AMEX ADDS AI, EXPENSE TRACKING TO CORPORATE CARD TO COUNTER FINTECH RIVALS

Summary from the TLDR Fintech newsletter

Amex's September 30 rollout pairs a corporate cashback card with software that captures spending, generates expense reports, and flags policy violations. Aimed at businesses with $10 million to $300 million in annual revenue, it brings Amex closer to the integrated offering popularized by Ramp and Brex. Additional AI agents and accounts-payable features are planned after launch.