American Express News

American Express cardholders can now receive NFT passport stamps showing the countries they’ve visited as a way to commemorate their past travels.

Allocating just 1% of Berkshire Hathaway’s portfolio to Bitcoin could have boosted Warren Buffett’s profits by over 25%.

American Express plans to extend its AI capabilities through partnerships despite having experimented internally with numerous machine learning-powered services.

The American Express executive said that the firm is bullish on crypto and is actively working to incorporate more crypto-related services in the future.

Mastercard joins Visa and American Express with moves into the Metaverse as it seeks to increase revenue streams and remain competitive in the virtual economy.

The major credit card company may be readying to provide “virtual concierge services” related to credit card transactions “in the metaverse and other virtual worlds.”

"Visa and Mastercard dig their own graves by politicizing their products and pushing people all over the world toward Bitcoin," said Marty Bent.

A recent NYDIG report found that Bitcoin had settled more transaction volume in Q1 2021 than “all credit card networks combined for the entire year” when including intra-network transactions.

“We’re exploring other ways, potentially, to redeem your membership rewards points, but I don’t think you’re going to see an American Express card linked to cryptocurrency anytime soon," said Stephen Squeri.

Venture capital continues to flow into the crypto industry, with high-profile investors such as American Express taking part in the new economy.