American Express (NYSE:AXP) has launched integration with Apple’s Passbook.

American Express To Integrate iOS Passbook

American Express (NYSE:AXP) announced that it is launching an integration with Apple’s Passbook, a feature of Apple’s newly released iOS 6.

It is a mobile wallet that allows iPhone and iPod touch users to keep frequently used cards at their fingertips.

Brad Minor, American Express (NYSE:AXP) spokesman, said that, “American Express (NYSE:AXP) has essentially re-imagined what’s possible for the newly launched Apple iOS6 Passbook technology – taking it beyond just mobile ticketing, coupons, and loyalty cards. This is an entirely new use-case for Pass that makes it useful every day and not just for specific occasions”.

American Express Co. (NYSE:AXP) stocks were at 57.86 at the end of the last day’s trading. There’s been a 1.9% change in the stock price over the past 3 months.

American Express Co. (NYSE:AXP) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: Error
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: Error
Zack’s Rank: 3 out of 23 in the industry