American Express Logo — American Express Company, commonly known as Amex or AmEx, is a financial institution based in New York, has more than 1,700 offices in over 130 countries worldwide. The magazine Fortune puts it at number 74 in world ranking of the largest companies. Among their offerings are the credit cards, traveler checks, insurance, brokerage services and online banking, the latter two supervised by the American Express Bank.
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AmEx began operations in Buffalo, United States, on March 18 of 1850 as a rail service carrying charges and values throughout the territory of the United States. Due to the increasing demand for these services, quickly and safely, AmEx began to focus on financial services which gave a much more secure in the business of those times. Due to the success, AmEx began service of twists and travelers checks. Marcellus Berry, an employee of American Express created the draft or “Money Order” in 1882, Travel Voucher precursor was an absolute necessity for both domestic and international travelers. More