American Express Co. is a New York-based integrated payments company offering credit and charge cards to various customer segments, employing 74,600 people across four operational segments. Its services include travel, lifestyle, banking, and data analytics.
AXP has been in the news recently: American Express reported a 6% increase in billed business, largely due to younger cardholders spending 14% more, despite concerns about the economy. However, growth in airline transactions has slowed to 3%.
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