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 is preparing to make significant updates to its Platinum credit cards, with fees set at $695 and $550, to enhance travel, dining, and lifestyle benefits. This move follows JPMorgan Chase's refresh of its Sapphire Reserve card, which will have a higher annual fee of $795 but offers over $2,700 in benefits starting June 23.
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