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American Express to Cut 5,400 Jobs in 2013

American Express to Cut 5,400 Jobs in 2013

Justin Sullivan/Getty Images(NEW YORK) — American Express on Thursday announced it’s cutting thousands of jobs this year, mostly in its travel business. The move comes as more American Express customers opt to use travel sites like Expedia.com and Orb…

Walmart, Amex Roll Out New Prepaid Card

Walmart, Amex Roll Out New Prepaid Card

Bluebird by American Express and Walmart(NEW YORK) — Walmart and American Express announced Monday morning that they would make available a refillable prepaid card for consumers tired of banking fees.The company said the card is an “alternative …

American Express Will Reimburse $85 Million to About 250,000 Customers

American Express Will Reimburse $85 Million to About 250,000 Customers

Justin Sullivan/Getty Images(WASHINGTON) — The Consumer Financial Protection Agency (CFPB) has announced yet another enforcement action.  American Express will reimburse $85 million to about 250,000 customers to resolve accusations that the compa…

American Express Pulls Gift Cards from NJ over Expiration Law

American Express Pulls Gift Cards from NJ over Expiration Law

Justin Sullivan/Getty Images(NEW YORK) — American Express is no longer selling gift cards in New Jersey because a unique law allows the state to claim the money from unspent gift cards after two years.  There are similar laws elsewhere, but only …

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