Amex to Seek Banks as Card Partners
Sep 23, 2003, 5:42 am
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Amex to Seek Banks as Card Partners
The American Express Company, encouraged by a recent court ruling, said yesterday that it would begin pursuing partnerships with United States banks that belong to Visa and MasterCard networks.
The company expects to have the first of these agreements signed within a year, Kenneth I. Chenault, its chairman and chief executive, said in a statement. "There is a strong interest among banks to partner with us in the U.S., just as they have internationally," he said.
http://www.nytimes.com/2003/09/23/business/23CARD.html
The company expects to have the first of these agreements signed within a year, Kenneth I. Chenault, its chairman and chief executive, said in a statement. "There is a strong interest among banks to partner with us in the U.S., just as they have internationally," he said.
http://www.nytimes.com/2003/09/23/business/23CARD.html
