Payment & Expense
American Express announced Serve as the new name for its digital payment platform and indicated Concur would embed it into the Breeze small-business expense management tool
. Serve allows customers to make person-to-person payments online, via mobile phones or at merchants that accept Amex cards. Customers can fund Serve accounts from other bank accounts; from debit, credit or charge accounts; or through other means. They also can obtain reports on usage. Customers--including businesses--can create sub-accounts and set usage and spending rules, according to Amex officials.