item> <guid isPermaLink="false">1047</guid> <link>http://about.americanexpress.com/news/pr/2017/live-audio-webcast-4th-quarter-2016-earnings.aspx</link> <category>Corporate Information</category> <title>American Express Plans Live Audio Webcast of the Fourth Quarter 2016 Earnings Conference Call</title> <description><p>American Express Company (NYSE: AXP) plans to host a live audio webcast of its earnings conference call at 5:00 p.m. (ET) on Thursday, January 19, 2017 to discuss fourth quarter and full-year 2016 financial results. The Company's financial results are scheduled to be announced shortly after the market closes that day.</p> <p>The live audio webcast will be accessible to the general public through the American Express Investor Relations website at <a href="http://ir.americanexpress.com/">http://ir.americanexpress.com</a>. Earnings presentation materials will be posted on the website prior to the conference call and an audio replay will be available on the website following the call.</p> <p><strong>About American Express<br /> </strong>American Express is a global services company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at <a href="https://www.americanexpress.com/?extlink=dw-us-pr-bp">americanexpress.com</a> and connect with us on <a href="https://www.facebook.com/americanexpress">facebook.com/americanexpress</a>, <a href="https://foursquare.com/americanexpress">foursquare.com/americanexpress</a>, <a href="http://www.linkedin.com/company/american-express">linkedin.com/company/american-express</a>, <a href="http://twitter.com/americanexpress">twitter.com/americanexpress</a>, and <a href="http://www.youtube.com/americanexpress">youtube.com/americanexpress</a>.</p> <p>Key links to products, services and corporate responsibility information: <a href="https://www304.americanexpress.com/credit-card?extlink=dw-us-pr-bp">charge and credit cards</a>, <a href="https://www.americanexpress.com/us/small-business/credit-cards/">business credit cards</a>, <a href="http://www.plenti.com/">Plenti rewards program</a>, <a href="https://travel.americanexpress.com/home?extlink=dw-us-pr-bp">travel services</a>, <a href="http://www.americanexpress.com/gift-cards/?extlink=dw-us-pr-bp">gift cards</a>, <a href="https://www.americanexpress.com/us/content/prepaid/reloadable-cards.html">prepaid cards</a>, <a href="https://www209.americanexpress.com/merchant/marketing-data/pages/home?extlink=dw-us-pr-bp">merchant services</a>, <a href="http://www.accertify.com/en/">Accertify</a>, <a href="http://business.americanexpress.com/us?extlink=dw-us-pr-bp">corporate card</a>, <a href="https://businesstravel.americanexpress.com/?extlink=dw-us-pr-bp">business travel</a> and <a href="http://about.americanexpress.com/csr">corporate responsibility</a>.</p></description> <pubDate>Wed, 04 Jan 2017 00:00:00 -0500</pubDate> <a10:updated>2017-01-04T00:00:00-05:00</a10:updated> <a10:content type="text/html; charset=utf-8" src="http://about.americanexpress.com/news/pr/2017/live-audio-webcast-4th-quarter-2016-earnings.aspx" /> </item> <item> <guid isPermaLink="false">1043</guid> <link>http://about.americanexpress.com/news/pr/2016/amex-increases-parental-leave.aspx</link> <category>Corporate Information</category> <title>American Express Increases Parental Leave and Family Benefits for U.S. Employees Beginning January 1, 2017</title> <description><p class="aBody1">American Express (NYSE: AXP) today announced that the company&rsquo;s U.S.-based regular full-time and part-time employees will be eligible for 20 weeks of paid parental leave. In addition, the company will be increasing its employee benefits for reproductive services, surrogacy, adoption and lactation.</p> <p class="aBody1">The new paid parental leave policy covers women and men welcoming a child through birth, adoption and surrogacy. In addition to the 20 weeks of paid parental leave, birthing mothers will be eligible to receive paid, medically-necessary leave related to the birth of their child, which is generally, six to eight additional weeks.</p> <p class="aBody1">To help ensure employees feel supported from the moment they decide to become parents through their return to work and beyond, American Express is also increasing a variety of family benefits. Beginning January 1, 2017, U.S.-based employees will be eligible for:</p> <ul><li>Reimbursement of expenses up to $35,000 to help with the cost of an adoption or surrogacy event (up to a maximum of two events per employee); </li><li>A lifetime maximum benefit of $35,000 for reproductive and fertility treatments, available under the company&rsquo;s health plans;</li><li>Free 24-hour access to board-certified lactation consultants; and</li><li>Free breast-milk shipping while traveling on company business.</li></ul> <p>&ldquo;American Express remains deeply committed to our working families and an inclusive culture that supports all of our employees,&rdquo; says Kevin Cox, Chief Human Resources Officer, American Express. &ldquo;These significant enhancements to our benefits reflect a continued investment in the overall well-being of our employees and their families.&rdquo;</p> <p class="aBody1">Additionally, beginning in January, expectant parents will have access to a parent concierge, who will help employees understand and navigate parental leave and the wide array of parental resources and programs available to them.</p> <p class="aBody1">Over the years, American Express has supported working parents in the U.S. by offering them a holistic suite of family benefits, ranging from prenatal planning to the opportunity to apply for college scholarships. Beyond the benefit changes announced today, American Express provides a comprehensive package of free, family-friendly benefits to help parents manage work and caregiving responsibilities. Some benefits include:</p> <ul><li>Personal Concierge Services, programs providing employees with a variety of discounts and access to a group of researchers, ready and able to help with their to-do lists;</li><li>Back-Up Care, a program that provides employees with up to 20 days, per dependent, per calendar year, of quality in-home or center-based care;</li><li>Healthy Babies, a program for expectant mothers, providing them with a wide-range of healthcare resources and incentives; and</li><li>Flexible work arrangements, allowing employees to work directly with their leaders to determine the best work arrangement for their role. </li></ul> <p class="aBody1">Through these benefits changes and existing offerings, American Express provides one of the most robust suites of parental benefits among financial services companies operating in the U.S. People interested in learning more about careers at American Express in the U.S. can visit: <a href="https://jobs.americanexpress.com/us">https://jobs.americanexpress.com/us</a>.</p> <p><strong>About American Express<span style="text-decoration: underline;"><br /></span></strong>American Express is a global services company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at <a href="http://www.americanexpress.com/">americanexpress.com</a>, and connect with us on <a href="http://www.facebook.com/americanexpress">facebook.com/americanexpress</a>, <a href="https://foursquare.com/americanexpress">foursquare.com/americanexpress</a>, <a href="http://www.linkedin.com/company/american-express">linkedin.com/company/american-express</a>, <a href="http://twitter.com/americanexpress">twitter.com/americanexpress</a>, and <a href="http://www.youtube.com/americanexpress">youtube.com/americanexpress</a>.</p> <p>Key links to products, services and corporate responsibility information: <a href="https://www304.americanexpress.com/credit-card?extlink=dw-us-pr-bp">charge and credit cards</a>, <a href="https://www.americanexpress.com/us/small-business/credit-cards/">business credit cards</a>, <a href="http://www.plenti.com/">Plenti rewards program</a>, <a href="https://travel.americanexpress.com/home?extlink=dw-us-pr-bp">travel services</a>, <a href="http://www.americanexpress.com/gift-cards/?extlink=dw-us-pr-bp">gift cards</a>, <a href="https://www.americanexpress.com/us/content/prepaid/reloadable-cards.html">prepaid cards</a>, <a href="https://www209.americanexpress.com/merchant/marketing-data/pages/home?extlink=dw-us-pr-bp">merchant services</a>, <a href="http://www.accertify.com/">Accertify</a>, <a href="http://business.americanexpress.com/us?extlink=dw-us-pr-bp">corporate card</a>, <a href="https://businesstravel.americanexpress.com/?extlink=dw-us-pr-bp">business travel</a>, and <a href="http://about.americanexpress.com/csr/">corporate responsibility</a>.</p></description> <pubDate>Mon, 12 Dec 2016 00:00:00 -0500</pubDate> <a10:updated>2016-12-12T00:00:00-05:00</a10:updated> <a10:content type="text/html; charset=utf-8" src="http://about.americanexpress.com/news/pr/2016/amex-increases-parental-leave.aspx" /> </item> <item> <guid isPermaLink="false">1042</guid> <link>http://about.americanexpress.com/news/pr/2016/amex--acquires-inauth.aspx</link> <category>Consumer Cards</category> <category>Corporate Information</category> <category>Mobile</category> <title>American Express® to Enhance Fraud-Prevention and Security Capabilities With Acquisition of InAuth</title> <description><p>As an extension of the company&rsquo;s multilayered strategy for fighting fraud, American Express (NYSE:AXP) today announced it has acquired InAuth, Inc., a leading provider of mobile device authentication and intelligence solutions. InAuth&rsquo;s technology is used by some of the largest financial institutions, banks, payment networks and merchants to reduce risk and help identify potential fraud utilizing its mobile-first device authentication capabilities. </p><p>The acquisition complements and enhances American Express&rsquo; comprehensive data analytics and fraud prevention capabilities, which have enabled the company to achieve the lowest fraud rates in the industry. The acquisition also positions the company to capture new opportunities as more consumer activity – from payments to account origination and servicing – moves to digital channels. As commerce has increasingly shifted to online and mobile channels, so too has the risk of fraud. Seventy percent of U.S. merchants have experienced an increase in sales through online and mobile channels over the previous year, according to the <a href="http://about.americanexpress.com/news/pr/2016/security-steps-prevent-online-fraud-survey.aspx">2016 American Express Digital Payments Security Survey.</a> At the same time, 60% of merchants reported having experienced fraud from online and mobile sales. </p><p>&ldquo;Security is part of our heritage, and helping our merchants and partners fight fraud is a top priority for American Express,&rdquo; said Anré Williams, President, Global Merchant Services &amp; Loyalty Group at American Express. &ldquo;We&rsquo;re acquiring the right company at the right time to evolve our leadership position in fraud management and security. This acquisition, along with Accertify and other significant investments&nbsp;we&rsquo;ve made in data analytics and technology, will help us continue to offer security and protection to our merchants and partners as mobile and online spending drive commerce.&rdquo;</p><p>Founded in 2011, InAuth helps clients identify risk, remove friction and reduce fraud in their digital channels. InAuth&rsquo;s platform uses device authentication to enable clients to evaluate the potential risk of a digital transaction, whether it be a customer logging into their account on a mobile app or web browser, or making a purchase from a merchant&rsquo;s website. American Express currently uses InAuth&rsquo;s technology as part of its broader fraud management capabilities, and InAuth&rsquo;s services are also sold by Accertify, a subsidiary of American Express that is a leading provider of ecommerce fraud-management and chargeback solutions to merchants.</p><p>Lisa Stanton, Chief Executive Officer of InAuth, will continue as President. She will report to Jaromir Divilek, Senior Vice President, Global Network Business, American Express. </p><p>&ldquo;InAuth is thrilled about how this union will further enable us to deliver on our mission of helping the largest industry players around the globe, including banks, merchants and payment networks, make smarter risk decisions,&rdquo; Stanton said. &ldquo;As part of American Express, we will be able to build on the strong partnership we already have in place to gain scale, accelerate our expansion and, over time, work together to develop new capabilities that address the rapidly evolving world of digital commerce.&rdquo;</p><p>Going forward, InAuth will operate as a wholly-owned subsidiary of American Express. The acquisition follows an investment in InAuth made earlier this year by American Express Ventures, the strategic investment arm of American Express.</p><p>InAuth&rsquo;s technology will extend the innovative capabilities that American Express has developed in its technology platforms to support a new generation of digital products, and will complement the robust suite of tools that it already provides to help merchants fight fraud and help protect consumers. These tools include SafeKey, Enhanced Authorization and Accertify, which helps merchants detect and prevent online fraud across all payment card networks. American Express also offers a number of services and features to help Card Members monitor their account information and help prevent fraud at the point of sale, including one-click alerts to confirm charges via text, email and mobile app.</p><p><strong>About American Express</strong><br> American Express is a global services company, providing customers with access to products, insights and experiences that enrich lives and build business success.&nbsp;Learn more at&nbsp;<a href="http://www.americanexpress.com">americanexpress.com</a> and connect with us on&nbsp;<a href="http://www.facebook.com/americanexpress">facebook.com/americanexpress</a>, <a href="https://foursquare.com/americanexpress">foursquare.com/americanexpress</a>, <a href="http://www.linkedin.com/company/american-express">linkedin.com/company/american-express</a>, <a href="http://twitter.com/americanexpress">twitter.com/americanexpress</a>, and <a href="http://www.youtube.com/americanexpress">youtube.com/americanexpress</a>.</p><p>Key links to products, services and corporate responsibility information: <a href="https://www304.americanexpress.com/credit-card?extlink=dw-us-pr-bp">charge and credit cards</a>, <a href="https://www.americanexpress.com/us/small-business/credit-cards/">business credit cards</a>, <a href="http://www.plenti.com/">Plenti rewards program</a>, <a href="https://travel.americanexpress.com/home?extlink=dw-us-pr-bp">travel services</a>, <a href="http://www.americanexpress.com/gift-cards/?extlink=dw-us-pr-bp">gift cards</a>, <a href="https://www.americanexpress.com/us/content/prepaid/reloadable-cards.html">prepaid cards</a>, <a href="https://www209.americanexpress.com/merchant/marketing-data/pages/home?extlink=dw-us-pr-bp">merchant services</a>, <a href="http://www.accertify.com">Accertify</a>, <a href="http://business.americanexpress.com/us?extlink=dw-us-pr-bp">corporate card</a>,&nbsp;<a href="https://businesstravel.americanexpress.com/?extlink=dw-us-pr-bp">business travel</a> and <a href="http://about.americanexpress.com/csr/">corporate responsibility</a>.</p><p><strong>About InAuth</strong><br> InAuth is the leading digital device intelligence company for a mobile-first world. InAuth delivers advanced device identification, risk detection, and analysis capabilities to help organizations limit risk, remove friction, and reduce fraud within their digital channels. With safer digital transactions, banks, payment networks, merchants, healthcare providers, governments, and other organizations are better positioned to capture new revenue opportunities and compete more effectively in an &ldquo;always-on&rdquo; world. For more information, visit&nbsp;<a href="http://www.inauth.com/">www.InAuth.com</a>. </p><p><em>Information Related To Forward-Looking Statements</em><br> <em>This release includes forward-looking statements that reflect management&rsquo;s expectations about future events and the company&rsquo;s operating plans and performance.&nbsp; These forward-looking statements are subject to risks and uncertainties. The words &ldquo;believe,&rdquo; &ldquo;hope,&rdquo; &ldquo;expect,&rdquo; &ldquo;anticipate,&rdquo; &ldquo;intend,&rdquo; &ldquo;plan,&rdquo; &ldquo;aim,&rdquo; &ldquo;will,&rdquo; &ldquo;may,&rdquo; &ldquo;should,&rdquo; &ldquo;could,&rdquo; &ldquo;would,&rdquo; &ldquo;likely,&rdquo; and similar expressions are intended to identify forward-looking statements.&nbsp; Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made.&nbsp; American Express undertakes no obligation to update or revise any forward-looking statements.&nbsp; Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, the following:&nbsp; the underlying assumptions related to the acquisition of InAuth proving to be inaccurate or unrealized, and the company&rsquo;s ability to successfully integrate InAuth following consummation of the transaction.&nbsp; A further description of such factors can be found in American Express&rsquo; Annual Report on Form 10-K for the year ended December 31, 2015 and the company&rsquo;s other reports filed with the SEC.</em></p> <div id="footnote1"><sup>1</sup>Merchants refer to those businesses who accept payments on a traditional website, mobile website or mobile application.</div></description> <pubDate>Tue, 06 Dec 2016 00:00:00 -0500</pubDate> <a10:updated>2016-12-06T00:00:00-05:00</a10:updated> <a10:content type="text/html; charset=utf-8" src="http://about.americanexpress.com/news/pr/2016/amex--acquires-inauth.aspx" /> </item> <item> <guid isPermaLink="false">1040</guid> <link>http://about.americanexpress.com/news/pr/2016/amex-extends-emv-fraud-liability-shift-date.aspx</link> <category>Corporate Cards & Services</category> <category>Consumer Cards</category> <category>Corporate Information</category> <category>Merchants</category> <title>American Express Provides Increased Flexibility to Fuel Merchants By Extending U.S. EMV Fraud Liability Shift Date</title> <description><p>American Express announced today that it plans to extend the effective date of its EMV Fraud Liability Shift for U.S. fuel merchants by three years, to October 2020. The extension will give U.S. fuel merchants increased flexibility in their fight against fraud by providing additional time to upgrade their automatic fuel dispenser systems to accept EMV chip cards. Starting October 2020, U.S. fuel merchants may be held liable for fraud chargebacks that result from payment transactions performed at automatic fuel dispensers if they have not enabled these devices to accept EMV chip cards.</p> <p>&ldquo;American Express is committed to helping merchants fight fraud and supporting their efforts to manage the costs of upgrading to EMV,&rdquo; said Jaromir Divilek, Senior Vice President, Global Network Business, American Express. &ldquo;U.S. fuel merchants face unique circumstances, including complexity of the hardware upgrade and the process involved in making the updates necessary to accept EMV chip cards at automatic fuel dispensers. We want to ensure these merchants have the time necessary to work through this process so they can upgrade their systems to accept EMV chip cards and enhance their security.&rdquo;</p> <p>American Express first announced its U.S. EMV roadmap in 2012. Since that time, the company has worked closely with its merchants, third-party processors, and other partners to ensure they have the tools and resources necessary to upgrade their point-of-sale systems so they can accept EMV chip cards. As of October, more than one third of the U.S. Card Present transactions on the American Express Global Network are chip card transactions occurring at EMV-enabled terminals. In addition, nearly all of our U.S. consumer, small business and corporate cards contain EMV chips.</p> <p>American Express has also taken other steps to help U.S. merchants limit their fraud costs as they upgrade their POS systems. In June, the company announced changes to its EMV chargeback policy that are in effect until April 2018. Under those changes, U.S. merchants are not held liable for chargebacks for counterfeit fraud when a transaction is under $25. In addition, the company is limiting the number of counterfeit fraud chargebacks to a total of 10 per card account. The card issuer &ndash; not the merchant &ndash; bears the financial liability for any additional counterfeit fraud transactions that are disputed on a card account after 10 chargebacks. This limit does not prevent a Card Member from disputing additional fraudulent transactions.</p> <p>American Express also offers merchant acquirers a self-certification program that allows them to perform the tests necessary to certify merchants&rsquo; POS devices for EMV acceptance. The program enables merchant acquirers to complete the required POS certifications within as little as a few hours. Today, the vast majority of U.S. POS certifications on the American Express Global Network are performed using the self-certification program. For more information about the self-certification program, merchant acquirers can visit: <a href="https://network.americanexpress.com/en/globalnetwork/certification/">https://network.americanexpress.com/en/globalnetwork/certification/</a>.</p> <p><strong>About American Express<br /> </strong>American Express is a global services company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at <a href="https://www.americanexpress.com/?extlink=dw-us-pr-bp">americanexpress.com</a> and connect with us on <a href="https://www.facebook.com/americanexpress">facebook.com/americanexpress</a>, <a href="https://foursquare.com/americanexpress">foursquare.com/americanexpress</a>, <a href="http://www.linkedin.com/company/american-express">linkedin.com/company/american-express</a>, <a href="http://twitter.com/americanexpress">twitter.com/americanexpress</a>, and <a href="http://www.youtube.com/americanexpress">youtube.com/americanexpress</a>.</p> <p>Key links to products, services and corporate responsibility information: <a href="https://www304.americanexpress.com/credit-card?extlink=dw-us-pr-bp">charge and credit cards</a>, <a href="https://www.americanexpress.com/us/small-business/credit-cards/">business credit cards</a>, <a href="http://www.plenti.com/">Plenti rewards program</a>, <a href="https://travel.americanexpress.com/home?extlink=dw-us-pr-bp">travel services</a>, <a href="http://www.americanexpress.com/gift-cards/?extlink=dw-us-pr-bp">gift cards</a>, <a href="https://www.americanexpress.com/us/content/prepaid/reloadable-cards.html">prepaid cards</a>, <a href="https://www209.americanexpress.com/merchant/marketing-data/pages/home?extlink=dw-us-pr-bp">merchant services</a>, <a href="http://www.accertify.com/en/">Accertify</a>, <a href="http://business.americanexpress.com/us?extlink=dw-us-pr-bp">corporate card</a>, <a href="https://businesstravel.americanexpress.com/?extlink=dw-us-pr-bp">business travel</a> and <a href="http://about.americanexpress.com/csr">corporate responsibility</a>.</p></description> <pubDate>Fri, 02 Dec 2016 00:00:00 -0500</pubDate> <a10:updated>2016-12-02T00:00:00-05:00</a10:updated> <a10:content type="text/html; charset=utf-8" src="http://about.americanexpress.com/news/pr/2016/amex-extends-emv-fraud-liability-shift-date.aspx" /> </item> <item> <guid isPermaLink="false">1039</guid> <link>http://about.americanexpress.com/news/pr/2016/chenault-participate-goldman-sachs-conference.aspx</link> <category>Corporate Information</category> <title>American Express Chief Executive Officer to Participate in the Goldman Sachs U.S. Financial Services Conference</title> <description><p>American Express (NYSE: AXP) Chairman and Chief Executive Officer, Kenneth I. Chenault, will present at the Goldman Sachs U.S. Financial Services Conference in New York City, on Tuesday, December 6, 2016, at 10:50 a.m. (ET). Mr. Chenault&rsquo;s presentation will be focused on the Company&rsquo;s business strategy. After the presentation, Mr. Chenault will participate in a question-and-answer session.</p><p align="left">A live audio webcast will be made available to the general public through the American Express Investor Relations website at <a href="http://ir.americanexpress.com">http://ir.americanexpress.com</a>. An audio replay of the presentation will be available after the event at the same website address.</p> <p><strong>About American Express<br></strong>American Express is a global services company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at <a href="https://www.americanexpress.com/?extlink=dw-us-pr-bp">americanexpress.com</a> and connect with us on <a href="https://www.facebook.com/americanexpress">facebook.com/americanexpress</a>, <a href="https://foursquare.com/americanexpress">foursquare.com/americanexpress</a>, <a href="http://www.linkedin.com/company/american-express">linkedin.com/company/american-express</a>, <a href="http://twitter.com/americanexpress">twitter.com/americanexpress</a>, and <a href="http://www.youtube.com/americanexpress">youtube.com/americanexpress</a>.</p><p>Key links to products, services and corporate responsibility information: <a href="https://www304.americanexpress.com/credit-card?extlink=dw-us-pr-bp">charge and credit cards</a>, <a href="https://www.americanexpress.com/us/small-business/credit-cards/">business credit cards</a>, <a href="http://www.plenti.com/">Plenti rewards program</a>, <a href="https://travel.americanexpress.com/home?extlink=dw-us-pr-bp">travel services</a>, <a href="http://www.americanexpress.com/gift-cards/?extlink=dw-us-pr-bp">gift cards</a>, <a href="https://www.americanexpress.com/us/content/prepaid/reloadable-cards.html">prepaid cards</a>, <a href="https://www209.americanexpress.com/merchant/marketing-data/pages/home?extlink=dw-us-pr-bp">merchant services</a>, <a href="http://www.accertify.com/en/">Accertify</a>, <a href="http://business.americanexpress.com/us?extlink=dw-us-pr-bp">corporate card</a>, <a href="https://businesstravel.americanexpress.com/?extlink=dw-us-pr-bp">business travel</a> and <a href="http://about.americanexpress.com/csr">corporate responsibility</a>.</p></description> <pubDate>Mon, 28 Nov 2016 00:00:00 -0500</pubDate> <a10:updated>2016-11-28T00:00:00-05:00</a10:updated> <a10:content type="text/html; charset=utf-8" src="http://about.americanexpress.com/news/pr/2016/chenault-participate-goldman-sachs-conference.aspx" /> </item> <item> <guid isPermaLink="false">1037</guid> <link>http://about.americanexpress.com/news/pr/2016/amex-dividend-payable-february-17-2017.aspx</link> <category>Corporate Information</category> <title>American Express Declares Regular Quarterly Dividend</title> <description><p>The board of directors of American Express Company (NYSE: AXP) today declared a regular quarterly dividend of $0.32 per common share, payable on February 10, 2017 to shareholders of record on January 6, 2017.</p> <p><strong>About American Express</strong><br>American Express is a global services company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at <a href="http://www.americanexpress.com/">americanexpress.com</a> and connect with us on <a href="http://www.facebook.com/americanexpress">facebook.com/americanexpress</a>, <a href="https://foursquare.com/americanexpress">foursquare.com/americanexpress</a>, <a href="http://www.linkedin.com/company/american-express">linkedin.com/company/american-express</a>, <a href="http://twitter.com/americanexpress">twitter.com/americanexpress</a>, and <a href="http://www.youtube.com/americanexpress">youtube.com/americanexpress</a>.</p> <p>Key links to products, services and corporate responsibility information: <a href="https://www304.americanexpress.com/credit-card?extlink=dw-us-pr-bp">charge and credit cards</a>, <a href="https://www.americanexpress.com/us/small-business/credit-cards/">business credit cards</a>, <a href="http://www.plenti.com/">Plenti rewards program</a>, <a href="https://travel.americanexpress.com/home?extlink=dw-us-pr-bp">travel services</a>, <a href="http://www.americanexpress.com/gift-cards/?extlink=dw-us-pr-bp">gift cards</a>, <a href="https://www.americanexpress.com/us/content/prepaid/reloadable-cards.html">prepaid cards</a>, <a href="https://www209.americanexpress.com/merchant/marketing-data/pages/home?extlink=dw-us-pr-bp">merchant services</a>, <a href="http://www.accertify.com/">Accertify</a>, <a href="http://business.americanexpress.com/us?extlink=dw-us-pr-bp">corporate card</a>, <a href="https://businesstravel.americanexpress.com/?extlink=dw-us-pr-bp">business travel</a> and <a href="http://about.americanexpress.com/csr/">corporate responsibility</a>.</p></description> <pubDate>Tue, 22 Nov 2016 00:00:00 -0500</pubDate> <a10:updated>2016-11-22T00:00:00-05:00</a10:updated> <a10:content type="text/html; charset=utf-8" src="http://about.americanexpress.com/news/pr/2016/amex-dividend-payable-february-17-2017.aspx" /> </item> <item> <guid isPermaLink="false">1033</guid> <link>http://about.americanexpress.com/news/pr/2016/retailers-strong-sales-this-holiday-season.aspx</link> <category>Corporate Information</category> <category>Merchants</category> <category>Small Business</category> <title>Majority of U.S. Small and Middle Market Retailers Expect Strong Sales this Holiday Season, According to the American Express Holiday Growth Pulse</title> <description><p>As businesses gear up for the holiday season, they are optimistic about sales and predict growth for the next quarter and into 2017, according to the American Express Holiday Growth Pulse, a survey of 1,502 small and middle market businesses across a variety of industries. Specifically in the retail industry, nearly six in ten (59%) small business retailers think holiday sales will be stronger compared to last year, and 34% think they will be roughly the same as last year. Small business retailers (companies with fewer than 100 employees and annual revenues of $250,000 or greater) are not alone in their positive outlook &ndash; 81% of middle market retailers (companies with $10 million to $1 billion in annual revenues) also feel sales will be stronger than last year.</p> <p><strong>Retailers See Growth Potential in 2017 as Contingent on Successful 2016 Holiday Season</strong><br /> <a href="http://www.shopsmall.com">Small Business Saturday</a> often marks the start of the busy holiday shopping season for small retailers, and holiday sales are a significant indicator of future growth for many of these businesses. Nearly six in ten (59%) small business retailers see their potential for growth in 2017 as being contingent on a successful holiday season. Middle market retailers feel even stronger about the importance of the holidays, with 89% saying their potential for growth in 2017 will be contingent on a successful 2016 holiday season. To ensure they can meet demand, the majority of middle market retailers (77%) plan to hire additional staff for the holidays, while less than one third (31%) of small business retailers plan to add staff.</p> <p>&ldquo;Retailers are optimistic about the upcoming holiday season and the impact it will have on their growth in 2017,&rdquo; said Susan Sobbott, President of Global Commercial Payments at American Express. &ldquo;As small and middle market retailers gear up for this critical season, many are offering promotions to draw customers in, and hire additional staff to ensure quality customer service during the busy season.&rdquo;</p> <p><strong>Retailers Feel the Pressure to Discount; Use Social Media to Stand Out</strong><br /> Given the importance of the holiday season, small and middle market retailers are putting a great deal of effort into making sure they see strong results. As retailers of any size look for ways to succeed, many feel they will need to offer sales and promotions. Sixty-four percent of small business retailers, and 88% of middle market retailers, think they will need to be more aggressive in sales and promotions in order to stand out. As a way to raise their company&rsquo;s profile, 89% of small business retailers will utilize social media this holiday season; of those, the greatest number are using Facebook (81%).</p> <p>More than two-thirds of small business retailers (67%) say their company will be offering holiday discounts this year. Among those offering holiday discounts:</p> <ul> <li>58% will start offering holiday discounts the same time as last year </li> <li>42% will start offering holiday discounts earlier</li> </ul> <p><strong>Small Businesses Plan to Spend More on Gifts and Parties, Middle Market Companies to Give Larger Bonuses</strong><br /> As small businesses across a variety of industries anticipate a successful holiday season, they plan to spend more than last year to thank current customers with gifts and reward employees with more generous holiday parties. More than seven in ten (71%) small businesses will spend money on holiday gifts for clients or customers this year. On average they will spend a total of $6,700; an increase of $1,330 over 2015. Almost nine in ten (87%) middle market companies also plan to give holiday gifts for clients and customers.</p> <p>In terms of small business&rsquo; plans for staff this holiday season, more than two-thirds (69%) plan to host a holiday party or get together. For those hosting a holiday party, the average amount they expect to spend is $3,000; which is a $900 increase over last year.&nbsp;</p> <p>Additionally, more than three-quarters of small business owners (80%), and 87% of middle market companies across industries are planning to give their employees bonuses this year. When it comes to the type of bonus they will receive, 54% of small business owners indicate that their employees can expect something equivalent to &ldquo;a small stocking stuffer&rdquo; (less than 5% of annual salary), 22% expect to give a gift &ldquo;too large to fit in the stocking&rdquo; (5 to 15% of salary) and only 4% will give staff the &ldquo;gift of their dreams&rdquo; (more than 15% of their salary). However, 20% say their employees should expect &ldquo;a lump of coal&rdquo; (no bonus at all). Middle market employees can expect slightly larger bonuses &ndash; 14% will be getting the holiday gift of their dreams (more than 15% of salary), 37% will be getting a gift too large to fit in the stocking (5-15% of salary), and 37% will get a small stocking stuffer (less than 5% of salary).</p> <p><strong>Despite Expectations for Growth, Holiday Season Is Not Carefree</strong><br /> In the near term, growth overall is the top priority for small and middle market companies across industries. Roughly three quarters (74%) of small businesses and more than nine in ten (91%) middle market companies identify growth as their top priority. As they consider expansion, 59% of small businesses expect their business to grow over the next quarter - with half who say their company will be &lsquo;making gains&rsquo; (50%) and nearly one in ten who say their company will be &lsquo;expanding by leaps and bounds&rsquo; (9%).</p> <p>Despite their positive outlook and focus on growth, there are causes for concern during the holiday season:&nbsp;</p> <ul> <li>Employee productivity (41%) and data security (38%) will be greater concerns during the holidays than during any other time of the year for small businesses from various industries.</li> <li>For middle market companies across industries, employee productivity is the greatest cause for concern around the holidays (24%) and 78% agree that employee productivity will be a greater concern at their company during the holidays than during any other time of the year. Additionally, 76% agree that data security will be a greater concern during the holidays than during any other time of the year.</li> </ul> <p><strong>Survey Methodology</strong><br /> <em>The American Express Holiday Growth Pulse is based on a nationally representative sample of 1,000 U.S. small business owners/managers, defined for the purposes of this survey as companies with fewer than 100 employees and annual revenues of $250,000 or greater, and 502 middle market companies, defined for the purposes of this survey as companies ranging in size from $10 million to $1 billion in annual revenues. The anonymous survey was conducted online among financial decision makers, owners and managers October 4-16, 2016. The survey has a margin of error of +/- 3.1% at the 95% level of confidence for the small business sample of 1000 and a margin of error of +/- 4.4% at the 95% level of confidence for the sample of 502 middle market companies. Sub-samples of small business and middle market retailers have higher error rates.</em></p> <p><strong>About American Express Global Commercial Payments</strong><br /> Through its Global Commercial Payments division, American Express offers a suite of payment and lending&nbsp;products that help businesses and organizations of all sizes gain financial savings, control and efficiency.&nbsp;Global Commercial Payments provides solutions for travel and everyday business spending, cross border payments, global currency solutions, and business financing.</p> <p>To learn more about Global Commercial Payments visit <a href="https://business.americanexpress.com">business.americanexpress.com</a>.</p> <p>To learn more about American Express OPEN, which provides products and services for small businesses and entrepreneurs in the United States, visit <a href="http://www.open.com/">www.OPEN.com</a>.</p></description> <pubDate>Thu, 10 Nov 2016 00:00:00 -0500</pubDate> <a10:updated>2016-11-10T00:00:00-05:00</a10:updated> <a10:content type="text/html; charset=utf-8" src="http://about.americanexpress.com/news/pr/2016/retailers-strong-sales-this-holiday-season.aspx" /> </item> <item> <guid isPermaLink="false">1034</guid> <link>http://about.americanexpress.com/news/pr/2016/amex-teams-with-shaquille-oneal-and-friends.aspx</link> <category>Consumer Cards</category> <category>Corporate Information</category> <category>Small Business</category> <category>Social</category> <title>American Express Teams Up with Shaquille O’Neal and Friends to Drive Card Members to Shop Small and Earn Big Rewards</title> <description><p>American Express has teamed up with basketball icon Shaquille O&rsquo;Neal to encourage Card Members to Shop Small and get 2X Rewards this holiday season. As part of the partnership, American Express will be working with O&rsquo;Neal to raise awareness for the company&rsquo;s largest and longest running campaign to connect Card Members with their favorite small businesses – <a href="amex-2x-rewards-small-business-saturday.aspx">the Shop Small<sup>®</sup> for 2X Rewards offer</a>. In addition, American Express, an official sponsor of the NBA and six of its teams, has also partnered with O&rsquo;Neal, a four-time NBA champion, for the 2016-17 NBA season.</p><p>To support the Shop Small<sup>®</sup> for 2X Rewards offer, American Express produced a comical online video series that features O&rsquo;Neal and special celebrity guests visiting local small businesses across the country to find the perfect holiday gifts for friends and family. To kick off the campaign, O&rsquo;Neal is joined by Grammy Award-winning musician Kendrick Lamar. The two enjoy an afternoon at local LA soap shop, <a href="http://soaptopia.com/">Soaptopia</a>, sampling unique scents including the exclusive &ldquo;Luscious Lamar Bar&rdquo; and &ldquo;Shea Butter Shaq.&rdquo; This first episode launched on American Express&rsquo; digital channels today and <a href="https://www.youtube.com/watch?v=nIpfLkd1mP8">can be viewed here</a>. As part of the campaign, spots featuring O&rsquo;Neal and other surprise guest shoppers at two additional Shop Small locations will be released in the coming weeks on American Express social channels.</p><p>American Express will also work with the Basketball Hall-of-Famer and its team and venue partners to create special in-venue experiences for NBA fans as part of its Shop Small campaign. The first will take place on November 10 at the Chicago Bulls vs. Miami HEAT game in Miami, Florida.</p><p>&ldquo;Along with being celebrated for his Hall of Fame basketball career, Shaquille is an American Express Card Member, an entrepreneur and philanthropist who embodies many of the key characteristics of what our brand represents,&rdquo; said Brad Minor, Vice President of Global Brand Partnerships and Experiential Marketing at American Express. &ldquo;Shaquille O&rsquo;Neal is one of the most recognizable athletes in the world, and we&rsquo;re stoked to be working with him to help encourage consumers to support small businesses this holiday season through our Shop Small for 2X Rewards campaign, as well as partner with him on our larger NBA season sponsorship plans.&rdquo; </p><p>&ldquo;As a Card Member since 1992, American Express has been a part of my life from when I began my NBA career to today,&rdquo; O&rsquo;Neal said. &ldquo;I am excited to partner with such an internationally respected brand that has supported small businesses for more than 25 years. As a businessman myself, I understand how important it is for our communities to Shop Small and have a personal stake in supporting American Express&rsquo; 2X Rewards campaign.&rdquo;</p><p>To begin earning 2X rewards, Card Members can enroll in one of more than 50 U.S. Consumer and OPEN Small Business American Express Cards at <a href="http://www.amex.co/shopsmalloffer">www.amex.co/shopsmalloffer</a> and shop at qualifying small merchant locations and websites now through December 31, 2016.</p><p><strong>About Shop Small<sup>®</sup> for 2X Rewards Offer</strong><br>In 2010, American Express founded Small Business Saturday<sup>®</sup>, a grassroots initiative to help drive consumers to shop at small businesses in communities across the country. Today, Small Business Saturday, which this year takes place on November 26, has become a national holiday alongside Black Friday and Cyber Monday as well as a successful global movement. Over the years, American Express has broadened the campaign to encourage millions of Americans to shop small on Small Business Saturday and throughout the holiday season.</p><p>Earlier this year, American Express introduced a first-of-its-kind offer, Shop Small<sup>®</sup> for 2X Rewards, to further expand its ongoing support for its expanding network of small businesses during the critical holiday shopping season. Now through December 31, 2016, when American Express Card Members can use an eligible Card at qualifying small merchants- from retail shops to restaurants to dry cleaners- they can earn 2X rewards – from Membership Rewards<sup>®</sup> points to miles with Delta<sup>®</sup> to Cash Back and more.</p><p>With the addition of 1.6 million new merchant locations<sup>(1)</sup> that have started accepting American Express Cards over the past two years, Card Members now have even more places than ever before to Shop Small. Eligible merchants can be found on the Shop Small Map at <a href="http://www.shopsmallnow.com/">shopsmallnow.com</a>. </p><p>American Express is also providing its small merchants with marketing materials and resources to help them promote the Shop Small<sup>®</sup> for 2X Rewards offer, including free online ads, signage, email templates, social posts and more. Small merchants can access such free materials during the offer period and year-round at the American Express Merchant Marketing Corner at <a href="https://marketingcorner.americanexpress.com">marketingcorner.americanexpress.com</a>.</p><p><strong>How It Works</strong><br>Now through December 31, 2016, American Express Card Members can enroll an eligible American Express Card online or through a mobile device at <a href="http://amex.co/shopsmalloffer">amex.co/shopsmalloffer</a> to begin earning 2X rewards when they Shop Small. American Express Card Members will be awarded in their Card&rsquo;s specific rewards.</p><p><strong>Eligible Card Members can earn 2X Rewards as follows:</strong></p><p><strong>Blue Cash EveryDay &amp; Blue Cash Preferred Card:</strong> Earn an additional 1% cash back per dollar of purchases in the form of Blue Cash Reward Dollars, which can be redeemed for statement credits<br> <strong>Blue Sky Points:</strong> Earn one additional Blue Sky point per dollar of purchases<br> <strong>Delta SkyMiles<sup>®</sup>:</strong> Earn one additional mile per dollar of purchases<br> <strong>Hilton HHonors™ Points:</strong> Earn three additional Hilton HHonors™ Bonus Points per dollar of purchases<br> <strong>Lowe&rsquo;s Business Rewards Points:</strong> Earn one additional Lowe&rsquo;s Business Rewards point per dollar of purchases<br> <strong>Membership Rewards<sup>®</sup> program-enrolled Cards:</strong> Earn one additional Membership Rewards point per dollar of purchases.<br> <strong>Plenti Points:</strong> Earn one additional Plenti Point per dollar of purchases<br> <strong>SimplyCash:</strong> Earn an additional 1% cash back per dollar of purchases in the form of a statement credit<br> <strong>Schwab Cash Back:</strong> Earn an additional 1.5% cash back per dollar of purchases deposited in an eligible Schwab account<br> <strong>Starwood Preferred Guest Starpoints<sup>®</sup>:</strong> Earn one additional Starpoint<sup>®</sup> per dollar of purchases</p><p>Card Members can find small businesses where they can earn 2X rewards by visiting the Shop Small Map at <a href="http://www.shopsmallnow.com/">shopsmallnow.com</a>. The Shop Small 2X Rewards offer applies to the first $100,000 in purchases for each eligible American Express Personal Card and the first $250,000 for each eligible OPEN Small Business Card.</p><p>Card Members will not earn 2X rewards on any bonus they may already enjoy with their Card, such as when they spend on certain types of purchases or at certain merchants. If a Card Member has Additional Cards on their account, these will be automatically enrolled when the primary Card Member enrolls. Additional Card Members can earn 2X Rewards for the primary Card Member's account.</p> <p>Prepaid and Corporate Cards, American Express Cards issued by other financial institutions, The Plum Card<sup>®</sup> and certain other Cards are not eligible.</p><p>For more information on the Shop Small for 2X Rewards offer and full terms and conditions, visit <a href="http://amex.co/shopsmalloffer">amex.co/shopsmalloffer</a>.</p><p><strong>About American Express<br></strong>American Express is a global services company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at <a href="https://www.americanexpress.com/?extlink=dw-us-pr-bp">americanexpress.com</a> and connect with us on <a href="https://www.facebook.com/americanexpress">facebook.com/americanexpress</a>, <a href="https://foursquare.com/americanexpress">foursquare.com/americanexpress</a>, <a href="http://www.linkedin.com/company/american-express">linkedin.com/company/american-express</a>, <a href="http://twitter.com/americanexpress">twitter.com/americanexpress</a>, and <a href="http://www.youtube.com/americanexpress">youtube.com/americanexpress</a>.</p><p>Key links to products, services and corporate responsibility information: <a href="https://www304.americanexpress.com/credit-card?extlink=dw-us-pr-bp">charge and credit cards</a>, <a href="https://www.americanexpress.com/us/small-business/credit-cards/">business credit cards</a>, <a href="http://www.plenti.com/">Plenti rewards program</a>, <a href="https://travel.americanexpress.com/home?extlink=dw-us-pr-bp">travel services</a>, <a href="http://www.americanexpress.com/gift-cards/?extlink=dw-us-pr-bp">gift cards</a>, <a href="https://www.americanexpress.com/us/content/prepaid/reloadable-cards.html">prepaid cards</a>, <a href="https://www209.americanexpress.com/merchant/marketing-data/pages/home?extlink=dw-us-pr-bp">merchant services</a>, <a href="http://business.americanexpress.com/us?extlink=dw-us-pr-bp">corporate card</a>, <a href="https://businesstravel.americanexpress.com/?extlink=dw-us-pr-bp">business travel</a> and <a href="http://about.americanexpress.com/csr">corporate responsibility</a>.</p><p><strong>About Shaquille O&rsquo;Neal</strong><br> Shaquille O&rsquo;Neal is a four-time NBA Champion and three-time NBA Finals MVP. The recently retired, 15-time NBA All-Star was named as both the highest ranked athlete in the NBA and the most influential in sports in 2011. With a PhD in Leadership and Education, this iconic marketing and social media marvel was ranked among the &ldquo;100 Most Creative People in Business&rdquo; by Fast Company Magazine with an online presence that has grown to become the second most followed US athlete on twitter.</p><p>As a celebrity, athlete, business professional and comedian, Shaquille O&rsquo;Neal has an enormous and devoted fan base across a variety of demographics. To learn more about Shaq, visit <a href="http://www.shaq.com">Shaq.com</a>; Follow Shaq on <a href="https://www.facebook.com/shaq">Facebook</a>, <a href="https://twitter.com/SHAQ">Twitter</a>, and Instagram.</p> <hr><div id="footnote1">(1)Based on internal comparison of American Express small merchant locations in December 2013 to American Express small merchant locations in December 2015.</div></description> <pubDate>Thu, 10 Nov 2016 00:00:00 -0500</pubDate> <a10:updated>2016-11-10T00:00:00-05:00</a10:updated> <a10:content type="text/html; charset=utf-8" src="http://about.americanexpress.com/news/pr/2016/amex-teams-with-shaquille-oneal-and-friends.aspx" /> </item> <item> <guid isPermaLink="false">1032</guid> <link>http://about.americanexpress.com/news/pr/2016/amex-cfo-boa-future-of-financials-conf.aspx</link> <category>Corporate Information</category> <title>American Express Chief Financial Officer to Participate in the Bank of America Future of Financials Conference</title> <description><p>American Express (NYSE:AXP) Chief Financial Officer, Jeffrey C. Campbell, will participate in the Bank of America Future of Financials Conference in New York City, on Tuesday, November 15, 2016, at 11:40 a.m. (ET). Mr. Campbell will participate in a question-and-answer session relating to the company&rsquo;s business strategy and financial performance.</p> <p class="aPound">A live audio webcast will be made available to the general public through the American Express Investor Relations website at <a href="http://ir.americanexpress.com/">http://ir.americanexpress.com</a>. An audio replay of the presentation will be available after the event at the same website address.</p> <p><strong>About American Express<br /></strong>American Express is a global services company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at <a href="http://www.americanexpress.com/">americanexpress.com</a> and connect with us on <a href="http://www.facebook.com/americanexpress">facebook.com/americanexpress</a>, <a href="https://foursquare.com/americanexpress">foursquare.com/americanexpress</a>, <a href="http://www.linkedin.com/company/american-express">linkedin.com/company/american-express</a>, <a href="http://twitter.com/americanexpress">twitter.com/americanexpress</a>, and <a href="http://www.youtube.com/americanexpress">youtube.com/americanexpress</a>.</p> <p>Key links to products, services and corporate responsibility information: <a href="https://www304.americanexpress.com/credit-card?extlink=dw-us-pr-bp">charge and credit cards</a>, <a href="https://www.americanexpress.com/us/small-business/credit-cards/">business credit cards</a>, <a href="http://www.plenti.com/">Plenti rewards program</a>, <a href="https://travel.americanexpress.com/home?extlink=dw-us-pr-bp">travel services</a>, <a href="http://www.americanexpress.com/gift-cards/?extlink=dw-us-pr-bp">gift cards</a>, <a href="https://www.americanexpress.com/us/content/prepaid/reloadable-cards.html">prepaid cards</a>, <a href="https://www209.americanexpress.com/merchant/marketing-data/pages/home?extlink=dw-us-pr-bp">merchant services</a>, <a href="http://business.americanexpress.com/us?extlink=dw-us-pr-bp">corporate card</a>, <a href="https://businesstravel.americanexpress.com/?extlink=dw-us-pr-bp">business travel</a> and <a href="http://about.americanexpress.com/csr/">corporate responsibility</a>.</p></description> <pubDate>Thu, 03 Nov 2016 00:00:00 -0400</pubDate> <a10:updated>2016-11-03T00:00:00-04:00</a10:updated> <a10:content type="text/html; charset=utf-8" src="http://about.americanexpress.com/news/pr/2016/amex-cfo-boa-future-of-financials-conf.aspx" /> </item> <item> <guid isPermaLink="false">1028</guid> <link>http://about.americanexpress.com/news/pr/2016/amex-declares-dividend-on-series-b-preferred.aspx</link> <category>Corporate Information</category> <title>American Express Declares Dividend on Series B Preferred Stock</title> <description><p>American Express Company (NYSE: AXP)<strong> </strong>today declared a semiannual dividend on the Company&rsquo;s 5.200% Fixed Rate / Floating Rate Noncumulative Preferred Shares, Series B, of $26,000 per share (which is equivalent to $26.00 per related Depositary Share). </p> <p>The dividend is payable on November 15, 2016 to shareholders of record on November 1, 2016.</p> <p><strong>About American Express<br /></strong>American Express is a global services company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at <a href="http://www.americanexpress.com/">americanexpress.com</a> and connect with us on <a href="http://www.facebook.com/americanexpress">facebook.com/americanexpress</a>, <a href="https://foursquare.com/americanexpress">foursquare.com/americanexpress</a>, <a href="http://www.linkedin.com/company/american-express">linkedin.com/company/american-express</a>, <a href="http://twitter.com/americanexpress">twitter.com/americanexpress</a>, and <a href="http://www.youtube.com/americanexpress">youtube.com/americanexpress</a>.</p> <p>Key links to products, services and corporate responsibility information: <a href="https://www304.americanexpress.com/credit-card?extlink=dw-us-pr-bp">charge and credit cards</a>, <a href="https://www.americanexpress.com/us/small-business/credit-cards/">business credit cards</a>, <a href="http://www.plenti.com/">Plenti rewards program</a>, <a href="https://travel.americanexpress.com/home?extlink=dw-us-pr-bp">travel services</a>, <a href="http://www.americanexpress.com/gift-cards/?extlink=dw-us-pr-bp">gift cards</a>, <a href="https://www.americanexpress.com/us/content/prepaid/reloadable-cards.html">prepaid cards</a>, <a href="https://www209.americanexpress.com/merchant/marketing-data/pages/home?extlink=dw-us-pr-bp">merchant services</a>, <a href="http://business.americanexpress.com/us?extlink=dw-us-pr-bp">corporate card</a>, <a href="https://businesstravel.americanexpress.com/?extlink=dw-us-pr-bp">business travel</a> and <a href="http://about.americanexpress.com/csr/">corporate responsibility</a>.</p></description> <pubDate>Mon, 24 Oct 2016 00:00:00 -0400</pubDate> <a10:updated>2016-10-24T00:00:00-04:00</a10:updated> <a10:content type="text/html; charset=utf-8" src="http://about.americanexpress.com/news/pr/2016/amex-declares-dividend-on-series-b-preferred.aspx" /> </item> </channel></rss>
