Amex cites sponsorship strategy for Gen Z and Millennial credit card surge Sport Business The surge in Millennials and Gen Zers taking out American Express cards is “definitely” down to the financial services provider going big on sponsorship, it says. The New York-headquartered card issuer states that over 60 per cent of Amex’s new global consumer card acquisitions “represent Millennials and Gen Z”, something they attribute to their drive [...]
FCA plans to allow contactless payment limits above £100 Personal Finance Card providers are set to be given the powers to set their own limits on contactless payments, which are currently set at £100, under proposals set out by the City regulator. The Financial Conduct Authority (FCA) has revealed that it will consult industry on whether the rules should be relaxed as part of its task [...]
Amex Global Business Travel boss: ‘London must feel safe if we want professionals to keep coming’ Opinion If London is to remain a top destination for professionals, it needs to feel safe, AMEX Global Business Travel boss Andrew Crawley says.
UK firms turn to AI and automation as they struggle to find skilled workers June 4, 2025 Nearly three-quarters of British firms are struggling to find talented workers in fears that productivity levels are unlikely to rebound after a bumpy recovery from the pandemic, fresh research has found. Prime Minister Keir Starmer has called on firms to prioritise hiring British workers over sponsoring foreign nationals as part of his plans to boost [...]
Peer power helps SMEs thrive through support networks March 10, 2025 A new report has found that strong peer support and professional networks are crucial to the success of small businesses. According to American Express’s recent research, 94 per cent of UK SME leaders believe that supporting their peers is critical to driving business success. Peer learning encourages entrepreneurs to share skills and resources with others in [...]
How American Express UK is looking to crack Gen Z October 24, 2024 American Express’s UK boss, Hannah Lewis, sits down with CityAM to talk breaking into a younger markets and shaking up its image. “Do you take Amex?” It’s a question that has slipped so far into the cultural lexicon there are even memes about it. Scroll through a dedicated Reddit page on American Express and [...]
Currensea: Travel card fintech targets overseas growth after bumper summer October 22, 2024 Travel debit card start-up Currensea is targeting overseas markets for its next phase of growth after a rebound in holiday demand helped the fintech grow its user base by a third this summer.
Optimism among UK SMEs rises for third straight year September 23, 2024 Optimism among the UK’s small and medium-sized businesses has grown for a third consecutive year in a positive sign for the domestic economy, according to fresh data. Around seven in ten SMEs said they felt confident about the future of their company, rising from 67 per cent in 2023 and 65 per cent in 2022, [...]
Amex freezes pension payouts for thousands of Brits for tenth year April 1, 2024 American Express has sparked criticism for freezing pension payments for thousands of former British employees for the tenth year in a row.