American Express (AXP) Adds Business Savings And Payroll Tools

American Express (NYSE:AXP) has launched American Express Business Savings Accounts and a new integrated Business Banking platform for SMBs. The company is adding a payroll solution that uses AI-powered tools to help automate tasks for business customers. These services extend American Express beyond cards into broader small and medium-sized business financial services and digital banking. The launch of Business Savings, the banking platform, and AI payroll tools is important, but investors...