Manhattan’s AmEx Q3 profit beats as spending recovers on appeal among Gen-z 24-10-2021 American Express had handily beaten Wall Street estimates for Q3, 2021 profit
Charlotte's Mastercard-backed AvidXchange valued at $4.6bn in lacklustre Nasdaq debut 18-10-2021 Later last week, Mastercard-backed fintech firm AvidXchange Inc was valued at $4.6 billion in a lukewarm Nasdaq debut
Lower Manhattan’ AmEx beats profit estimates as spending rebounds from pandemic lows 24-07-2021 American credit card giant and financial services provider, American Express Co., had handily beaten second-quarter profit estimates on Friday as spending rebounds from pandemic lows
Manhattan’s American Express profit beats estimate, says credit spending declines 25-04-2021 On Friday, American multinational credit card issuer American Express Co. had beaten analysts' estimate for quarterly profit and revenues
Foster City payment processor Visa being probed over abuse of debit-card dominance 21-03-2021 The US Justice Department had launched a probe on e-payment processing giant Visa Inc. over potential abuse of its debit-card market dominance
Missouri’s Mastercard to delay fee hikes until April next year 17-03-2021 Mastercard Inc., the New York-based payment processing giant, said on Tuesday that the company would delay a slated fee hike at least until April next year
US consumers step up savings, pay off more credit card debts in pandemic-times 09-02-2021 Later last week, data from US Fed had revealed that the US consumers had been stuffing more money into their bank accounts with quarterly deposits climbing to a record high
New York’s AmEx forecasts consumer travel recovery in summer, profit beats estimate 27-01-2021 On Tuesday, American Express Co., the century-old credit card provider had forecasted a sharp uptick in consumer travel spending as early as by this summer
New York’s Mastercard says US holiday retail sales surge 3% amid online shopping boom 27-12-2020 On Saturday, a Mastercard Inc. report published late in the day had revealed that US holiday retail sales surged by 3 per cent on an annualized basis
New York's Mastercard warns of ongoing pandemic-led slowdown as Q3 income falls 28% 03-11-2020 Later last week, the New York-headquarter credit card giant Mastercard Inc. had reported a 28 per cent plunge in its net income over the third quarter of the year
Californian credit card giant Visa Inc. profit tumbles 23% as payment volumes sour 30-10-2020 Late on Wednesday, American multinational credit card giant Visa Inc. had reported a 23 per cent decline in third-quarter profits
New York's AmEx profits plunge 39% as travel spending comes to a standstill 25-10-2020 On Friday, the New York-based credit card giant American Express had reported a stabbing 39 per cent plunge in quarterly profits over Q3, 2020
US credit card spending drops for 6th straight month, consumer borrowing fell $7.2bn 08-10-2020 Late on Wednesday, US Federal Reserve data had revealed that the US credit card spending had fallen for the sixth straight month in a row in August
New York lender Goldman set to purchase GM’s credit card wing for $2.5 billion 04-10-2020 A Wall Street Journal report published late on Thursday had revealed that the Wall Street lender Goldman Sachs had been set to purchase the Detroit carmaker GM's credit card wing at a $2.5 billion buyout deal
US Consumer borrowings rise 3.6% in July; declines in credit card spending persist 10-09-2020 US Federal Reserve said in a statement on Tuesday that the US consumer borrowings had picked up 3.6% in July following a 3.3 per cent rise in June