VISA WINS: With TCs you pay first, encash later, but with credit cards it's the other way round.

VISA WINS: With TCs you pay first, encash later, but with credit cards it

Forbes India: Travellers cheques check out!

Travellers cheques date back to the end of the 19th century with American Express and Thomas Cook as the first issuers. Thomas Cook had issued a precursor to the TC, Cook's Circular Note, in 1874 in New York. But the world's first traveller's cheque was issued by American Express in 1891. But this staple in the wallets of tourists, are making a silent exit.

Rajesh Saxena named American Express India CEO

Saxena was sales and marketing head, Citi Cards in Japan.

http://www.ibnlive.com/news/rajesh-saxena-named-american-express-india-ceo/84347-7.html

Tata Corus cuts 400 jobs | Amex sacks employees

Tata Corus has a strong presence but is hit by recession too.

http://www.ibnlive.com/news/tata-corus-cuts-400-jobs--amex-sacks-employees/77625-7.html

Day in pics: Jobs cuts, US polls and scared Sachin

Here's a look at what made news on Monday. More pics

http://www.ibnlive.com/news/day-in-pics-jobs-cuts-us-polls-and-scared-sachin/77387-3.html

PM's plea has no credit; Amex cuts jobs

Company confirms job cuts but says it can't give a specific number.

http://www.ibnlive.com/news/pms-plea-has-no-credit-amex-cuts-jobs/77370-7.html

Oct 30 in pics: Blasts, job cuts and a political potboiler

Here's a look at the top news of the day on Thursday.

http://www.ibnlive.com/news/oct-30-in-pics-blasts-job-cuts-and-a-political-potboiler/77125-3.html

American Express to slash 7,000 jobs | TCS, Infy won't

The expected cost savings lifted the company's shares 2.3 per cent.

http://www.ibnlive.com/news/american-express-to-slash-7000-jobs--tcs-infy-wont/77108-7.html

Indian firms are missing out on significant savings

The survey goes on to highlight opportunities for Indian companies.

http://www.ibnlive.com/news/indian-firms-are-missing-out-on-significant-savings/63590-7.html

American Express, Kingfisher launches credit card

India is experiencing a strong growth in affluence, spend on domestic air travel is increasing, and frequent flyers are looking for a premium experience combined with great value.

http://www.ibnlive.com/news/american-express-kingfisher-launches-credit-card/51657-24.html

American Express appoints Manoj Chacko as head of business travel

Chacko joins American Express from Kingfisher Airlines, where he was involved since start-up.

http://www.ibnlive.com/news/american-express-appoints-manoj-chacko-as-head-of-business-travel/49397-24.html

Airfare flattens across Asia Pacific

While domestic airfares increased 6 pc for Q4 2006, routes within Asia Pacific and to EMEA were up only 1 pc.

http://www.ibnlive.com/news/airfare-flattens-across-asia-pacific/40098-7.html

Now Abhishek to party with Amex

Abhishek Bachchan, the first American Express Platinum Card member, will host an exclusive evening for members.

http://www.ibnlive.com/news/now-abhishek-to-party-with-amex/39683-7.html

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