American Express has announced it will accept blockchain payments for some cross-border transactions. The company has partnered with Santander and Ripple to enable the trial for business customers on its FXIP platform. It will offer instant payments.
The median stock in the US has been flat for 2015. That is actually a big improvement from about one month ago when the median stock was down 8%, so we’ve seen a nice rally, but at the current pace we are on track for the worst performance since 2008.
With the FBI now warning all retailers on similar breach possibilities, Target CEO Gregg Steinhafel is refocusing attention on the need for chip-based credit card technology adoption in the United States.
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Walmart has partnered with American Express to launch Bluebird, a prepaid card and debit account. This initiative is targeted to low-income consumers, who are aiming for fewer fees, bill payments and mobile access.
If you have an American Express card then the company will give you a $300 prepaid card for free if you close your account and pay all the balances in full.
Many banks have deliberately designed billing systems to periodically generate payment due dates that are 5 to 6 days earlier than normal in an effort to catch automatic bill payers in a missed due date scam.
With the U.S. Treasury tapping into the $700 billion Troubled Asset Relief Program (TARP) to the sum of $350+ billion, American Express finally expressed their concern about getting some help.
