PYMNTSUpdated Payments

Mastercard and Extend Team to Improve Bank and Business Software

By PYMNTS

Photo for: Mastercard and Extend Team to Improve Bank and Business Software

AI summary of the source article

Mastercard has selected spend management and virtual card FinTech Extend as a financial operations platform partner. The collaboration aims to deliver spend and expense management tools directly to commercial card issuing banks in the U.S. and Canada.

Why it matters

The collaboration "is designed to bring new spend and expense management tools directly to commercial card issuing banks in the U.S. and Canada."

Key facts

  • Mastercard selected spend management and virtual card FinTech Extend as a financial operations platform partner.
  • The collaboration was announced on Monday, Oct. 19.
  • The partnership is designed to deliver spend and expense management tools to commercial card issuing banks in the U.S. and Canada.

Source excerpt · PYMNTS

Mastercard has chosen spend management/virtual card FinTech Extend as one of its financial operations platform partners. The collaboration, announced Monday (Oct. 19), is designed to bring new spend and expense management tools directly to commercial card issuing banks in the U.S. and Canada. “Banks start with an advantage that’s hard to compete with,” Extend said […] The post Mastercard and Exten…