Sisk, Michael
June 2005
Bank Technology News;Jun2005, Vol. 18 Issue 6, p30
Trade Publication
This article reports that American Express Co.'s strategy of opening its merchant network to third parties has led to a flurry of deals in locales as familiar as Great Britain and as far-flung as Bulgaria, Latvia and Africa. American Express's long-term, global strategy of opening its merchant network and card product portfolio to third-party issuers has born quite a bit of fruit of late, with a raft of deals announced by Amex Inc.'s European operations. Three new European relationships, a Russian partnership and a novel arrangement to boost its network in Africa were all announced in an April flurry.


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