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American Express Statement Regarding Orbitz Cyber Attack

March 20, 2018 – American Express said today that it has recently been alerted by Expedia that certain customers who used Expedia’s Orbitz platform may have been victims of a cyber attack.

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American Express Statement on Gender Pay Equity

March 7, 2018 – Kevin Cox, Chief Human Resources Officer at American Express, has issued a communication to all American Express employees in the United States on the subject of gender pay equity at the company.

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Statement on the Revised Payment Services Directive (PSD2) in the European Union

January 12, 2018 – The combined impact of the EU Payments Package – including price caps, separation of payment scheme and processing operations, pan-European licensing, and network access requirement – impose a regulatory burden on the American Express licensing business that renders it no longer viable. American Express has, therefore, taken the decision to exit all of its licensing arrangements in the EU. As a result of this, American Express will no longer be operating a licensing business within the EU and no new licenses will be issued. The company has terminated its licenses with its existing partners, and is in the process of winding down those operations.

Appellate Court Rules in Favor of American Express

September 26, 2016 – American Express issued the following statement today in response to the Appellate Court's decision to uphold the Non-Discrimination Provisions in our merchant contracts: "American Express is pleased with the Appellate Court's decision to uphold the Non-Discrimination Provisions in our merchant contracts. This means consumers will be able to choose how they pay and our Card Members will not be discriminated against at the point of sale. Our Non-Discrimination Provisions in our merchant contracts remain in effect, just as they did before the trial court issued its injunction in February 2015."

Department of Justice Ruling

We are disappointed with the decision and plan to file an appeal because we believe the decision was wrong. The court's ruling will not provide any benefit to consumers and will, in fact, harm competition by further entrenching the two dominant networks.

We continue to believe that the Department of Justice's arguments are flawed and believe we should prevail on appeal.

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Ken Chenault: Card Industry Regulation

October 21, 2010 -- The American Express Company third-quarter earnings conference call included a discussion of regulatory, legislative and legal changes affecting the payments industry. Text of the remarks by chairman and chief executive officer, Kenneth I. Chenault.

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Ken Chenault: Justice Department's Lawsuit is a Bad Deal for Consumers

October 8, 2010 -- In a Washington Post op-ed, American Express Company Chairman and Chief Executive Officer Kenneth I. Chenault outlines the reasons why the company believes that the recently announced U.S. Department of Justice's civil antitrust case "does nothing for consumers" and "will eventually lead to less competition, not more."

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American Express Challenges Government Lawsuit

October 4, 2010 -- American Express said the antitrust lawsuit filed today against the company is a significant retreat from previous Department of Justice efforts to promote competition in the payments industry.

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Single Euro Payments Area

In January 2008 the European Union officially launched a major initiative to create the Single Euro Payments Area (SEPA).

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American Express Company Political Activity

American Express believes that active engagement in the public policy arena is an important part of responsible corporate citizenship and is vital to the democratic process. MORE

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