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Apple Pay adds redesigned checkout, Amex rewards payments, and Tap to Share in iOS 27

Apple has rolled out several Apple Pay updates alongside iOS 27, including a redesigned checkout screen that lets users swipe between cards and view rewards, balances and pay-later details more easily. Apple and American Express also launched a partnership allowing customers to redeem Membership Rewards points directly at Apple Pay checkout, valued at 0.7 cents per point. Additionally, a new Tap to Share feature extends Tap to Pay on iPhone, letting customers share contact info, shipping details and loyalty data with participating merchants in-store.

Entrepreneur op-ed: CEO likens contrarian travel habits to business strategy

An Entrepreneur contributor describes visiting Yamagata, Japan for a niche sake-brewing workshop instead of typical tourist spots, citing a 2026 American Express survey that found 79% of millennial and Gen Z travelers now prioritize hands-on local experiences over famous landmarks. The writer, a CEO with experience traveling to 33 countries, draws parallels between avoiding crowded tourist destinations and pursuing underexplored business opportunities rather than obvious, saturated markets.

Mastercard partners to enable AI agents to make purchases on cardholders' behalf

Mastercard has signed a new deal aimed at letting AI-driven shopping agents complete purchases using customer payment credentials. The move comes as rivals Visa and American Express are also preparing their own systems to support autonomous, AI-powered shopping bots.

American Express to open first Centurion Lounge at Amsterdam Schiphol Airport

American Express is launching a new Centurion Lounge at Amsterdam Schiphol Airport, set to open September 17. The lounge will feature a full bar, a dedicated coffee bar, and food inspired by local Dutch cuisine, marking the brand's entry into one of Europe's busiest travel hubs.

American Express launches blockchain-based Amex Passport for travel stamps

American Express built a new feature called Amex Passport that converts card transactions abroad into digital collectible stamps stored in its mobile app, using blockchain technology on the Base platform. The idea originated from an employee who noticed that physical passport stamps are disappearing, backed by survey data showing most travelers want digital ways to mark trips. Amex has since expanded the feature to let cardholders generate stamps retroactively for trips dating back to 2019.

Apple Pay adds redesigned checkout, Amex rewards payments, and Tap to Share in iOS 27

Apple has unveiled several Apple Pay upgrades tied to iOS 27, including a redesigned checkout screen that lets users swipe between cards and view balances and rewards at a glance. The company also partnered with American Express to let customers redeem Membership Rewards points directly during checkout, valued at 0.7 cents per point. Additionally, a new 'Tap to Share' feature extends Tap to Pay on iPhone, letting shoppers share contact and loyalty info with merchants in-store.

Harvard study finds credit card rewards shift $9.2B a year to wealthy shoppers

A Harvard Business School analysis led by Professor Mark Egan finds that interchange fees baked into retail prices generate about $9.2 billion annually in net rewards for affluent credit card users, while cash and debit customers pay the same higher prices but receive little or none of that money back. Across the broader economy, the researchers estimate roughly $30 billion moves each year from cash and debit users to credit card users at the same stores.