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
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
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
The iGaming payments platform is looking to expand on its “robust” performance in the first half of the year with the appointment of new financial leadership