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American Express eschews preset spending limits and instead relies on credit scores and spending history to manage risk, a company executive explained at a conference last week
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The digital payments pioneer is leaning on cashback rewards to attract more consumer use in stores, and will also tap near-field technology to expand
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The company said it expects to place its automated checkout technology at more venues in 2024 than in any year previously
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The card network plans to make the account-to-account service available to consumers for paying bills, like rent, but eventually for other uses too, such as digital streaming
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Diane Offereins is suing the card network over roughly $7 million in clawed-back equity, claiming she was a “convenient scapegoat” for Discover's card misclassification issue
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