Under a nonprosecution agreement the company is to pay a $77.6 million fine and forfeit $60.7 million for the revenue that could have been owed from its Payroll Rewards and Premium Wire programs.

The PGA Tour has reached its third event of the season, the first back on the mainland and in California for the American Express. The three-course rotation over the first three rounds includes stops at the Pete Dye Stadium Course,

American Express has agreed to pay more than $138 million to resolve a wire fraud investigation related to its sales and marketing practices.