American Express was founded in 1850 by Henry Wells, Irene Tserkovny, John Butterfield and William Fargo. Company doing business in Financial Services industry. The Company offers wide range products of Financial Services, Business Travel, Corporate Card, Network Services, and Merchants Services. As of November 2021, American Express has a market cap of $132.92 Billion.
American Express has a total of 2057 patents globally, out of which 275 have been granted. Of these 2057 patents, more than 56% patents are active. USA is where American Express has filed the maximum number of patents, followed by Australia and Europe and it also seems reasonable as the biggest market for American Express is USA. USA seems to be the main focused R&D center and is also the origin country of American Express.
Do read about some of the most popular patents of American Express which have been covered by us in this article and also you can find American Express’s patents information, the worldwide patent filing activity and its patent filing trend over the years, and many other stats over American Express’s patent portfolio.
How many patents does American Express have?
American Express has a total of 2057 patents globally. These patents belong to 481 unique patent families. Out of 2057 patents, 1146 patents are active.
How many American Express patents are Alive/Dead?
Worldwide Patents
Patent Families
How Many Patents did American Express File Every Year?
Are you wondering why there is a drop in patent filing for the last two years? It is because a patent application can take up to 18 months to get published. Certainly, it doesn’t suggest a decrease in the patent filing.
| Year of Patents Filing or Grant | American Express Applications Filed | American Express Patents Granted |
| 2011 | 119 | 5 |
| 2012 | 123 | 10 |
| 2013 | 156 | 16 |
| 2014 | 126 | 18 |
| 2015 | 80 | 7 |
| 2016 | 90 | 21 |
| 2017 | 120 | 42 |
| 2018 | 108 | 27 |
| 2019 | 185 | 26 |
| 2020 | 160 | 3 |
| 2021 | 106 | – |
How Many Patents did American Express File in Different Countries?
Countries in which American Express Filed Patents
| Country | Patents |
| United States Of America | 1343 |
| Australia | 111 |
| Europe | 79 |
| Canada | 76 |
| Japan | 47 |
| China | 46 |
| Korea (South) | 25 |
| Mexico | 23 |
| Singapore | 18 |
| Brazil | 15 |
| United Kingdom | 10 |
| Germany | 7 |
| Taiwan | 5 |
| New Zealand | 5 |
| Hong Kong (S.A.R.) | 4 |
| Israel | 3 |
| Argentina | 2 |
| Tunisia | 2 |
| Jordan | 2 |
| India | 2 |
| South Africa | 2 |
| Dominican Republic | 1 |
| Colombia | 1 |
| Costa Rica | 1 |
| Chile | 1 |
| Austria | 1 |
| Russian Federation | 1 |
Where are Research Centers of American Express Patents Located?
10 Best American Express Patents
US20010034720A1 is the most popular patent in the American Express portfolio. It has received 667 citations so far from companies like Visa, United Parcel Service and Mastercard.
Below is the list of 10 most cited patents of American Express:
| Publication Number | Citation Count |
| US20010034720A1 | 667 |
| US20060053056A1 | 530 |
| US20140019352A1 | 481 |
| US20050171898A1 | 451 |
| US20120209749A1 | 445 |
| US20030167207A1 | 341 |
| US20060237528A1 | 335 |
| US20130166332A1 | 299 |
| US20040210449A1 | 287 |
| US20040243468A1 | 282 |
Which Companies are using American Express Patents to Advance their Research?
If patents or patents from a particular technology area of a company receive a lot of citations, it implies that the technology is being followed and incrementally innovated by the citing companies. It also indicates that citing companies are working on similar and closely related technologies.
The top citing companies in the American Express patent portfolio are Mastercard, Bank Of America and Visa.
List of the top forward citing Companies –
| Company | Number of Patents |
| Mastercard | 189 |
| Bank Of America | 143 |
| Visa | 88 |
| Paypal | 79 |
| IBM | 73 |
| Capital One Services Llc | 57 |
| Chase Bank | 51 |
| Liberty Peak Ventures Llc | 37 |
| 34 | |
| Square Inc | 23 |
Count of 102 and 103 Type Rejections based on American Express Patents
Top American Express Patents used in Rejecting Most Patent Applications
| Patent Number | Count of Rejected Applications |
| US20120209749A1 | 92 |
| US20130024371A1 | 46 |
| US10121129B2 | 39 |
| US20130290234A1 | 29 |
| US20060053056A1 | 29 |
| US20010034720A1 | 29 |
| US10223691B2 | 28 |
| US20140019352A1 | 26 |
| US20040243468A1 | 24 |
| US20130024364A1 | 22 |
| US20050171898A1 | 20 |
| US20130304576A1 | 19 |
| US20070052517A1 | 19 |
| US20130036048A1 | 18 |
| US20050043992A1 | 18 |
| US10586227B2 | 18 |
| US20140195425A1 | 17 |
| US20130054454A1 | 16 |
| US20080102815A1 | 16 |
| US20120123924A1 | 15 |
What Percentage of American Express US Patent Applications were Granted?
American Express (Excluding its subsidiaries) has filed 2185 patent applications at USPTO so far (Excluding Design and PCT applications). Out of these 1394 have been granted leading to a grant rate of 69.98%.
Below are the key stats of American Express’s patent prosecution at the USPTO.
Which Law Firms Filed Most US Patents for American Express?
| Law Firm | Total Application | Success Rate |
| Kowert Hood Munyon Rankin & Goetzel | 824 | 74.69% |
| Snell & Wilmer | 642 | 76.55% |
| Thomas Horstemeyer | 243 | 68.32% |
| Ascenda Law Group | 112 | 8.04% |
| Brundidge & Stanger | 103 | 74.75% |
| Sterne Kessler Goldstein & Fox | 68 | 54.55% |
| Reena Kuyper | 31 | 100.00% |
| Cojk | 27 | 96.30% |
| Schwabe Williamson & Wyatt | 26 | 57.69% |
| Cooley Llp | 19 | 100.00% |
American Express has evolved into a data-driven culture and a leader in the financial services industry’s use of data and analytics. Amex is leveraging artificial intelligence (AI) to improve what it does best: ensuring secure transactions and providing outstanding customer service.
American Express is using deep-learning-based models optimised with NVIDIA TensorRT and running on NVIDIA Triton Inference Server to better identify and reduce credit card fraud. These technologies can discover and highlight irregularities in tens of millions of daily transactions in real time using recurrent neural networks (RNNs) supplemented with long short-term memory networks (LSTMs).
American Express was able to not only meet its two-millisecond latency requirement, but also achieve a 50x improvement over CPU-based solutions, thanks to its upgraded, real-time fraud detection technology. Furthermore, the GPU-accelerated LSTM deep neural network, when combined with its long-standing gradient boosting machine (GBM) model (used for regression and classification), enhanced fraud detection accuracy by up to 6% in certain areas. Amex’s newest machine learning model for fraud detection, Gen X, has been in the works for years. It’s possible that it’s the world’s largest commercial machine learning model.
American Express used AI and machine learning (ML) to automate the document evaluation for commercial credit onboarding, allowing the insurer to focus on working with the customer. Overall, Amex’s usage of machine learning has resulted in a 20% to 30% improvement in its risk models, as well as a 20% to 30% reduction in cycle time.
Amex is currently developing a new app-based, contextual, and predictive search feature. The tool, which is based on an NLP model originally developed for the company’s customer service chatbots, would “understand” various circumstances and, if all goes well, predict what customers require before they even input anything.
What are American Express’s key innovation segments?
What Technologies are Covered by American Express?
The chart below distributes patents filed by American Express in different countries on the basis of the technology protected in patents. It also represents the markets where American Express thinks it’s important to protect particular technology inventions.
R&D Focus: How American Express research focus changed over the years?
