Latest news with #RaymondJoabar
Yahoo
18-07-2025
- Business
- Yahoo
American Express Increases Value Available to Business Platinum Card Members to More Than $2,000 – More to Come Later This Year
NEW YORK, July 16, 2025--(BUSINESS WIRE)--American Express (NYSE: AXP) announced that Business Platinum Card® Members in the U.S. have the opportunity to unlock over $2,000 in value in statement credits, including updated credits with Dell Technologies and Adobe that launched July 1, with more new benefits to come later this year. The changes come in advance of major updates to the company's U.S. Consumer and Business Platinum Cards, which will mark American Express' largest investment ever in a Card refresh. "American Express was a pioneer of the premium card experience and is excited to bring updates to the Business Platinum Card later this year. Every dollar a business spends should work harder — toward growth, efficiency, and opportunity," said Raymond Joabar, Group President, Global Commercial Services. "The Business Platinum Card is already a strategic asset that helps Card Members manage their business. It offers features from Virtual and Employee Cards to exceptional airport lounge experiences when traveling for business, and there is much more to come." Expanded Value from Key Partners The newly announced updates for Business Platinum Card Members consist of statement credits for Dell Technologies and Adobe purchases‡, adding to the Card's existing benefits like a wireless credit and valuable benefits with partners Hilton and Indeed‡. These benefits support critical business functions to help business owners operate more efficiently and effectively. Travel Benefits Designed for Business Leaders With travel playing a key role in many business strategies, the Business Platinum Card offers rich benefits for those on the move. With more airport lounge options than any other credit card issuer1, the American Express Global Lounge Collection® is available to Business Platinum Card Members. This includes access to more than 1,550 lounges worldwide – including The Centurion® Lounge network, with new locations expected to open at Haneda Airport (HND) in Tokyo and Salt Lake City International Airport (SLC) in Salt Lake City in 2025, and Newark Liberty International Airport (EWR) in New Jersey in 2026. Additional travel benefits‡ include 10 annual visits to a Delta Sky Club when flying on qualifying flights, Airline Fee Credit, a CLEAR® Plus Credit, and a fee credit for Global Entry or TSA PreCheck®. Business Platinum Card Members have exclusive benefits at over 2,600 Fine Hotels + Resorts® and The Hotel Collection properties globally. Card Members are also guaranteed 4:00 p.m. late checkout, daily breakfast, room upgrades when available, and on-property credits at 1,600 Fine Hotels + Resorts locations‡. Card Options to Support Employees Card Members can also request an Employee Business Platinum Card for an additional $350 annually per Card, which comes with access to The Centurion Lounge, 10 annual visits to a Delta Sky Club when flying on qualifying flights, and status with Marriott Bonvoy® Gold Elite Status and Hilton Honors Gold Status‡. There is also an Employee Business Expense Card option with no annual fee‡ with limited benefits. Flexible Card Features for Cash Flow Management The Business Platinum Card offers several features to help Card Members' companies grow, including Virtual Cards which add an extra layer of security and control, making it easier to manage vendor-specific or one-time purchases. The Card also comes with Pay Over Time‡, giving Card Members the option to either carry a balance with interest on eligible charges or pay the balance in full each month. Award-Winning Service for Card Members American Express offers award-winning global service, including for dispute handling, emergency assistance and fraud protection. The team can also help Card Members with providing custom itineraries and tailored recommendations, booking hotels, flights and other travel experiences so Card Members can stay focused on running their businesses. Please visit American Express Business Platinum Card for more details. Terms and conditions apply. [‡] Benefit Terms [1] Based on comparison with other U.S. credit card programs, as of 10/2024. ABOUT AMERICAN EXPRESS American Express (NYSE: AXP) is a global, premium payments and lifestyle brand powered by technology. Our colleagues around the world back our customers with differentiated products, services and experiences that enrich lives and build business success. Founded in 1850 and headquartered in New York, American Express' brand is built on trust, security, and service, and a rich history of delivering innovation and Membership value for our customers. With a hundred million merchant locations on our global network in around 200 countries and territories, we seek to provide the world's best customer experience every day to a broad range of consumers, small and medium-sized businesses, and large corporations. For more information about American Express, visit and Cautionary Note Regarding Forward-Looking Statements This release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements, which are subject to risks and uncertainties, contain words such as "expect," "intend," "plan," "aim," "will," "may," "should," "could," "would," "continue" and similar expressions. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. Actual results may differ from those set forth in the forward-looking statements due to a variety of factors, including those described in American Express' Annual Report on Form 10-K for the year ended December 31, 2024 and its other reports filed with the SEC. The company undertakes no obligation to update or revise any forward-looking statements. View source version on Contacts MEDIA CONTACT Ojas 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Yahoo
06-03-2025
- Business
- Yahoo
American Express to Acquire Expense Management Software Company Center
NEW YORK, March 06, 2025--(BUSINESS WIRE)--American Express (NYSE: AXP) today announced that it has entered into an agreement to acquire Center, a software company modernizing expense management. Center's software, together with American Express' corporate and small business cards, will aim to create a seamless expense management platform that delivers more value across the commercial card payments process – from choice in premium card offerings and rewards to automated accounting and reconciliation. "As a leader in corporate and small business cards, it is our job to deliver innovative products and services that help customers run their businesses more efficiently," said Raymond Joabar, Group President, Global Commercial Services at American Express. "By integrating Center's outstanding talent and technology, we can save our customers time and money and strengthen our leadership position in commercial card payments." "Center was founded with the mission to drive simplicity in the user experience and make expense management as effortless as swiping your card. Since 2018, our team has built industry-leading software and delivered strong results for our customers," said Naveen Singh, CEO and Co-founder of Center. "We have always believed that card and expense management should be deeply linked, and we believe that even more great work can be done by incorporating our capabilities and talent into American Express." Center's software is designed to remove friction from the expense management process, giving businesses real-time visibility into all employee spending, automating manual accounting tasks, streamlining expense submissions and reporting, and equipping finance teams with the tools and insights needed to better optimize decision making. With an integrated card and expense management solution, American Express aims to help customers: Delight employees: Give employees the ability to easily manage expenses through a mobile-friendly, automated app and empower them to spend on-the-go with confidence. Automate tasks: The customizable expense management program will help businesses save time reviewing, auditing and posting expenses to the general ledger. Center customers see their finance teams free up an average of 90% of the time previously spent on these tasks. Ensure compliance and maximize rewards: Business owners and CFOs will be able to confidently ensure their company's spending remains fully compliant with company policy, while getting more value from their American Express card program. The acquisition is expected to close within the second quarter of 2025, subject to customary closing conditions. ABOUT AMERICAN EXPRESS American Express is a globally integrated payments company, providing customers with access to products, insights and experiences that enrich lives and build business success. For more information about American Express, visit and ABOUT CENTER Center is a software company modernizing corporate card, travel, and employee expense management with one integrated solution. Our corporate card and connected software gives businesses real-time visibility into all employee spending, automates manual accounting tasks, streamlines travel booking and expensing, and provides finance teams with the controls and data needed for optimal decision making. With a usage-based business model requiring no upfront investment, we combine self-service configurability with first-class deployment to ensure customer success. Center is headquartered in Bellevue, WA with team members nationwide. Cautionary Note Regarding Forward-Looking StatementsThis release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which are subject to risks and uncertainties. The forward-looking statements, which include current expectations regarding the transaction and future operations, among other matters, contain words such as "believe," "expect," "intend," "plan," "aim," "will," "may," "should," "could," "would," "continue" and similar expressions. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. The company undertakes no obligation to update or revise any forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements, include, but are not limited to: the parties' ability to satisfy the closing conditions and consummate the transaction; the underlying assumptions related to the transaction proving to be inaccurate or unrealized; and American Express' ability to integrate Center and benefit from its talent and technology, which will depend in part on management's decisions regarding future operations, strategies and business initiatives. A further description of these and other risks and uncertainties can be found in American Express' Annual Report on Form 10-K for the year ended December 31, 2024 and its other reports filed with the SEC. Location: U.S. View source version on Contacts Media Ojas NaikAmerican Sign in to access your portfolio
