Small Business News
Small Business News
American Express Launches Business Checking Account, Debit Card
After years of proving to be a small business ally, American Express has announced a new offering for business owners. This week, Amex introduced its Business Checking account aimed at small and mid-sized businesses. While the offering will connect with existing Amex Business Credit Cards, it will also include a Business Debit Card — the first ever issued by American Express in the United States. In terms of benefits, the...
Small Business News
American Express Announces Virtual "Summit for Success" Event for Small Businesses
American Express has announced that the 2020 edition of the Business Class LIVE: Summit for Success will take place on Tuesday, October 20th. While the Summit is typically held in person, this year's event will take place in a virtual campus from 9 a.m. to 5 p.m. EDT. This digital space will host seminars throughout the day, as well as give small business owners the opportunity to network. Not only...
Small Business News
American Express Details “Coalition to Back Black Businesses” Grant Program
This past week, American Express continued its efforts to support small businesses during these turbulent times. In this case, the company turned its attention to the Black community, helping to form the Coalition to Back Black Businesses Grant Program. The Coalition is a collaboration between four other organizations: the National Black Chamber of Commerce, the National Business League, the U.S. Black Chambers, Inc., and Walker’s Legacy. Amex's $10 million commitment...
Small Business News
American Express Commits $200 Million to Latest Shop Small Campaign
For some time now, American Express has made its support of small businesses clear. While the credit card company's best-known link to the small business world is their invention of Small Business Saturday — which is celebrated on the Saturday after Thanksgiving each November — their Shop Small efforts are year-round. Now, at a time when many businesses are working to recover from the financial impacts of the COVID-19 pandemic...
Small Business News
American Express Offering Bonuses to Businesses to Boost Acceptance
For years American Express has lagged behind competitors Visa and Mastercard when it comes to acceptance. Part of the reason for this is that Amex had typically charged higher swipe fees — a result of the issuer focusing on a wealthier client base who would be more valuable to businesses. However in recent years Amex has tried to catch up, getting as many businesses as possible to start accepting their...
Small Business News
Survey Shows Strong Support for U.S. Small Businesses
By this point (and especially with a federal election just a year away) everyone is familiar with the phrase "small businesses are the backbone of the economy." However, as the holiday shopping seasons grows nearer, it seems that most of the focus is often on national and multinational corporations. Nevertheless — just in time for National Entrepreneurship Month and Small Business Saturday —a new survey from SCORE finds that Americans...
Small Business News
