NEW YORK--(BUSINESS WIRE)--American Express today announced the expansion of OptBlue, a new merchant acquiring program that extends U.S. small merchant coverage. There are now 10 participating ...
On Friday, March 22nd, 2024, it was announced that American Express will be sued over its merchant fees in a lawsuit held at Rhode Island federal court. 5,155 merchants claim that Amex’s high fees – ...
WASHINGTON — American Express did not violate the antitrust laws by insisting in its contracts with merchants that they do nothing to encourage patrons to use other cards, the Supreme Court ruled ...
The opinion could provide useful guidance for participants in two-sided markets, like the credit card industry and the health care industry, where separate interests of insurers and patients are often ...
American Express (NYSE: AXP) announced it is expanding Card Member and Merchant protection by launching SafeKey EMV 3-D Secure 2.3 capabilities. American Express is the first network “to upgrade to ...
American Express rules barring businesses from asking customers to use lower-cost credit cards violate U.S. antitrust law, a federal judge found. It's the first definitive court decision on practices ...