Discover alternative

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Possible Answers: AMEX.

Last seen on: Newsday.com Crossword – Oct 15 2020

Random information on the term “AMEX”:

The American Express Company (Amex) is an American multinational financial services corporation headquartered at 200 Vesey Street in New York City. The company was founded in 1850 and is one of the 30 components of the Dow Jones Industrial Average. The company is best known for its charge card, credit card, and traveler’s cheque businesses.

During the 1980s, Amex invested in the brokerage industry, acquiring what became, in increments, Shearson Lehman Hutton and then divesting these into what became Smith Barney Shearson (owned by Primerica) and a revived Lehman Brothers. By 2008 neither the Shearson nor the Lehman name existed.

In 2016, credit cards using the American Express network accounted for 22.9% of the total dollar volume of credit card transactions in the United States. As of December 31, 2019[update], the company had 114.4 million cards in force, including 54.7 million cards in force in the United States, each with an average annual spending of $19,972.

AMEX on Wikipedia