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Amex CEO candid about card industry changes. (Inside Track).

Publication: Business Travel News
Publication Date: 09-JUN-03
Format: Online - approximately 170 words
Delivery: Immediate Online Access

Article Excerpt
American Express president and CEO Kenneth Chenault in a speech last week asserted that Amex has been shut out from Visa's and MasterCard's contractual exclusivity with payment card issuers, adding that the payment card industry is "clearly at a turning point" in Amex's favor. "The 'old way' of doing...

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