American Express is getting rid of signatures for credit card purchases – The Verge
American Express is getting rid of signatures for credit card purchases The Verge
Image: American Express American Express has announced that it will no longer require signatures for credit card purchases beginning in April 2018, joining Discover and Mastercard, which have also announced similar changes. According to Jaromir Divilek, an executive VP at American Express, the company is making the change because its “fraud capabilities have advanced so that signatures are no longer necessary to fight fraud.” The company also cites advances in contactless payments, the explosion of popularity in online shopping, and the buzzword-citing use of “advanced machine learning algo…
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