Is American Express Shrinking?
Thus, American Express is issuing fewer cards than four years ago. The company’s market is shrinking before our eyes.
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American Express (NYSE: AXP)
Can American Express Make Money in China?
A network clearing license allows Express (Hangzhou) Technology Services to operate a payment-processing network in China. Thus, the license could enable the use of American Express, or Amex, cards in China.
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Is American Express Overpriced?
Thus, Mr. Market could underprice Amex. I think American Express’s stock price is low because the company is experiencing impressive revenue growth.
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Is American Express (AXP) a Value Investment?
Interestingly, we can call American Express (AXP) a value investment because its cards are used by those in their prime spending years.
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How Much Money is American Express Making?
Best of all, American Express is setting on a huge pile of cash. It reported $31.092 billion in cash and equivalents on 31 March 2018. That gives Amex the resources for a huge stock buyback or acquisition if it wants.
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Is the US Supreme Court Out of Control?
Wu thinks the Supreme Court is getting dangerously close to upsetting the balance of powers upon which our constitutional government is based.
“In cases like Ohio v. American Express, the court is rejecting that tradition of compromise and taking us down a path that leads in dangerous directions,” Wu wrote in a New York Times op-ed. Wu fears that the Supremes are about to tear up the anti-trust laws which will lead to all-out political warfare behind business and government.
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Is Banco Santander Making Money?
Banco Santander SA (NYSE: SAN) has been making headlines by offering a payment app, currency converter, and digital wallet for Ripple (XRP) lately. That got me to wondering if Santander is a value investment and a smart way to cash in on the cryptocurrency bubble.
This makes Santander an interesting opportunity because it is a major bank with physical assets that is willing to work with cryptocurrency.
Santander’s involvement with Ripple goes beyond the app it is also using that cryptocurrency for cross-border payments in the United Kingdom. Santander’s use of Ripple includes cross-border payments between the United States and the UK in conjunction with American Express (NYSE: AXP).
Beyond Ripple, Santander is participating in the Ethereum Enterprise Alliance with many other companies. The alliance is an effort to build commercial decentralized applications (Dapps) for the Ethereum ecosystem. Such Dapps would presumably work with the Ethereum (ETH) cryptocurrency and ERC20 utility tokens.
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Major Bank Santander rolls out Ripple App
It is not clear if the Santander App will be integrated with the Amex experiment. Ripple and wire-transfer service MoneyGram International (NASDAQ: MGI) are testing currency transfers, Fortune reported. It is not clear if Santander will be part of that experiment either. News stories have not said if Santander or American Express is planning a Ripple Amex Cards. Such a card would be a logical next step.
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Cryptocurrency Visas Shut Down
“Visa have today instructed us that we must close all WaveCrest issued Visa Prepaid Cards with immediate effect,” an email from WaveCrest states. WaveCrest had a license to issue Visa-branded credit, debit, and prepaid cards which was apparently yanked early in January.
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Is Square Making Money?
Square has the ability to dramatically increase the amount of cash flowing through the till but a hard time maintaining that cash from operations. The danger here is that cash flow is not steady, which makes it hard to generate flow, or keep the money
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