Serve Cash Back

American Express has launched Serve Cash Back, a new prepaid debit Account option that will earn Accountholders 1% cash back on purchases. Consumers who spend in line with the 2012 – 2013 U.S. Department of Labor national averages for gas, groceries, dining out, clothing, transportation and entertainment using the Serve Cash Back Card could potentially earn more than $400 annually2 when earning 1% cash back.

Global Biometrics

The global biometric authentication and identification systems market is expected to grow at an estimated CAGR of 17% from 2015 to 2020 and generate over $25 billion by 2020. While the majority of the demand is sourced out of APAC and Middle East, countries such as the U.S. and the U.K. continue to be the leading revenue generating countries in the biometrics market.

Electronic Payments 2015

While companies around the world are taking note of the growing emergence of mobile and digital payment applications, many treasury departments still grapple with the continued existence and enormous cost of paper payments. Clients at the Bank of America Merrill Lynch Conference on Payments and Commercial Card continued to identify that fully converting their payments to electronic was their No. 1 priority in improving their working capital in 2015.