Scribd Logo
Upload

Welcome to Scribd!

  • American Express: Financial Services, Inc

    Uploaded by

    王郁妘
    18 views20 pages
    American Express is a global financial services company founded in 1850. It began as a freight forwarding company and has since diversified into investment banking, insurance, and publishing. Some key events in its history include introducing traveler's cheques in 1891, opening an international office in Paris in 1895, and issuing its first credit card in 1958. American Express generates revenue from global consumer, commercial, and network services. It has a large global footprint with branches in over 40 countries. The company's main competitive advantages include its closed-loop business model and large client and cobrand portfolios. Its main competitors are Visa, Mastercard, and major banks.

    Original Description:

    Original Title

    國企 美國聯通

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    American Express is a global financial services company founded in 1850. It began as a freight forwarding company and has since diversified into investment banking, insurance, and publishing. Some key events in its history include introducing traveler's cheques in 1891, opening an international office in Paris in 1895, and issuing its first credit card in 1958. American Express generates revenue from global consumer, commercial, and network services. It has a large global footprint with branches in over 40 countries. The company's main competitive advantages include its closed-loop business model and large client and cobrand portfolios. Its main competitors are Visa, Mastercard, and major banks.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    18 views20 pages

    American Express: Financial Services, Inc

    Uploaded by

    王郁妘
    American Express is a global financial services company founded in 1850. It began as a freight forwarding company and has since diversified into investment banking, insurance, and publishing. Some key events in its history include introducing traveler's cheques in 1891, opening an international office in Paris in 1895, and issuing its first credit card in 1958. American Express generates revenue from global consumer, commercial, and network services. It has a large global footprint with branches in over 40 countries. The company's main competitive advantages include its closed-loop business model and large client and cobrand portfolios. Its main competitors are Visa, Mastercard, and major banks.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 20

    FINANCIAL SERVICES, INC

    AMERICAN

    EXPRESS

    08154232/08154239
    Audrey&Peggy
    Catalog
    ∙ Short Introduction
    ∙ History
    ∙ About Finance
    ∙ Main Features
    ∙ Innovative Project
    ∙ Competitors in Markets

    Hypelane Clothing Co. 2020


    Short Introduction

    Current CEO--Stephen Squeri


    Founders---William Fargo,
    Henry Wells, John Warren
    Butterfield
    Founded on March 18,1850
    Revenue U.S.$ 43.556
    billion(2019)
    History
    Began as a
    freight forwarding company
    via the consolidation
    1850
    of 3 companies which were
    active in the express transport
    of goods.
    1891
    Travelers Cheque
    It is a medium of
    exchange that can be
    used in place of hard
    currency.
    1895
    It opened first office
    outside of North
    American, which
    was in Paris.
    The express industry
    was nationalized by the goverment 1918

    It issued its own


    first credit card 1958
    Diversified its holdings to
    1960 investment banking,
    insurance, and publishing.

    1991 Membership Rewards

    2010 Digital Commerce


    Social
    Its branches are located in more than 40 conturies
    Responsibility
    RESPONSIBLE SOURCING
    Presentations are communication
    tools that can be demonstrations.

    ENERGY EFFICIENCY
    Presentations are communication
    tools that can be demonstrations.

    NONPROFIT FUNDING
    Presentations are communication
    tools that can be demonstrations.
    About
    Finance
    SOURCES OF FUNDING
    &GEOGRAPHIC REVENUE
    &REVENUE, GROWTH
    IN 2019/20
    Sources of Funding
    Global Network Service
    14%

    Global Commercial

    Customers 41%

    Global Consumer
    45%

    Outside US
    33%

    Geographies
    US
    67%
    Annual
    Revenue&
    Growth Rate
    2019 V.S. 2020
    MAIN
    FEATURES
    Why's so special?
    1 CLOSED-LOOP

    CLIENT &
    2 COBRAND PORTFOLIOS/
    DIGITAL COMMERCE
    CLOSED-LOOP

    Discount fees were their


    primary source of revenue.
    Amex being both a card-network provider and
    banking institution
    enables them to retain revenues earned from
    both the merchants and the
    cardmembers.
    Client &
    Cobrand
    Portfolios
    /
    Digital
    Commerce
    Innovative Project
    COMPETITORS
    IN MARKETS

    1 VISA&MASTER CARD

    2 MAJOR BANKS
    Challenge 1
    Presentations are tools that can be
    competitors have low discount rate
    lectures, reports, and more.

    Challenge 2
    customer attrition

    You might also like