American Express gets agnostic with transformational digital payment platform

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American Express unveiled a new digital payment and commerce platform that has the potential to provide new options for the way consumers pay for services, including travel, and send and receive money.

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Will British Airways trigger new round of changes to credit card fees?

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The long running saga of British Airways and the fees charged to it by credit card companies took another turn last week.

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American Express Travel App taps TripIt, GateGuru and SeatExpert

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American Express launched iPhone and Blackberry apps in partnership with TripIt, GateGuru and SeatExpert.

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American Express gives booking new meaning at Amazon

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In what it calls an industry first, American Express Membership Rewards enrollees can now use their points to buy books, Kindles, sporting goods and a lot of other products sold on Amazon.com.

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TRX records modest profit, increases guidance

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TRX, the transaction-processing and data-reporting company, eked out a modest profit in the first quarter and increased its earnings guidance.

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Rearden Mobile Personal Assistant reaches beyond Amex booking tool

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Rearden Commerce and American Express Business Travel are taking the Rearden Mobile Personal Assistant beyond the confines of Amex’s corporate-booking tool, aXiom, and are offering it to corporate customers who use other booking tools, including Sabre’s GetThere and Concur Cliqbook Travel.

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Beyond the press release: TRX, Amex amend service agreement

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TRX, a provider of travel-transaction processing and data services, and American Express agreed to amend and extend certain aspects of a service agreement through the end of 2014.

The TRX press release notes that the renewed agreement means American Express Business Travel will use the TRX CORREX automated quality control and electronic ticketing platform through 2014, and adds that, “The new contract provides direct growth opportunities for TRX in the South American, Asia-Pacific, and previously untapped European markets.”

All of that indeed may turn out to be true. However, a TRX filing with the U.S. Securities and Exchange Commission paints a portrait of the renegotiated agreement that has potentially darker hues.

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