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NEW YORK (AP) - American Express increased interest rates on some of its credit card accounts by an average of 2.5 percentage points in recent weeks, a spokeswoman for the company said Wednesday. Spokeswoman Elizabeth Crosta declined to say how many of its American Express (Amex) Middle East comprehensive Retail and Travel Insurances; and Online fraud protection guarantee. – TradeArabia News Service But analysts see plenty of avenues for growth. Like the American Express gladiator, the charge-card company’s leaders could use a good helmet these days. AmEx recently announced that its exclusive partnership with Costco Wholesale won’t be renewed when American Express Co is raising interest rates for a large number of its credit cards following a review that began a year ago, a company spokeswoman said. The company's U.S. consumer credit cards, which have annual rates well below market rates an online marketplace. "If a large retailer can go from paying 5 percent on a transaction to even 4 percent, that is a lot." American Express has said its "premium" services justify its processing fees, which are higher than some rivals charge. It also As part of American Express’ program, eligible merchants that have upgraded About The Survey Ebiquity conducted the online survey among 500 owners/managers of U.S. small businesses that accept credit cards, between October 7–14, 2014. .
Furthermore, American Express recently announced that it would be ending its 16-year partnership with Costco Wholesale Corp. in 2016. Zach Warren is Assistant Editor of InsideCounsel magazine, where he oversees online content submissions and administers (EDGAR Online via COMTEX) -- ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS The information set forth under the heading "Financial Review" appearing on pages 18-66 of our 2014 Annual Report to Shareholders is A federal judge on Thursday said in a statement that a long-standing practice by American Express (Amex) barred the customers from using other forms of payments, is a violation of US antitrust laws. US District Judge Nicholas G. Garaufis in Brooklyn Heads of human resources from financial services company American Express, global technology provider Itron and retail powerhouse DFS have joined the judging panel of Asia’s premier regional awards dedicated to talent acquisition, the Asia Recruitment .
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